Washington, D.C. – President Biden and President-elect Trump are scheduled to meet in the Oval Office on Wednesday, as announced by the White House over the weekend. The meeting, set for 11 a.m. local time, comes as Mr. Biden extended the invitation for the sit-down.
This customary meeting between the outgoing and incoming presidents is a tradition in the transition of power in the United States. However, after the 2020 election, Mr. Trump notably did not host Mr. Biden for a similar meeting following his loss.
Mr. Trump, the 45th president of the U.S., is set to become the second president to serve two non-consecutive terms, making him the nation’s 47th president. The only other president to achieve this was Grover Cleveland, who served as both the 22nd and 24th president.
Following his win in the recent presidential election, Mr. Trump secured at least 301 electoral college votes, surpassing the needed threshold of 270. Meanwhile, Vice President Kamala Harris was part of the losing ticket.
In a speech on Thursday, Mr. Biden emphasized the importance of a peaceful and orderly transition of power, stating his commitment to working with Mr. Trump’s team for the benefit of the American people.
The upcoming meeting between the two leaders is expected to address a range of issues concerning the transition of power and the future of the nation. As the political landscape continues to evolve, both presidents are likely to discuss key policies and priorities in their discussion.









Lord Abbett High Yield Fund Q4 2025 Commentary: What Investors Need to Know for a Profitable Future!
Jersey City, New Jersey—In the closing quarters of 2025, Lord Abbett High Yield Fund navigated a challenging investment landscape, marked by evolving interest rates and shifting economic indicators. Analysts noted that despite initial obstacles, investors were encouraged by the fund’s strategic allocation and management decisions, which positioned it favorably amidst market uncertainty. The fund’s performance during the fourth quarter reflected a cautious but calculated approach to high-yield debt. With inflationary pressures beginning to stabilize, the fund’s managers focused on identifying opportunities in sectors that showed ... Read more