• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Shark Tank's Kevin O'Leary says if he were 25 today, he'd chase these two booming opportunities in the world of AI

2

Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

3

Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

1

Shark Tank's Kevin O'Leary says if he were 25 today, he'd chase these two booming opportunities in the world of AI

2

Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

3

Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs
PoliticsDonald Trump

Trump tells inauguration eve rally ‘American decline’ to end

By
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Bloomberg
Bloomberg
Down Arrow Button Icon
January 19, 2025, 7:15 PM ET
Donald Trump, Melania Trump and their son Barron board a U.S. Air Force aircraft Saturday in West Palm Beach, Florida.
Donald Trump, Melania Trump and their son Barron board a U.S. Air Force aircraft Saturday in West Palm Beach, Florida.Michael M. Santiago—Getty Images
Add Fortune on Google for similar content.

President-elect Donald Trump celebrated the eve of his second inauguration with a rally Sunday at the Capital One Arena in downtown Washington.

Recommended Video

“Tomorrow at noon, the curtain closes our four long years of American decline, and we begin a brand new day of American strength and prosperity, dignity and pride,” Trump said. “Once and for all, we’re going to end the reign of a failed and corrupt political establishment in Washington.”

The event before his supporters in the nation’s capital offered Trump a victory lap in the city he left four years ago under dramatically different circumstances. Trump’s first term ended in 2021 with him as a pariah to many in his own party after his supporters rioted at the US Capitol in a failed bid to keep him in power. 

Speakers and performers at the event included musician Kid Rock, actor Jon Voight, and Dana White, the CEO of Ultimate Fighting Championship, while billionaire supporter Elon Musk joined the president-elect on stage.

“What matters going forward is to actually make significant changes,” Musk said. “Have us submit those changes, and it will set the foundation for America to be strong for a century, for centuries, forever.”

Former congressman Madison Cawthorn and British MP Nigel Farage were among guests in attendance at the 20,000-seat arena, home to the NBA’s Washington Wizards and NHL’s Washington Capitals.

Events on the scale of Sunday’s rally are rare for incoming presidents who generally lay low on the day before their inauguration. But Trump has long had a sense for spectacle, using his rallies to command the media spotlight and galvanize his base. 

Trump used the rally to celebrate the decision by TikTok to reinstate service after pledging earlier Sunday he would use executive action to hold off a legislative ban of the social video app.

“As of today, TikTok is back!” Trump said.

But he indicated that his previous pledge for a “joint venture” might be a company co-owned by a US company and the US government, rather than Chinese-owned Bytedance Ltd. and a US partner. The Trump transition did not immediately respond to a request to clarify his intentions.

“I said, I’ll approve, but let the United States of America own 50% of Tik Tok,” Trump said. “I’m approving on behalf of the United States. So they’ll have a partner — the United States — and they’ll have a lot of bidders.”

Trump said there was no risk to taxpayers because the government was not putting up money in the deal.

Trump also said he had spoken with Apple Inc. Chief Executive Officer Tim Cook on Sunday. Trump did not say whether he and Cook discussed TikTok during their conversation but said the Apple leader had promised “make a massive investment in the United States because of our big election win.” A representative for Apple didn’t immediately respond to a request to comment.

The president-elect reiterated his plans for a flurry of executive actions on his first day in office, pledging “be the most aggressive sweeping effort to restore our borders the world has ever seen” while  “restoring transparency and accountability to government.”

“We’re going to give them the best first day, the biggest week and the most extraordinary first 100 days of any presidency in American history,” Trump said.

Sunday’s event drew parallels with an extravaganza the president-elect held in his hometown of New York at Madison Square Garden ahead of Election Day.

That gathering, which sparked controversy over an incendiary joke about Puerto Rico from a comedian on stage, also drew some of Trump’s most prominent supporters. 

The rally is the centerpiece of a weekend of pre-inauguration festivities. Trump on Saturday spent the evening at Trump National Golf Club in Sterling, Virginia, where he was joined by his wife Melania Trump as they enjoyed a fireworks display. On Sunday, Trump visited Arlington National Cemetery for a wreath-laying ceremony.

