Donald Trump has been sworn in as the 45th US president on Friday in a ceremony in Washington DC where he told the crowds in capital “the time of empty talking is over”. In a typically strident address, he declared: “America will start winning again like never before.”
- Trump delivers a short inaugural address promising to bring back jobs and “our borders”
- The Obamas left Washington for a break in Palm Springs, California
- An annotated version of Trump’s speech can be found here
By Mark Odell and Emiliya Mychasuk
Hello and welcome to our coverage of the inauguration of Donald Trump as the 45th president of the United States. Overnight, Mr Trump slightly modified his election slogan and promised to make America “greater than ever before” in a speech to supporters last night but his triumphant mood does not conceal the fact that Mr Trump enters the Oval Office as the most unpopular president in modern history.
Read more here about how a divided nation is preparing itself. Hotel booking data suggests, the billionaire hotel owner, will not beat the records set during first inauguration if his predecessor Barack Obama.”
Pomp and ceremony
Much of Friday is of course taken up by pomp and ceremony. The key event most people will be watching for across the US and around the world is his inaugural speech in which he is expected to lay out his policy priorities and have a chance to again reassure Americans that he will be a unifying president.
Last night in an address to supporters, an ebullient Mr Trump observed:
“There’s never been a movement like this. And it’s something very, very special. And we’re going to unify our country.
His inauguration speech is expected to start around midday EST, in just under five hours time.
Our team in Washington has put together a list of seven Trump policies that could change the US and possibly the world. Click here for the article.
Timetable of events
The day starts before that of course and here are the key events in the rest of the schedule:
9:40am EST – Barack and Michelle Obama welcome the president-elect and Melania Trump to the White House
Just under an hour later at about 10:30, the two couples will depart the White House together en route to the US Capitol.
11:15am EST – the swearing-in ceremony starts, Mike Pence, the vice-president-elect is sworn in first followed by Trump, who is due to take his oath of office at about midday EST. This will be followed by the inaugural address.
Read the timetable of key events put together by the FT’s Barney Jopson here.
The movers have been busy at the White House
The change over at the White House is already underway – this was the scene last night with Obama era photographs already taken down.
Jason Furman, the outgoing chairman of the Council of Economic Advisers, marked his departure by tweeting a photo of himself turning out the lights in the office.
Here are a couple more shots from the move:
Feelings running high
The US is waking up to a mixed mood on Friday morning, after anti-Trump protesters as well as those planning to attend the inauguration poured into Washington DC on Thursday with the authorities braced for protests.
On Twitter opinion is sharply divided between messages expressing sadness at Barack Obama’s impending departure and defiant tweets from Trump supporters.
The Washington Post reports that police used chemical spray against a crowd of demonstrators gathered outside the venue of a celebratory ball.
The New York Times, meanwhile, interviews five Trump supporters attending the inauguration.
The dollar index, which measures the greenback against a basket of its peers, is down 0.1 per cent at 102.06. Meanwhile US markets are poised to open higher, with S&P futures suggesting Wall Street’s benchmark index will rise 6 points to 2,271.
Among many of the unofficial events, one of the focus of the protesters are so-called “Deplor-a-Balls” which are being held across the US over the coming days. Last night protesters gathered outside Aoutside the National Press Building in Washington where one such event was being held
While Donald Trump and the First Lady-in-waiting, Melania, where attending various official functions
We have pulled together more images from last night in Washington here
So the president-elect is getting ready and as has become customary taken to Twitter in the early morning.
(For those who can’t access Twitter, it says: It all begins today! I will see you at 11:00 A.M. for the swearing-in. THE MOVEMENT CONTINUES – THE WORK BEGINS!)
But it remains unclear whether the new president will keep his own Twitter account after he takes office or whether he takes over the official @Potus account. His daughter Ivanka Trump appeared to suggest on Twitter a couple of days ago that the @realDonaldTrump was going to be shelved:
(For those who can’t access Twitter, it says: The whole office is incredibly excited about the upcoming inauguration and 45th Presidency but will miss @realdonaldtrump come Friday! #MAGA)
The president-elect may well have noticed that he has more followers – 20.5m – than Obama on his @Potus account, which has a mere 13.7m
The FT’s Barney Jopson, in Washington, has just sent this despatch:
This is where Trump, we presume, tweeted from: Blair House, where he stayed last night. It’s a presidential guest house just a few steps from the White House. A pool reporter who sent the photo says the streets are flooded with black SUVs and Secret Service agents on foot.
Pretty quiet on the streets of Washington
Barney Jopson reports it was fairly peaceful on his way in to the FT Washington bureau this morning:
The FT’s Washington bureau is on the edge of the security perimeter set up for today’s events. It’s hard to see the boundary, but below is the view from just outside, looking south across McPherson Square with the White House a couple of blocks away.
Traffic is notably light this morning, with many junctions punctuated by parked police cars with their lights flashing. But on my bike ride into work I still saw more people who looked like Washingtonians going about their business than out-of-towners here for the inauguration.
Here is some colour on Trumps inaugural speech from Mike Allen, the founder of the politics news website Politico, who now runs Axios, a rival operation. In his early morning email he writes:
A hot parlor game in D.C. is speculating whether or not President Trump goes off-script in his inaugural address. In the speech, we’ll see the tension between Trump’s impulsive, improvisational style and the intellectual architecture his top aides are trying to build around it.
We’re told the speech will be on the short side: More JFK length (1,366 words) than Clinton (2,155 at his second inaugural).
A top Trump source tells Axios’ Jonathan Swan three big ideas behind the words:
“The speech is an attempt to address the deep structural problems facing American society. … We’re talking here about decades-long problems.”
