While the formal transition has begun, President Trump is still refusing to concede the election. On Tuesday, Trump gave a roughly one-minute news briefing at the White House, where he boasted about the Dow Jones Industrial Average topping 30,000, but he took no questions and made no reference to the election. While Trump took credit for the Dow, many economists say stock prices spiked due to reports that Biden would tap former Federal Reserve Chair Janet Yellen to be treasury secretary.
In the latest blow to Trump’s effort to overturn the election, the states of Pennsylvania, Nevada and Minnesota certified Biden’s victory on Tuesday. Trump and his attorney Rudy Giuliani are expected to travel to Gettysburg, Pennsylvania, today to meet with Republican state lawmakers who are holding an unofficial hearing about allegations of voter fraud. In the Civil War, Gettysburg was the site of a major Confederate defeat that marked a turning point in the fall of the Confederacy.