“People are happy — it’s been a long time,” Trump said. “None of this would have been possible without you and the millions of hard working citizens who have joined our cause.”

Trump is slated to return to the Capital One Arena on Monday. The Washington region is bracing for snow and frigid temperatures, extreme weather that is forcing Trump to hold his swearing-in ceremony and to deliver his inauguration address indoors at the US Capitol Rotunda and shift the inaugural parade to the arena.

In 1985, Ronald Reagan’s second inaugural ceremony was moved indoors, with the thermometer hitting 7F at noon and afternoon wind chills as low as -20F. The next coldest January swearing-in was John F. Kennedy’s at 22F in 1961.

Trump and allies are aiming for an assertive start to his second term, with the president-elect planning a number of executive actions he is expected to unveil and sign on Monday, including on some of his top campaign pledges. 

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter delivers clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
About the Author
By Bloomberg
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Politics

The Trump administration will use the same company that tried to renovate the Reflecting Pool to repair it — ‘because they did a fantastic job’
PoliticsFederal Government
The Trump administration will use the same company that tried to renovate the Reflecting Pool to repair it — ‘because they did a fantastic job’
By Steve Peoples and The Associated PressJuly 5, 2026
12 hours ago
Iranians demand revenge at funeral ceremonies for supreme leader killed during war, while his replacement has yet to appear to mourn his father
PoliticsIran
Iranians demand revenge at funeral ceremonies for supreme leader killed during war, while his replacement has yet to appear to mourn his father
By Nasser Karimi, Jon Gambrell and The Associated PressJuly 5, 2026
15 hours ago
Trump moves the goalposts for NATO after demanding members spend more. ‘We don’t need their money — we don’t need anything. I just want loyalty’
PoliticsNATO
Trump moves the goalposts for NATO after demanding members spend more. ‘We don’t need their money — we don’t need anything. I just want loyalty’
By Lorne Cook and The Associated PressJuly 5, 2026
16 hours ago
At July 4 speech, Trump stumps for controversial SAVE America Act, which even some Republicans in Congress are challenging
PoliticsDonald Trump
At July 4 speech, Trump stumps for controversial SAVE America Act, which even some Republicans in Congress are challenging
By Steven Sloan, Michelle L. Price and The Associated PressJuly 5, 2026
16 hours ago
Nancy Pelosi’s husband could face misdemeanor charges after hit-and-run collision in Napa wine country that left one car with ‘major damage’
PoliticsNancy Pelosi
Nancy Pelosi’s husband could face misdemeanor charges after hit-and-run collision in Napa wine country that left one car with ‘major damage’
By Safiyah Riddle and The Associated PressJuly 4, 2026
1 day ago
Treasury rolls out currency signed by Trump for Fourth of July
PoliticsDonald Trump
Treasury rolls out currency signed by Trump for Fourth of July
By Jeff Mason and BloombergJuly 4, 2026
1 day ago

Most Popular

Shark Tank's Kevin O'Leary says if he were 25 today, he'd chase these two booming opportunities in the world of AI
AI
Shark Tank's Kevin O'Leary says if he were 25 today, he'd chase these two booming opportunities in the world of AI
By Marco Quiroz-GutierrezJuly 5, 2026
17 hours ago
Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living
Success
Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living
By Preston ForeJuly 4, 2026
2 days ago
Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs
Law
Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs
By Wyatte Grantham-Philips and The Associated PressJuly 2, 2026
3 days ago
The stock market is about to suffer a 'snapback' and will lose much of this year's gains as 'speculation is hitting extreme levels,' BofA warns
Investing
The stock market is about to suffer a 'snapback' and will lose much of this year's gains as 'speculation is hitting extreme levels,' BofA warns
By Jason MaJuly 5, 2026
10 hours ago
Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998
AI
Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998
By Nick LichtenbergJuly 3, 2026
3 days ago
Mark Zuckerberg takes business calls on a jet ski wearing his $800 Meta glasses—and insists 'the other person could not tell'
Big Tech
Mark Zuckerberg takes business calls on a jet ski wearing his $800 Meta glasses—and insists 'the other person could not tell'
By Sydney LakeJuly 5, 2026
18 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.