The speech is “not ideological”: “It’s a rejection of ideological thinking. Ideological thinking is always looking at the world through a strictly dogmatic prism. It’s having a set of beliefs that are uncompromising.”
The speech will convey “that a nation and its people and its affairs are like a family and you need to take care of them.”
The DC weather forecast is for a damp and cool inauguration day. Here is how the FT’s Washington Bureau chief, Demetri Sevastopulo, sees it affecting the parade:
Here is the weather forecast for today. It’s warmer than the frigid temperatures witnessed on Barack Obama’s inauguration in 2009. At a dinner on Thursday night, Trump joked that he did not care if it poured rain, because it would finally prove to the world that his hair was, in fact, genuine.
The motoring nation
The FT’s Barney Jopson has spotted some Trump supporters who have driven some way to get to Washington:
Inauguration is a reminder of America’s status as a great motoring nation and the tremendous distances people are ready to travel by car. Out on the streets last night I met a father and son who’d said they’d taken a short road trip up from Atlanta – 10 hours away.
Then this morning a car cruised past me with a license plate from Kansas – at least 16 hours away. It was also a reminder that the emotions of the election have not gone away. The car was still plastered with stickers such as “Hillary for Prison” and “Life’s a bitch”, together with a crude reference to Clinton “outsourcing jobs” and Monica Lewinsky.
Trump’s first public move of the day will be from Blair House to St John’s Episcopal Church, which faces the White House, for a private prayer service (a tradition that dates back to the 1930s), says the FT’s Barney Jopson.
We expect to see him within about 10 minutes. A reminder that you can see our rundown of the rest of the day’s schedule here.
The president-elect stayed at Blair House with his wife Melania and his children and grandchildren. He has already had a couple of morning visitors there: Reince Priebus, the incoming White House chief of staff, and Kellyanne Conway, a counsellor to Mr Trump and one of the most visible faces of his campaign.
Democrats are issuing their own call to action ahead of Donald Trump’s inauguration, the FT’s Shawn Donnan in Washington tells us.
Senator Cory Booker, a rising star in the party who is often mentioned as a potential presidential candidate, posted an emotional statement on his Facebook page this morning.
“This is not a time to curl up, give up or shut up. It is time to get up; to stand up, to speak words that heal, hlep, and recommit to the cause of our country.
Later today the Mormon Tabernacle Choir will sing at their seventh presidential inauguration. But the appearance will not be controversy-free.
In late December Jan Chamberlin, a member of the 360-member chorus, resigned in protest against Donald Trump.
The musical lineup for Mr Trump’s pre-inaguration concert on Thursday night had also provoked debate, with many stars declining to perform. The lineup eventually included acts such as rock band 3 Doors Down and duo The Piano Guys.
Ron Jarrett, president of the Mormon Tabernacle Choir, said of their forthcoming appearance: “The Mormon Tabernacle Choir has a long tradition of performing at inaugurals of U. S. presidents of both parties. Singing the music of America is one of the things that we do best. We are honored to be able to serve our country by providing music for the inauguration of our next president.”
Warren Buffett may have backed Hillary Clinton during the presidential elections but the investor is upbeat about the Trump administration, according to CNBC.
“America works,” the chairman and CEO of Berkshire Hathaway said. “I’ve said this before. It’ll work wonderfully under Hillary Clinton, and I think it’ll work fine under Donald Trump.”
At a red carpet event Thursday night in New York for a new HBO documentary about his life, Buffett told CNBC the United States has the “secret sauce”.
“It doesn’t work all the time perfectly,” the billionaire investor and philanthropist said, “but you just look at where we go, milestone after milestone. Never bet against America.”
Our weather man and FT Washington Bureau Chief, Demetri Sevastopulo, tells us it has started raining just before the Trumps depart Blair House.
The FT’s Barney Jopson adds:
Trump and his wife Melania emerged from Blair House at 8.33am, followed by his children and grandchildren. The soon-to-be first couple got into a waiting black SUV for what will be a drive of just one block to St John’s church.
Already at the church: vice president elect Mike Pence, and cabinet nominees James Mattis (defence), Ben Carson (housing), Steve Mnuchin (Treasury), Tom Price (health), Betsy DeVos (education), Ryan Zinke (interior), Nikki Haley (UN ambassador).
Donald Trump has not yet been sworn in but wrangles among aides for prime territory in the West Wing of the White House has been well under way, according to Politico.
In the two months since Donald Trump won the most coveted office in the United States, his aides have quietly jostled for the next most valuable workspace—the short corridor just down the hall from the Oval Office.
Reince Priebus will occupy the corner suite at the hallway’s end that is traditionally reserved for the chief of staff. In between, Steve Bannon, Trump’s chief strategist, will work in one of the handful of coveted corridor offices, as will Jared Kushner, Trump’s son-in-law and his most trusted confidante, according to three officials familiar with the office assignments.
Around the corner is the space where soon-to-be Vice President Mike Pence, the designated point man for Trump’s legislative agenda, will sit when he’s in the West Wing. Upstairs will be Kellyanne Conway, Trump’s old campaign manager and incoming counselor, in a suite occupied by Karl Rove under President George W. Bush and then Valerie Jarrett under President Barack Obama.
As the Trumps attend church – the service is expected to last an hour or so – here’s a reminder of a some of the pieces the FT writers have put back together over the last few days.
John Authers has this insight on how the markets performed under Obama and the tough act Trump has to follow: stocks are far more highly valued now than when Obama took office.
