Inauguration 2025 Livestream: Trump 2.0 Begins
The Ceremony and Swearing-In
Time and Venue: President-elect Donald Trump and Vice President-elect JD Vance will take the oath of office at 11:40 AM ET inside the US Capitol Rotunda.
Reason for Indoor Venue: Officially due to dangerously cold temperatures; unofficial speculation includes potential security concerns like drone threats.
Oaths of Office:
Trump will be sworn in by Chief Justice John Roberts using two Bibles: the Lincoln Bible and one gifted to him by his mother in 1955.
Vice President-elect JD Vance will take his oath from Supreme Court Justice Brett Kavanaugh.
Transition of Power:
The Biden-Harris administration officially ends at noon, as dictated by the 20th Amendment to the Constitution.
This marks the peaceful transfer of power to the Trump-Vance administration under the "America First" agenda.
Inaugural Address
Following his swearing-in, Trump will deliver an address outlining his vision for "America First" policies during his second term.
Focus Areas: Expected themes include energy independence, reshoring manufacturing, and revitalizing domestic growth.
Planning and Logistics
Organized by Sen. Amy Klobuchar: The Democrat from Minnesota oversaw the planning of eight key events for the day:
Procession to the Capitol.
Vice President's swearing-in ceremony.
President's swearing-in ceremony.
Inaugural address.
Departure ceremony for outgoing officials.
Signing ceremony for executive actions and nominations.
Inaugural luncheon.
"Pass in Review" and the Presidential Parade (held at Capital One Arena due to cold weather).
Policy Rollout Begins Immediately
Executive Orders: The Trump administration is poised to issue close to 100 executive orders shortly after taking office.
Stephen Miller, incoming deputy chief of staff for policy, has reportedly reviewed these orders with senior Republican lawmakers.
Key Focus: Declaring a national energy emergency is expected to be among the first orders.
Legal Challenges Expected: Anticipate immediate lawsuits from Washington, D.C., firms aimed at delaying the administration’s "America First" agenda.
The Economic Backdrop
Current State: The U.S. economy enters 2025 with "healthy growth and gradual disinflation," per Jan Hatzius, Chief Economist at Goldman Sachs.
Forecast: Real GDP growth is estimated at 2.6% for Q4 2024, with similar growth expected in 2025.
Hatzius highlights strong real disposable income growth and business investment as key drivers.
Caveat: The "sweet spot" of economic growth is heavily debt-fueled, with U.S. debt rising at a rate of $1 trillion every 100 days—an unsustainable trajectory often overlooked in such optimistic forecasts.
Outlook
The Trump-Vance administration faces both immediate challenges and opportunities as they begin implementing their agenda.
Markets, allies, and critics alike will watch closely as the new administration rolls out its first 100 days of action.
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