Presidential announcements and policy actions

46th President Biden Concludes Single Term, Leaves Legacy to Trump

Jan 19, 2025, 07:00 PM

President Joe Biden, the 46th president, is set to leave office this week, concluding a single term marked by significant legislative and policy achievements. His tenure, which began amidst a global health crisis, saw the successful rollout of the COVID-19 vaccine, record highs in the stock market, and near-record low unemployment rates. In his farewell address, Biden remarked on the long-term impact of his policies. His legislative victories included major investments in clean energy, semiconductor manufacturing, and a $1.2 trillion bipartisan infrastructure bill. Despite these accomplishments, Biden's presidency was challenged by high inflation, a surge in illegal border crossings, and the war in Gaza, which contributed to persistently low approval ratings. His decision to run for re-election, despite concerns about his age and health, ultimately led to a loss to Donald Trump, whom Biden had warned against. Biden's legacy, therefore, is seen as resting largely in the hands of his successor, with potential for some of his achievements to be undone by the incoming Republican administration.