It begins. A small number of anti-Trump demonstrators are attempting to prevent supporters from getting through security checkpoints on their way to the inauguration, the Washington Post reports:
A group of about 100 protesters blocked a security checkpoint entrance at 19th and E streets in downtown Friday morning.
Some women tied themselves together with purple yarn and sat on the ground, blocking access to those trying to get through the security line.
Those who made it past the protesters appeared unfazed. Some demonstrators covered their faces with bandannas and told those going through, “you don’t want to go in there.”
But within a few minutes, tensions started to rise at another nearby checkpoint with protesters nearby at 10th and E streets. Self-described feminists and anarchists linked arm and sat on the ground to keep parade goers from breaking through to the security lines.
Barack Obama has one last word for Americans, reports the FT’s US news editor, Andrew Edgecliffe-Johnson.
Published on Medium, an outlet the 44th President has often used to get his message directly to his online audience, it invites them to sign up at an Obama Foundation website to keep in touch with his post-presidential work. Obama.org is live.
The short thank you note echoes the theme of his valedictory address last week, that all Americans should get more involved in “ the joyous work of citizenship.”
On a rough day for Obama supporters he ends with this message:
“And when the arc of progress seems slow, remember: America is not the project of any one person. The single most powerful word in our democracy is the word ‘We.’ ‘We the People.’ ‘We shall overcome.’ Yes, we can.”
All around the world, people will be watching the inauguration. In China, not so much.
The FT’s Tom Hancock reports that Beijing censors have ordered media outlets to tone down their reporting of the big day as the Communist party weighs its response to a new administration that threatens to tear up the rule book of US-China relations.
Propaganda officials have ordered the press only to use reports on the ceremony written by central state media, according to several Chinese journalists. “It is forbidden for websites to carry out live streaming or picture reports of the inauguration,” a copy of censorship instructions seen by the Financial Times said.
Internet media outlets should not give the event top billing on their homepages, the instructions add, reminding them to “take care of news comments . . . and negative and harmful speech”. Similar orders are common ahead of big world news events but analysts said in this case they reflected uncertainty in Beijing over how to handle public perceptions of Mr Trump.
Trump is about to assume the most powerful office in the world. But it bears repeating that he won’t call all the shots. He’ll need to work with Congress to achieve many of his goals and there is already friction between the president-elect and some Republican lawmakers on two top priorities – healthcare and tax reform – as we reported earlier this week.
Trump fleshed out the story yesterday in an impromptu and remarkably candid aside, telling an audience on Capitol Hill that House speaker Paul Ryan had called him to ask him to stop talking about tax policy publicly because it was messing up the party’s political messaging.
The FT’s Courtney Weaver reports from the streets of Washington:
There is a strong whiff of marijuana in the air at DuPont Circle where more than 100 protesters have already gathered to take part in a “4-20 Trump”. Around are lots of “Not My President” and “Resist” signs as well as a few Hillary Clinton buttons. Here’s what the scene looks like:
The press may be quiet in China. Not so in Europe, where there is blanket coverage from the likes of Le Monde.
Image from Le Figaro
Meanwhile, former French president Nicolas Sarkozy wished Barack Obama well for the future. “New life, new challenges! You’re going to love it! I wish you the best,” he tweeted. Nothing from current French president François Hollande.
While we are waiting for the church service to end and the Trump’s to re-emerge, why not take a look at this video:
Kellyanne Conway, Donald Trump’s campaign manager, has been talking on Fox & Friends about what president-elect will deliver in the speech. She appeared to confirm that it will about 20 minutes long. Other points:
“It’s not an agenda speech or state of the union speech. It’s very bold, action-oriented.”
In one week’s time you will definitely know this is President Trump’s government..”
Ms Conway declined to confirm or deny whether Mr Trump has had to give up his phone because of “security reasons”. But she said he would continue to tweet.
He should tweet. Because it is a social media platform that allows him to connect directly to people.”
A bit more background reading for you, while we wait for things to start moving. Why not try Demetri Sevastopulo’s FT Magazine piece from October on why Trump won
Looks like Trump supporters are bracing for a wet day ahead – the current scene from Washington:
Barack Obama has been saying farewell to reporters on the way out of the Oval Office.
From the Barney Jopson, FT correspondent in Washington:
We just saw President Barack Obama in the Oval Office (thanks to the zoom on a faraway TV camera) placing what could well be a letter to his successor on the president’s desk.
He then walked outside and answered a couple of shouted questions from reporters.
Are you feeling nostalgic?
Any final words for the American people?
As Trump prepares to enter the Oval Office, many experts in Washington worry that his administration will be chaotic in the early days because of a lack of personnel, reports Demetri Sevastopulo in Washington.
At present, it appears that only two cabinet secretaries – retired general James Mattis at the Pentagon and retired general John Kelly at homeland security – will be confirmed today.
While he quickly named a cabinet, some nominees are facing tough questions on Capitol Hill where their confirmations are being delayed. Some key members of the incoming team also do not have security clearances yet, which which impact their ability to work on classified national security issues.
Read more here
A bold, patriotic fashion statement by Kellyanne Conway, Trump’s campaign manager, for inauguration day.
And here is a shot of the Obamas welcoming the Trumps to the White House
A few minutes earlier vice president Joe Biden and his wife Jill Biden have received Mike Pence and his wife Karen at the White House.
Here is another photo of the Obamas welcoming the Trumps to the White House
As the FT’s Barney Jopson reports, it is a remarkable moment. Obama and the first lady have just received Trump and his wife Melania on the steps of the White House.
