CBS News
Harris to release medical records as campaign looks to pressure Trump to do the same
Vice President Kamala Harris is expected to release her medical history and records Saturday, as her campaign is now planning to put pressure on former President Donald Trump to release his own.
The report will say the 59-year-old Harris has the physical and mental resiliency to serve as president, according to a senior Harris aide.
It is unknown yet how detailed Harris’ records will be, but her campaign views the release as an opportunity to turn the conversation towards the physical health and mental acuity of her opponent, the 78-year-old Trump. Harris’ advisers argue they can contrast her age and Trump’s — daring him to disclose more recent information.
Harris did not release her medical records during the 2020 campaign. In November 2023, Trump posted a letter from his doctor of osteopathic medicine, Bruce Aronwald, that said he had been examined in September 2023 and that his “overall health is excellent.” No specifics on his vitals or medications were shared.
In an interview with CBS News in August, Trump said he would “gladly” release his medical records and that he recently had a medical exam and had a “perfect score.”
If elected in November, Trump would be the oldest president in U.S. history by the end of his term.
The Harris campaign’s attempt to highlight Trump’s age mirrors the Republican campaign’s approach to President Biden while he was the candidate. When Biden was still running, Trump’s campaign would often post clips of him stumbling up the stairs of Air Force One, or of his verbal gaffes.
Biden left the 2024 race in July after Democratic infighting and skepticism he could serve a full second term, which was spurred by a June debate performance where he appeared to show signs of his age, 81, by speaking with a hoarse voice and stumbling through answers.
On social media, Harris’ campaign has been leaning into references to Trump’s age, pointing out moments where Trump slurs his words or meanders.
“Americans are tired of your lies and slur-filled delusions. It’s getting…old,” the Kamala HQ X account posted in August.
CBS News
Stocks roar out of the gate after Donald Trump election win
Stocks and other financial assets are surging after Donald Trump was projected as the winner of the U.S. presidential election and the Republican party gained control of the Senate.
The Dow Jones Industrial Average shot up more than 1,200 points, or nearly 3%, in early trading Wednesday, while the broader S&P 500 and tech-heavy Nasdaq Composite each gained more than 2%.
Many investors expect Trump’s victory to lead to faster economic growth and more market-friendly policies.
“The markets are scrambling to figure out what happens next, but for the time being, the market is pricing in a higher growth and higher inflation outlook,” Peter Esho of Esho Capital said.
The price of bitcoin jumped nearly 8% to a record $75,345 before falling back slightly. Trump pledged support for cryptocurrencies during the campaign. Shares of the crypto exchange Coinbase rose 18% and almost all cryptocurrencies surged higher, including dogecoin, which jumped 17%.
Bank stocks, which could benefit from less restrictive regulations, rose in premarket trading. JPMorgan, the world’s biggest bank by assets, gained nearly 7%. Capital One rose 11.3%.
Tesla, led by Trump supporter Elon Musk, jumped nearly 13%. The company’s size gives it a big advantage in the electric vehicle market if, as expected, Trump does away with rebates and tax incentives for electric vehicles, according to Wedbush analyst Dan Ives. Shares of Tesla’s competitors largely fell.
Trump is likely to undo some of the Biden administration’s effort to fight climate change. Renewable energy stocks such as First Solar and Enphase were down by double-digits in premarket trading. First Solar has been a big beneficiary of the Biden administration’s Inflation Reduction Act.
Ryan Sweet, chief U.S. economist at Oxford Economics, expects a Republican-led Congress to extend personal tax cuts passed in 2017 during the first Trump administration, while also pushing up federal spending. President-elect Trump is also likely to use “his presidential powers to reduce immigration and impose targeted tariffs on China, Mexico, Canada and the European Union,” Sweet told investors in a report.
Trump has vowed to sharply raise tariffs on imports from China and other countries, darkening the outlook for Chinese exporters at a time when Beijing has relied heavily on ramping up manufacturing to try to revive its slowing economy.
