Trump makes one-minute appearance to take credit for stock market rebound caused by Biden’s transition



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Donald Trump made an unscheduled one-minute press appearance on Tuesday ahead of his turkey forgiveness event to apparently take credit for the stock market surpassing 30,000 earlier today.

The president largely stayed away from the public after the 2020 election after Joe Biden won 306 electoral college votes against 232 votes from Mr. Trump, making the Republican a one-term president.

With only a few minutes of warning to the White House press corps, Mr. Trump appeared in the press conference room with Vice President Mike Pence to celebrate the stock rally.

“I just want to congratulate everyone,” Mr. Trump said, entering the room moments after the meeting was announced.

“The Dow Jones Industrial Average on the stock market just hit 30,000, which is the highest in history. We never broke the 30,000, and despite everything that happened with the pandemic, ”he said.

“Never been broken, that number. It’s a sacred number, 30,000,” he added.

Mr. Trump then ended the briefing by thanking members of his administration for their work in reviving the economy.

“I just want to congratulate all of the people in the administration who work so hard, and most of all I want to congratulate the people of our country,” Mr. Trump said. The briefing, lasting exactly 62 seconds, then involved the president thanking reporters for coming together so quickly before leaving.

“Mr. President, will you concede?” Was one of the questions reporters asked him as he left the room, which he ignored.

The stock market surged this week amid positive news about the coronavirus vaccine and the General Services Administration (GSA) announcement that President-elect Biden could begin the process of transitioning to his administration. It also comes after Mr Trump warned during the election campaign that the stock market would collapse if Mr Biden was elected, which he was not.

Mr. Trump has made few public appearances since the loss of the election, and instead made his voice heard on Twitter by promoting unproven claims that massive voter fraud took place across the country.

Although it becomes increasingly clear each day that Mr. Biden will be inaugurated on January 20 as the 46th President of the United States, the current president has decided not to concede the race.

On Monday, following news from GSA chief Emily Murphy that the Biden administration could begin its transition process, Mr. Trump made a slight concession to his competitor in a tweet.

“In the best interest of our country, I recommend that Emily and her team do what needs to be done regarding the initial protocols, and told my team to do the same,” Mr. Trump wrote, while adding that he believed his administration. “Would win” again by overturning the election results.

Mr. Trump made a second public appearance on Tuesday to implement the annual White House tradition of forgiving a turkey before Thanksgiving.

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