Trump to Leave Office Trailed by Pandemic, Still Facing Impeachment

About This Source - Bloomberg QuickTake: Now

Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.

It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

Recent from Bloomberg QuickTake: Now:

  • Norway Leads the World in Electric Vehicle Sales
  • Thousands Gather at Anti-Vaccination Protest in Bucharest
  • Biden Issues Voting Rights Executive Order on “Bloody Sunday,” 56th Commemoration of Selma
  • Bloomberg Quicktake: Now published this video item, entitled “Trump to Leave Office Trailed by Pandemic, Still Facing Impeachment” – below is their description.

    Donald Trump departs Washington on Wednesday with Americans more politically divided and more likely to be out of work than when he arrived, while awaiting trial for his second impeachment — an ignominious end to one of the most turbulent presidencies in American history.

    Trump intends to leave in the morning for his Mar-a-Lago club in Palm Beach, Florida, arriving before President-elect Joe Biden is inaugurated. There, the ex-president will begin his post-presidency life attended at least temporarily by a handful of former White House staffers.

    The last president who chose not to attend his successor’s inauguration was Andrew Johnson in 1869, another impeached leader. While Trump’s absence will break more than a century of precedent that has reinforced the peaceful transfer of power in the U.S., Biden has said it’s a “good thing” Trump won’t observe his swearing-in.

    Biden will arrive in Washington on Tuesday, where Trump isn’t expected to give him a meeting, according to people familiar with the matter, even though the president-elect will stay at Blair House across the street. All of the nation’s other living ex-presidents except Jimmy Carter, who is 96, will join Biden at Arlington National Cemetery after the inauguration to lay a wreath at the Tomb of the Unknown Soldier.

    The outgoing president has been transformed into a political pariah in Washington among all but his most loyal supporters in the wake of the deadly Jan. 6 insurrection at the U.S. Capitol, which was inspired by Trump’s refusal to accept defeat and recognize Biden’s victory in the November election.

    Unemployment is more than a third higher than when he entered office. About 400,000 Americans are expected to be dead of Covid-19 by the time Trump leaves the White House on Wednesday.

    Even with the damage inflicted by the pandemic, U.S. equity markets retained their swagger and posted solid returns during the Trump years. The Standard & Poor’s 500 Index rose 66% through Friday; the tech-heavy Nasdaq Composite Index climbed 135%.

    Trump has left the door open for a second act in national politics, buoyed by the 74 million people who voted for his re-election despite his failure to contain the U.S. coronavirus outbreak.

    Yet his popularity has fallen considerably since the election and the Capitol riot, however. Several polls have shown that as he leaves office, record low numbers of Americans — less than 40%, according to an average by RealClearPolitics — approve of his performance as president.

    The final Gallup poll of Trump’s presidency, released Monday, found him with 34% support on Monday — tied with Carter and George W. Bush, who left office with the country mired in the worst financial crisis since the Great Depression and Americans disillusioned with the Iraq War.

    Trump’s attempts during his final weeks in office to tout his achievements, including his border wall and the withdrawal of U.S. troops from the Middle East, were drowned out by the fallout from the riot. The violent storming of the Capitol left five people dead and showed the danger of Trump’s weeks-long campaign to whip his supporters into a frenzy over the election outcome.

    Three quarters of Americans, including more than half of Republicans, say Trump bears some responsibility for the attack, according to a Pew Research Center survey.

    The Washington that Trump leaves behind now looks more like a military base than the seat of the world’s longest-standing democracy. Thousands of National Guard troops patrol the streets, while the Capitol, White House and large areas around them are fenced off to protect against another attack by Trump’s supporters.

    And Trump can’t altogether escape the place himself. Rather than being fully unburdened from the pressures of the presidency upon leaving office, he’ll have to eventually defend himself in his historic second impeachment trial in the Senate over his incitement of the Capitol riot.

    Barack Obama, by comparison, spent part of his first few weeks as a former president kite surfing in the Caribbean with British business mogul Richard Branson.

    Bloomberg Quicktake: Now YouTube Channel

    Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.

    In This Story: Barack Obama

    Barack Obama is an American politician and attorney who served as the 44th president of the United States from 2009 to 2017. A member of the Democratic Party, Obama was the first African-American president of the United States. He previously served as a U.S. senator from Illinois from 2005 to 2008 and an Illinois state senator from 1997 to 2004.

    Obama left office in January 2017 and continues to reside in Washington, D.C.

