Donald Trump’s Transition Begins Amid Calls and Challenges \ Newslooks \ Washington DC \ Mary Sidiqi \ Evening Edition \ Donald Trump, president-elect, began his transition by fielding calls from global leaders, President Joe Biden, and Vice President Kamala Harris. Formal transition planning has been delayed, impacting key preparatory steps like security clearances. World leaders expressed hopes for continued cooperation as U.S. markets reacted positively to the election results.
Trump’s Transition: Global Calls and Next Steps Quick Looks
- President-elect Trump took calls from world leaders, including Biden and Harris.
- Biden invited Trump to the Oval Office to facilitate the transition.
- Key transition agreements await signatures to start full federal cooperation.
- Security clearances for Trump’s incoming team are currently delayed.
- Netanyahu, Macron, Starmer, and Zelenskyy reached out with various priorities.
- Trump’s return brings possible shifts in U.S.-Middle East policy amidst conflicts.
- U.S. financial markets and bitcoin rose amid hopes for a smooth transition.
- Special counsel Jack Smith considers winding down federal cases against Trump.
Deep Look:
Despite initial outreach, formal transition processes, governed by the Presidential Transition Act, have yet to commence in earnest. This delay has implications for the incoming administration’s ability to process security clearances for national security staff and access critical federal resources. These agreements require Trump’s team to commit to ethics standards and disclose private funding sources to facilitate smooth governance by January 20, 2025.
Transition and Legislative Requirements
Jeff Zients, Biden’s chief of staff, contacted Trump’s transition co-chairs Howard Lutnick and Linda McMahon, emphasizing the importance of meeting the legislative requirements for presidential transitions. While these agreements are typically completed by early fall, Trump’s team has only just started to shift focus toward fulfilling these formalities.
Global Outreach and Key Conversations
French President Emmanuel Macron, British Prime Minister Keir Starmer, and Saudi Crown Prince Mohammed bin Salman also made calls, each expressing hope for strong bilateral ties. Saudi Arabia’s Crown Prince noted aspirations to enhance the longstanding relationship between the nations, referencing Trump’s previous visit as president, which reinforced diplomatic and economic connections despite tensions over the Khashoggi case.
Domestic Implications and Market Reactions
The election results influenced U.S. financial markets positively, with major stocks, including Tesla, experiencing gains. This optimism reflected investor confidence in political stability and continuity. Elon Musk, a Trump supporter, saw his company’s shares rise amidst the broader market upswing, bolstered by a peaceful transition signal.
Legal Developments
Trump’s Future Plans
Trump has expressed an ambitious agenda that includes international peace efforts, particularly in the Middle East. This comes at a volatile time when Israel is engaged in conflict with Hamas and Hezbollah, and tensions with Iran continue. Trump’s past policies showed strong support for Israel, but his strategy for addressing these renewed conflicts remains unspecified.
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