Obama spoke in a louder voice than everyone else, so we heard him tell Trump: “How are you? Good to see you.” Then to Melania: “So nice to see you. How are you? … I’m doing very well.”
Melania arrived with a gift for Michelle Obama in a large flat box in the colour of Tiffany the jeweller. That caused a bit of awkwardness as they realized they did not want it in the official photo, so Obama disappeared inside briefly to hand the box over to someone else.
The foursome are now inside having coffee and tea.
There are various protests going around the capitol, both pro- and anti-Trump. The FT’s David Lynch captured these Trump supporters a bit earlier and reports there was a man nearby with a bullhorn hollering “what about Islam?” and complaining about “Barack Insane Obama”
The Trump children are arriving at the Capitol building, reports Barney Jopson, where their father will take the oath of office on a giant stand outside at about midday. There’s Ivanka and her husband Jared Kushner, a close Trump adviser, as well as Eric Trump, Donald Trump Jr, Tiffany Trump and their families. No sign today of the president-elect’s youngest son 10-year old Barron.
Bernie Sanders has attempted to console his party faithful this morning, taking the to Twitter with a video message urging them to “not to give up” and “not to throw up our hands in despair”. The link is here
Back in Trump’s home city of New York, the FT’s Kara Scannell reports:
Metal barricades lining Fifth Avenue along the blocks north and south of
Trump Tower were largely for show at 9am. There were no crowds outside president-elect Donald Trump’s New York home, which had been the vibrant scene of many of his pre-inauguration meetings. Nor were there any early protesters.
Across the street camera men mingled with each other, setting up shots for television broadcasts. Uniformed police officers were stationed at crosswalks assisting with traffic.
Sheldon Adelson and his wife Miriam have been given dais seating, according to New York contributor Yasher Ali. “Extraordinarily rare for donors. Usually for members of congress, family.”
The FT’s Shawn Donnan has just spotted the group that call themselves the Bikers for Trump, he reports:
One of the concerns today, given the charged emotions, is that there may be clashes between the thousands of protesters and Trump supporters.
A group called Bikers for Trump has vowed to stand in the way of any protesters trying to disrupt the festivities.
But they seem to be exercising some restraint so far. A convoy of bikers passing one group of protesters this morning did little more than rev their engines, even as one protester in a Trump mask taunted them.
Still seems plenty of room for any Trump supporter wanting to watch the ceremony in Washington’s National Mall:
Patti Waldmeir, the FT’s North America correspondent, is in Racine, Wisconsin – a district that only voted by the narrowest margin for Trump but was key to his surprise national victory. People like Cindy Berry, a medical technician, put him in the White House. Now she wants people to “give him a chance”
Paul Ryan @SpeakerRyan has tweeted a photo of what it looks like from the stage of the ceremony.
And the view from the other side of the lens: the FT’s David Lynch says there was still a lot of room in the standing area half way down the Mall a little earlier.
And here’s an aerial shot, courtesy of the BBC, of the Mall about 30 minutes before the ceremony is due to start
Chants of “USA! USA!” as the Trump children are introduced, the FT’s Shawn Donnan reports.
Barney Jopson reports on the moment that the Clintons took to the podium:
As Trump and Obama head down Pennsylvania Avenue toward the Capitol in their motorcade, Hillary and Bill Clinton emerged to applause onto the platform where Trump will take the oath of office and deliver his inaugural address.
At the same time whoever is operating Hillary Clinton’s account tweeted: “I’m here today to honor our democracy & its enduring values. I will never stop believing in our country & its future.”
The Clintons were followed onto the stage by George W Bush and his wife Laura
One reporter tried his luck with the soon to be former president and his successor, reports Barney Jopson:
Policy debate is pretty much on hold for inauguration day, but as Trump and Obama walked side by side through the Capitol building one reporter shouted out to Trump: “Are you guys going to reverse the immigration order in the next few days?”
That’s a reference to executive action Obama took in 2014 to shield millions of unauthorised immigrants from deportation. Trump, who took a hardline stance against illegal immigration, could reverse it with the stroke of a pen.
The outgoing and incoming presidents ignored the question. Paul Ryan, the House speaker who was behind them, appeared to chuckle at the reporter’s futile attempt.
One of the most important players in the new administration who will be moving into the West Wing over the weekend, Trump son-in-law Jared Kushner, here shown with his sister-in-law Vanessa Trump, the wife of Donald Jr and former model who is now a mother of five, waiting for the speeches to start at the inauguration ceremony
Some footage of earlier anti-Trump protesters in Washington in the lead up to the ceremony
Barack Obama and his vice-president Joe Biden have arrived on the podium at the Capitol. Barney Jopson reports that Obama shook hands with some of the Trump children.
The fashion press is largely admiring of Melania Trump channelling Jackie Kennedy in her choice of the powder blue skirt suit and matching suede gloves.
It has been noted that her step-daughter Ivanka Trump – like Hillary Clinton – is also wearing a white pantsuit by Oscar de la Renta to the swearing-in.
Hillary’s choice of designer – Ralph Lauren – matches that of Melania Trump.
Michelle Obama, looking far more sombre in deep maroon with her hair drawn back compared with her usual jaunty style, dressed in Jason Wu.
Kellyanne Conway’s colourful red, white and blue Gucci military-style wool coat, with two rows of cat-head buttons, and a matching red cloche hat, has a price tag of $3600. She described her look as “Trump revolutionary wear.”
