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After the January 6 United States Capitol assault, the bank resolved not to do enterprise with Trump or his business in the long run. Biden was elected the 46th president of the United States in November 2020. He defeated the incumbent, Donald Trump, turning out to be the first prospect to defeat a sitting down president given that Bill Clinton defeated George H. W. Bush in 1992. Trump refused to concede, insisting the election had been "stolen" from him through "voter fraud", tough the success in court and selling quite a few conspiracy theories about the voting and vote-counting processes, in an attempt to overturn the election final results. He is also the 1st person given that George H. W. Bush to have been both equally vice president and president, and the second non-incumbent vice president (right after Richard Nixon in 1968) to be elected president. Democrats, most notably previous Vice President Al Gore, have pressed for stern regulation of greenhouse gases. Former President Barack Obama endorsed Biden the subsequent working day. On April 13, Sanders endorsed Biden in a stay-streamed dialogue from their houses. In his initial two days as president, Biden signed 17 government orders