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Why in the News?
Donald Trump was sworn in as the 47th President of the United States on January 20, 2025, marking a historic return to the White House after four years. He becomes the second president after Grover Cleveland to regain the presidency and, at 78, is the oldest U.S. president to take office. Key Takeaways Inauguration Day Highlights The swearing-in ceremony was moved indoors to the Capitol Rotunda due to extreme cold, marking the coldest inauguration day in 40 years. JD Vance was sworn in as Vice President during the ceremony. Trump’s Historic Comeback Overcame multiple impeachments, criminal indictments, and an assassination attempt to secure victory in the 2024 elections. Won every swing state and restored the Republican majority in Congress. Promises for a New Era Trump vowed to sign a record number of executive orders and reverse Joe Biden’s policies. Early agenda includes mass deportations, ending birthright citizenship, banning transgender athletes in women’s sports, and pardoning 2021 Capitol rioters. Global and Economic Implications Trump’s “America First” policies have raised concerns globally, especially in Europe and Ukraine. Markets rallied on his pro-business stance, with Bitcoin hitting an all-time high of $109,241, and energy investors optimistic about deregulation plans. |
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