And to applause and cheering from the crowd, Donald Trump takes to the podium, shaking hands as he goes
The opening remarks are being made by the chair of the inauguration committee, Republican Senator Roy Blunt, in which he runs though the highlights of previous presidential inaugurations. He reminds everyone that this event is a “celebration of democracy”
While the prayers are going on, the FT’s Courtney Weaver reports there was a smattering of booing of some of the big name Democrats as they took to the podium:
Every time Hillary comes on the big screen the crowd on the National Mall boos and shouts “Lock Her Up”
Bernie was booed and Obama’s arrival was greeted with a smattering of boos.
It should be noted that George W Bush was also booed at Obama’s 2009 inauguration.
The Missouri State University Chorale, or choir in British English, has just finished and we have another aerial shot of the crowds in the secure area
There is always a dispute about which president attracted the biggest crowd but there is little doubt that Obama in 2009 drew the largest seen. Barney Jopson reports that Washington metro/underground operator (WMATA) has just tweeted passenger stats that show there have been fewer people moving around today than at the previous three inaugurations.
Metro Ridership: As of 11am, 193,000 trips taken so far today. At 11am on 20 January 2013 it was 317,000.
By 11am on 20 January 2009 it was 513,000. By 11am on 20 January 2005 it was 197,000.
Just head Trump being sworn in we have a crowd comparison from the FT’s Lauren Leatherby
For those of you who don’t have access to Twitter, here is a screenshot
Donald J Trump takes the oath of office to become the 45th president of the United States, using his own bible and one from Lincoln.
Mr Trump was sworn in following a rendition of “America the Beautiful” by the Mormon Tabernacle Choir, one of the few musical groups that agreed to perform at his inauguration.
Cheers from the faithful for the key opening theme of the speech:
“Transferring power from Washington DC and giving it back to you – the people”
“This moment – it belongs to you”
“What truly matters is not what party control our government but whether our government is controlled by the people. January 20, 2017 is the day that people became the rulers of the country again”
“The forgotten people of America…We are one nation and their pain is our pain, their dreams are their dreams and their success will be our success.”
The FT’s John Authers notes that this is not a conciliatory address so far. And the stock market has delivered its early verdict – share prices are sliding.
“We will bring back our jobs, we will bring back our borders, we will bring back our wealth and we will bring back our dreams”
“America will start winning again like never before”
Trump promises to offer “friendship” with the rest of the world but on the understanding that “we will put our interests first.”
He will “eradicate radical Islamic terrorism from the face of the earth.”
“We will no long accept politician who are all talk no action constantly complaining but never doing anything about it”
“Now arrives the hour of action”
“The time of empty talking is over”
“Do not allow anyone to tell you it can not be done. we will not fail.”
“Our country will thrive and prospect again.”
“A new national pride will stir our souls, lift our sights and heal our divisions.
“Whether we are black or brown or white we all bleed the same red blood of patriots.
“We all enjoy the same glorious freedoms and salute the same great American flag.”
In very short, very nationalistic speech he finishes off with his election slogan:
“We will make America great again.”
President Donald Trump pumps his first at the end of his inauguration speech.
Overall market reaction to Mr Trump’s speech has been relatively muted after earlier falls. Here is Dave Shellock of the FT’s market team on the current state of play:
US stocks remained in sight of record highs and Treasury bonds were lower as Mr Trump delivered his inauguration speech.
On Wall Street, the S&P 500 was up 0.3 per cent at 2,269, less than 7 points short of the record close secured on January 6, while the Dow Jones Industrial Average was up 50 points at 19,780 still some way short of the much-vaunted 20,000 level.
The yield on the 10-year US Treasury, which moves inversely to its price, was up 3 basis points at a three-week high of 2.49 per cent.
But the dollar trading was more hesitant as it slipped 0.1 per cent against a weighted basket of currencies. The US unit was up 0.1 per cent against the yen at Y114.70 but the euro was up 0.2 per cent at $1.0685.
The ceremony is now over and a little earlier David Duke, the former leader of the Ku Klux Klan, has tweeted his congratulations.
For those that can’t access Twitter it reads: We did it! Congratulation Donald J. Trump President of the United States of America!
The FT’s chief US commentator Edward Luce notes that President Trump used apocalyptic vocabulary of Islamists while vowing to eradicate them. “Protected by God”, “We all bleed the same blood of patriots”, in what he judges as the most xenophobic inaugural address in US history.
The Mexican’s feel the same: the Peso has taken another lurch.
The former Prime Minister of Sweden Carl Bildt says in a tweet that it is “probably first time a new US President doesn’t use the term “the free world”. Instead unite “the civilized world”. Clearly a difference.”
In case you missed it here is a clip of Donald Trump taking the oath to become the 45th president of the US
As the Obama’s prepare for take off, Trump rival Marco Rubio has tweeted: Great crowd on a great day for our country., with a photo from his vantage point:
Donald and Melania Trump have just said goodbye to Barack and Michelle Obama, who are in a US Marine helicopter about to leave Capitol Hill, with the new president and the vice president in the background on the steps. Mr Trump kissed Mrs Obama on the cheek and spoke in her ear before the boarding.
And while his former boss got a helicopter, it would seem that Joe Biden, Obama’s vice-president, is taking the train out of Washington
Trump neighbourhood luxury jeweller Tiffany enjoyed a small share price rise on inauguration day, after a large flat box in trademark robin’s egg blue was grasped by Melania Trump as she arrived at the White House to greet the Obamas – before it was swiftly pulled out of camera view.
If it was indeed a Tiffany gift, the newly inaugurated President Trump might owe the company a visit to its New York Fifth Avenue store located on the same block as Trump Tower.