    Books #Ad

    3 Recent Items: Barack Obama

  • McConnell Responds to Trump’s Comments at CPAC
  • McConnell: Senate GOP Will Fight Biden’s Covid Stimulus ‘In Every Way We Can’
  • Senate to Send $1.9 Trillion Covid Stimulus to Biden’s Desk by March 14: Schumer
  • In This Story: COVID-19

    Covid-19 is the official WHO name given to the novel coronavirus which broke out in late 2019 and began to spread in the early months of 2020.

    Symptoms of coronavirus

    The main symptoms of coronavirus are:

    • a persistent new cough (non productive, dry)
    • a high temperature (e.g. head feels warm to the touch)
    • shortness of breath (if this is abnormal for the individual, or increased)

    Latest News about Covid-19

    Below are stories from around the globe related to the 2020 outbreak of novel Coronavirus – since the WHO gave the Covid-19 naming. Most recent items are posted nearest the top.

    5 Recent Items: COVID-19

  • Artist uses ultraviolet light to create safe spaces
  • $1.9 trillion COVID-19 relief package heads back to House
  • Covid Debt Crunch Needs Transparency: IMF and World Bank
  • Should essential workers be given COVID-19 vaccine priority?
  • Concerns raised over allergic reactions to COVID jab | 7NEWS
  • In This Story: Donald Trump

    Donald John Trump was the 45th President of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in Queens, a borough of New York City, and received a bachelor’s degree in economics from the Wharton School.

    5 Recent Items: Donald Trump

  • Trump lawyers tell Republicans they cannot use his name for fundraising | 7NEWS
  • Biden offers hope for refugees stranded on the US-Mexico border | DW News
  • Larry Kudlow on how his TV career helped him in Trump admin | Hemmer Time
  • Covid Antibody Treatment Could Be 80 Times More Potent Than The One Given to Trump
  • Capitol Hill Staffers Still Coping With Mental Trauma After Deadly Pro-Trump Riots | NBC News NOW
  • In This Story: Iraq

    Iraq, officially the Republic of Iraq, is a country in Western Asia. The capital and largest city is Baghdad. Iraq is home to diverse ethnic groups including Arabs, Kurds, Turkmen, Assyrians, Yazidis, Shabakis, Armenians, Mandaeans, Circassians, Sabians and Kawliya. Around 99% of the country’s 38 million citizens are Muslims, with small minorities of Christians, Yarsans, Yezidis and Mandeans also present. The official languages of Iraq are Arabic and Kurdish.

    Iraq has a coastline measuring 58 km (36 miles) on the northern Persian Gulf and encompasses the Mesopotamian Alluvial Plain, the northwestern end of the Zagros mountain range and the eastern part of the Syrian Desert. Two major rivers, the Tigris and Euphrates, run south through Iraq and into the Shatt al-Arab near the Persian Gulf. These rivers provide Iraq with significant amounts of fertile land. The region between the Tigris and Euphrates rivers, historically known as Mesopotamia, is often referred to as the cradle of civilisation.

    Iraq is a federal parliamentary republic consisting of 19 governorates, four of which make up the autonomous Kurdistan Region. Disputes over the sovereignty of Kurdistan Region continue.

    Iraq is a founding member of the UN as well as of the Arab League, OIC, Non-Aligned Movement and the IMF.

    2 Recent Items: Iraq

  • Pope Francis’ historic trip continues into northern Iraq
  • Pope Francis ends historic Iraq visit with Erbil mass, thousands gather
  • In This Story: Joe Biden

    Joe Biden is an American politician serving as the 46th and current president of the United States. A member of the Democratic Party, he served as the 47th vice president from 2009 to 2017 under Barack Obama and represented Delaware in the United States Senate from 1973 to 2009.

    He is married to Dr Jill Biden.

    Books by Joe Biden #Ad

    6 Recent Items: Joe Biden

  • Biden signs order to expand voting access
  • Biden signs executive order to expand voting access on 56th anniversary of “Bloody Sunday”
  • Biden Issues Voting Rights Executive Order on “Bloody Sunday,” 56th Commemoration of Selma
  • Fareed: Biden is sending message to Americans and the world
  • $1,400 cheques to be mailed to New Yorkers in coming weeks, says Sen. Schumer
  • Biden hails Senate passage of ‘desperately needed’ $1.9tn coronavirus relief bill
  • Leave a Comment