Trump Media & Technology Group, the company behind the former president’s Truth Social platform, spiked 36% overnight as it became increasingly evident that Trump was returning to the highest elected office in the U.S.
“Undoubtedly, we are seeing a clear consensus among investors that President Trump would herald higher Federal Reserve rates, weaker global growth and greater geopolitical uncertainty, all of which is bullish for the dollar,” said Matthew Ryan, head of Market Strategy at the global financial services firm Ebury.
The broad U.S. stock market has historically tended to rise regardless of which party wins the White House, even if each party’s policies can help and hurt different industries’ profits.
The S&P 500 has risen nearly 70% since the 2020 election brought President Joe Biden into office. It rallied to records as the U.S. economy bounced back from the COVID-19 pandemic and managed to avoid a recession despite a jump in inflation.
The economy was a key issue for inflation-weary U.S. voters who chose Trump this time around, though mainstream economists have said Trump’s policy proposals would make inflation worse.
contributed to this report.
CBS News
Analysis of how Donald Trump is projected to win the 2024 presidential race
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When will Trump take office as president? Here’s when he’ll officially be sworn in
President-elect Donald Trump is the projected winner of the 2024 election, besting Vice President Kamala Harris for the highest office in the land.
CBS News projected the former president will win multiple battleground states. As of Wednesday morning, Trump was also ahead in the popular vote, something that eluded him in 2016.
Although Trump was projected the winner early Wednesday, Nov. 6, it will be several months before Trump takes office. Here’s what to know about when he will be sworn in.
When will Trump be sworn in?
President-elect Trump will be sworn in at his inauguration. The presidential inauguration is always held on Jan. 20, as specified by the Constitution’s 20th Amendment.
The president-elect becomes the president immediately after being sworn in. The new president typically moves into the White House after the ceremony.
Trump has vowed to end the war in Ukraine before Inauguration Day, but he has no presidential powers before being sworn in. He has made a number of promises for his presidency, including ending ObamaCare and beginning mass deportations of migrants. In his closing message the night before Election Day, Trump promised greatness if he won.
“After all we have been through together, we stand on the verge of the four greatest years in American history,” Trump said. “You watch, it’s going to be so good, it’s going to be so much fun. It’ll be nasty a little bit at times, and maybe at the beginning, in particular, but it’s going to be something.”
What happens on Inauguration Day?
The inauguration is about two and a half months after Election Day. It begins with a procession to the Capitol, according to the Joint Congressional Committee on Inaugural Ceremonies.
The vice president recites his oath of office and is sworn in first. Around noon, the president recites his own oath of office and is sworn in.
Then, the president gives an inaugural address. The speech usually outlines a president’s vision and goals for their term. At his first inauguration, Trump said he was planning on “transferring power from Washington, D.C. and giving it back to you, the American people.”
After the speech, the previous president makes an honorary departure from the Capitol. That’s followed by a signing ceremony, where the new president signs their first official actions. That’s followed by a number of ceremonies.
The final traditional event of the inauguration is the pass-in review, when the president and vice president review military troops before leading a procession of ceremonial military regiments, citizens’ groups, floats and marching bands from the Capitol to the White House.
The president-elect recites this oath, as required by the U.S. Constitution, ahead of being sworn in, according to the Congressional committee:
“I do solemnly swear (or affirm) that I will faithfully execute the Office of President of the United States, and will to the best of my ability, preserve, protect and defend the Constitution of the United States.”
The vice presidential oath of office is the same as the vow taken by senators, representatives, and other federal employees, according to the Congressional committee:
“I do solemnly swear (or affirm) that I will support and defend the Constitution of the United States against all enemies, foreign and domestic; that I will bear true faith and allegiance to the same; that I take this obligation freely, without any mental reservation or purpose of evasion; and that I will well and faithfully discharge the duties of the office on which I am about to enter: So help me God.”