The FT’s Lindsay Whipp reports that Tiffany’s flagship store has suffered from the chaos that has ensued in the area since Mr Trump won the election as heavy security impeded shoppers’ access just ahead of the critical holiday shopping season.
As a result, earlier this week the luxury jeweller said that sales at the store – which accounts for nearly a tenth of its annual revenue – sank 14 per cent during November and December, due to “post-election traffic disruptions”.
At Trump Hotel in downtown Chicago, a Democratic stronghold, there were
not yet protests. But inside, the bar was abuzz with Trump
supporters, some donning Trump t-shirts, people high-fiving strangers
and enjoying an early Bloody Mary or two. Others were about to crack
open the champagne, FT correspondent Lindsay Whipp reports.
As President Barack Obama climbed the steps of the helicopter people in the crowd clapped and a few yelled “Bye! Bye!”
Kimberley Falls Lentz, attorney at law in Tennessee, and in Chicago ahead of a holiday said: “We do not have a politician as president now. for first time we have an advocate for the American people.
“I think he’ll be a fabulous president – financially. he will put America first in all situations, in particular NATO, supporting our own military first.
“He’ll hold every corporation accountable, and put the country first .By using Twitter we’ll get an honest perspective on what he says, and in terms of accountability, he regularly goes in from of press.”
The Pope is one of the first world’s leaders to congratulate the new president although he appears to have peppered his statement with a few subliminal messages, the FT’s James Politi reports.
Pope Francis has sent a message of congratulations to Donald Trump. While the leader of the Catholic Church offered him “cordial good wishes and the assurance of my prayers”, he also appeared to draw some very clear lines on how the US president would be judged.
The Argentine pontiff stressed that “far-sighted and united political responses” would be required to tackle the “grave humanitarian crises” afflicting the world, which could be seen as an implicit reference to migration, where the Pope has challenged Mr Trump’s tough stance.
He also seemed to urge Mr Trump to respect his promises to help the most struggling Americans.” Under your leadership, may America’s stature continue to be measured above all by its concern for the poor, the outcast and those in need who,like Lazarus, stand before our door,” he said.
For those wanting to go back over the detail of Donald Trump’s speech – which lasted just 17 minutes – we have Shawn Donnan and Barney Jopson, two of our Washington correspondents, busily annotating it.
You can see that version here
Barack Obama has arrived at Joint Base Andrews, the military base just outside Washington, with Michelle where he will transfer to an aircraft to take him to Palm Springs in California for a short holiday. He is now saying goodbye to his staff and cracking a few jokes. He started with a quip that he was “milking this farewell too much”.
Meanwhile back in Washington, Donald Trump is surrounded by his family and Republican lawmakers signing his first orders after becoming president.
It appears the White House website has had quite an overhaul following the transition of power. An excerpt from the bio on the site for Mr Trump:
Donald J. Trump is the very definition of the American success story. Throughout his life he has continually set the standards of business and entrepreneurial excellence, especially with his interests in real estate, sports, and entertainment. Likewise, his entry into politics and public service resulted in the Presidential victory in, miraculously, his first ever run for office.
Sean Spicer, Mr Trump’s press secretary, is up and running on Twitter under an official handle @pressec.
He clarifies that the new President signed bills for three things: a waiver allowing James Mattis to serve as defence secretary (a current law requires military officers to wait seven years before serving in the post) , formal nominations to senate and a proclamation for a national day of patriotism.
We have another video offering in from Patti Waldmeir, our North America correspondent, who is in Wisconsin, a key swing state for Donald Trump, that elected George W Bush and Barack Obama twice.
She has been talking to Erin Decker, a Wisconsin small business owner – another key voting group that helped Trump win, who tells her that Trump’s inaugural speech inspired her.
An update on the protests in Washington from the police. Reuters reports:
Washington police made “numerous” arrests on Friday after violent protests during Donald Trump’s inauguration, with individuals being charged with rioting, the city’s police department said.
“Pepper spray and other control devices were used to control the criminal actors and protect persons and property,” the department said in a statement. The statement added that two police officers had sustained minor injuries from “coordinated attacks” and that police vehicles were damaged.
We have a congratulatory Tweet from Boris Johnson, the British foreign secretary, who expresses hope that the “special relationship” between the UK and the US will continue
For those that can’t access Twitter, it says: Congratulations to @realDonaldTrump @POTUS on his presidential inauguration day. Look forward to continuing strong UK – US bond
Donald Trump is attending a luncheon as president – here is the place setting that was laid out for him
Justin Trudeau, the Canadian prime minister, took to Twitter a bit earlier to offer his congratulations to the new president
And here is the full statement.
Here’s an excerpt:
Canada and the United States have built one of the closest relationships between any two countries in the world. This enduring partnership is essential to our shared prosperity and security.
Together, we benefit from robust trade and investment ties, and integrated economies, that support millions of Canadian and American jobs. We both want to build economies where the middle class, and those working hard to join it, have a fair shot at success.
Canada and the United States have unparalleled cooperation on matters of national security, and have always worked side by side to protect our citizens and ensure our shared border is secure.
CNN is reporting that there have been 90 arrests so far and switched to a shot of riot police on parts of the parade route though the network’s commentators are keen to stress that most people in DC are there to celebrate and are talking about “pockets of protest”.
In contrast to the flash-bang rounds rattling the streets of DC, in Moscow there is a Trump inauguration party, reports the FT’s Max Seddon, “because of course there is.”
Our man on the spot of the protests in DC, Barney Jopson reports that while police are still letting pedestrians roam, more flash bangs or tear gas is being fired sporadically.
Five big bangs in 10 seconds, and a surge of protesters westwards
A few people are dousing their eyes with water. Some protesters in masks leaving, while others in gas marks are returning to the fray.
Shawn Donnan, fellow DC correspondent, provides an image from the protests:
Donald Trump’s assertion that he would put America first in any relationship with its international allies will not come as a surprise but it has given many pause for thought.
PA reports that Theresa May, the UK prime minister, insisted President Trump was committed to strengthening the “special relationship” between Britain and the US.
Following his inaugural address, she said:
“I congratulate President Trump on taking office today. From our conversations to date, I know we are both committed to advancing the special relationship between our two countries and working together for the prosperity and security of people on both sides of the Atlantic.
“I look forward to discussing these issues and more when we meet in Washington.”
The FT’s Jude Webber in Mexico reports that Mexican President Enrique Peña Nieto has also congratulated President Trump via Twitter saying: “We will work to strengthen our relationship with shared responsibility”.
“We will establish a respectful dialogue with the government of @realDonaldTrump, for the benefit of Mexico. Sovereignty, national interest and the protection of Mexicans will guide our relationship with the new US government.”
Mexico is bracing for tough trade negotiations ahead – an issue the incoming US administration has made clear is a top priority.
Nevertheless. after an initial lurch downwards, the peso had its best day since November 16 on the lack of specifics in the inaugural address.
Further, the Mexican president said he is planning what the government is billing as a “big” foreign policy speech on Monday. No details were given, but he is expected to be joined by private sector and labour representatives to show a united front as Mexico kicks off its relationship with the new White House.
Mexico’s Cemex also enjoyed something of a windfall as its shares hit an 8.5-year high on the Trump Wall Trade, as Pan Yuk on FastFT reports.
One of the biggest ironies of Donald Trump’s America First policy is that if he was to press ahead with his campaign promise to build a wall along the US-Mexico border, the biggest corporate winner may well be a Mexican cement manufacturer.
The next part of inauguration day is the parade, which will see Donald Trump and Mike Pence lead a procession on the short trip from the Capitol down Pennsylvania Avenue to the White House. That event will be followed inaugural ball on Friday evening.
Latest reportage on those protests from the FT’s David Lynch, in the thick of the action on the corner of 13th and K Streets in DC:
Crowd at 12-13 &K been engaged in back and forth with riot police
Deploying multiple flash bang grenades and charging crowd
Small trash fire in street
Chants of “No Trump No KKK No Fascist USA”
Protestors’ signs range from “Putin — Trump’s Only Man-Date” to “4 Years To Fight”
David also notes that the standoff with shield-bearing riot police occurred outside Washington Post’s newish office and on K street, blocks from the influence-peddling industry that Trump has vowed to clean out.
The FT’s Shawn Donnan provides the images from the scene:
David Lynch reports that a young black man wearing T shirt promising “Free Hugs” cleared a path for cars to leave area warning drivers: “They will destroy your limo. You need to leave now”
The toasts are now finished at the inaugural lunch in the Capitol and it ended with Donald Trump urging everyone on to their feet to applaud Hillary and Bill Clinton, who were in attendance.
“I have a lot of respect for those two people,” the new president said, pointing in the direction of his defeated Democratic rival and her husband.
Below is a photo of Melania Trump, the first lady, shaking hands with Hillary Clinton before the lunch
The parade is underway now, with the secret service in heavy protective formation around the cavalcade
The Beast pauses along the parade route, stirring speculation that the President might get out to walk, as his predecessor President Obama did in 2009 – he and then First Lady Michelle walked against security advice for eight minutes in a cold wind before getting back into the vehicle.
The White House pool reports that the media dedicated to covering the President is riding on a flatbed truck ahead of the presidential parade, rolling at 3:45 pm – about an hour behind schedule- down Constitution Av toward Pennsylvania Avenue. Another four media trucks are travelling behind.
It is about 8 degrees C and cloudy with a break in the drizzle. Crowds lining both sides of the parade route, about four-five deep a side.
There are many more cars than usual for an inauguration parade because there are more family members than usual accompanying the Trumps, as the whole clan is going along for the ride – prompting comparisons with the Kennedys:
CNN is reporting that the reception for the Trumps along the parade route has been very warm, notwithstanding the skirmishes with the riot police elsewhere.
FT’s Demetri Sevastopulo captured some of the most colourful protesters earlier in the day:
The former Chief Official White House photographer for President Obama has posted this poignant image on Instagram:
Former director of crowd logistics at the 2012 inauguration, Dan Gross, now a New York City deputy communications director, has tweeted that the crowd count is in. (The numbers he has posted are immediately unverified but plausible based on the aerial images of the respective crowds.)
Trump 2017: 250,000
Obama 2013: 1,000,000
Obama 2009: 1,800,000
President Trump tells the waiting media that the day has been “unbelievable” as he and First Lady Melania are introduced as they arrive at the White House and make their way to the viewing standing for the parade finale.
While the Trumps and the likes of National Security Advisor nominee Michael Flynn attend the inaugural parade, word has come through that the Republican dominated Senate has confirmed the first member of the new cabinet:
James Mattis is officially the next Defence secretary.
Further breaking news on the new Trump cabinet as the second nominee is confirmed by the Senate, approving the appointment of John Kelly as head of Homeland Security.
Democratic senator Bernie Senators tweeted in response to the cabinet news:
In a cabinet loaded with extremists I hope Gens. Mattis and Kelly will moderate some of the racist and xenophobic views Trump has advocated.
Take a look at the proposed line-up of the new Trump administration in the FT’s handy guide for bookmarking here
Updated numbers have been released by the police about the number of arrests during the protests on inauguration day mounting to more than 200.
Sweeping change under a new Trump administration is already at pace, with the President heading to the Oval Office to sign his first executive orders after the inauguration parade concluded.
While Melania and Ivanka Trump were swapping their respective Ralph Lauren and Gucci daywear for ball gowns in preparation for the evening celebrations, Mr Trump was back in the White House signing orders.
Mr Trump’s first acts were to confirm the appointment of James Mattis as Defence secretary, and John Kelly as Homeland Security secretary. He also signed an executive order to “ease the burden of Obamacare.”
AP also reported the breaking news that the White House says Trump chief of staff Reince Priebus was to issue government-wide order immediately freezing regulations.
Equally important first moves in the White House: a Trump-style renovation of the Oval Office decor has swiftly taken place.
Donald Trump’s favourite colour – gold – has dominated the choice of accents, including the replacement of the curtains which were previously crimson. The carpet has also been changed, to a starburst design.
The Churchill bust has returned and, contrary to reports, the Martin Luther King bust remains on display. Some of the artwork has been swapped. But there are no family photos yet.
The mystery of which entertainers were prepared to perform at the Trump Inaugural Ball is resolved with a 30-strong gospel group taking the stage led by performers Chrisette Michele and Travis Greene.
They were followed by Oshkosh, Wisconsin-born jazz singer Erin Boheme and the Jim Gray Orchestra.
The Washington Post reported that on Thursday, Michele posted an open letter entitled “We can’t be present if we’re silent,” in which she quotes Martin Luther King Jr. as she justifies her involvement: “Our lives begin to end, the day we become silent about what matters,” she wrote King once said.
Next up: The Rockettes (or 18 of them) high-kicking their way in gold tassels across the stage in an Irving Berlin medley.
In a night of throw-back entertainment, the following act was Pelican 212, a Pensacola band featuring seven siblings reminiscent of the Jacksons, which also does their cover songs.
Countering the hoopla of the inauguration in Washington, the organisers of the protest movement, the Women’s March, claim 673 marches are taking place across the globe and an estimated total of 2.2m sister marches would span all seven continents, “inspired by” the Washington protest, the FT’s Joe Rennison reports.
Outside of the US, Canada and Mexico have the most marches planned on Saturday, with 29 and 20 demonstrations respectively. There will also be two in the Antarctic peninsula. according to the group’s website.
Organisers of the marches cite fears of an attack on civil liberties and human rights arising from the election of Mr Trump.
“I want to be part of the movement and be part of a collective voice. There is an energy about being around a group of women who feel the same way I do,” said Alexis, 39, who drove to Washington from New York.
“I would like to think there is a camaraderie that comes out of this and that there is power in numbers. Realistically do I think planned Parenthood will get refunded by the government? No. But when you are part of a loud enough group you hope that the government will think twice about stripping funding from initiatives that support women’s rights.”
At the Molly Pitcher service station in New Jersey, where she was refuelling enroute to Washington, Annie Thoms, a public school teacher from New York said: “I am going to stand up for all the women in the country of every race and orientation… We believe women’s rights are human rights.
“Trying to talk with my students and talking with my own children about the result of this election has been complicated and painful.”
“The election of a president should not be a time of fear and anger and violence.”
Judy Thoms, Annie’s mother: “This is an appalling time in America. The man is appalling… [On the March] It’s like being super heroes in a comic going after the evil force.”
Holly White from New York, added: “It’s a good first step to gather everyone together and bring unity.”
Katharine Dusenbury, 54, a mother from Connecticut said: “For me it is mostly to make a statement that he was really horrible to women during the campaign and we are not going to forget that… Hopefully the positive message will be stronger than just the rage against Trump.”
Liz Macdonald, 51, a copy writer from Connecticut who travelled with her daughters Grace and Kate, said: “We are apprehensive and fearful about what negative change might happen as a result of this administration. This feels like a positive statement about ourselves and what we believe.”
“We will march, wherever we march, for the protection of our fundamental rights and for the safeguarding of freedoms threatened by recent political events,” reads the London March website.
Back to the Rockettes. An encore performance.
(Coming up: the Lord of the Dance – kind of an Irish male version of the Rockettes)
Donald Trumps finally escorts “his number one supporter” Melania onto the stage.
“Well, we did it
“When we began…they said we, they meant me, didn’t have a chance and we won today we had a great day.
People that weren’t so nice to me were saying that we did a really good job today, they hated to do it but they did it, I respect that, I respect that.”
To the tune of My Way, as foreshadowed, the President manages not to step on the First Lady’s white Hervé Pierre ballgown, as they sashay around the floor.
They are joined by Mike and Karen Pence, the vice presidential couple, as well as finally the entire Trump family, the women elegantly dressed in pale colours, including Ivanka Trump in Carolina Herrera.
At his second ball of the evening, the more raucous Liberty Ball, President Trump, takes a swipe at the media and corporations, having attacked his political opponents at the first ball.
“We are not going to be taken advantage of anymore. We’re going to have those great companies come pouring back in.
“Let me ask you – should I keep the Twitter going or maybe not? [cheers] You think so?”
“You know the enemies keeps saying… but its a way of bypassing dishonest media.”
“We are not going to let you down. Remember the theme – ‘Make America Great Again’… I have added ‘Greater Than Ever Before’. It will happen. Now the fun begins”
In San Francisco, meanwhile, the protests against the Trump presidency continue through the evening, reports the FT’s Leslie Hook, anticipating more disruption and marches tomorrow.