With markets focused on today’s events in Washington, culminating with Trump’s inaugural speech, here’s a look at the key scheduled events for Friday, Jan. 20 (all times Eastern).
What to Watch
- Inauguration of President-elect Donald Trump at U.S. Capitol
- Friday is a holiday for federal workers in the Washington area, economic data will be delayed
- Possible Trump executive actions
- Senate confirmation votes on Cabinet nominees
White House
- 9:45am: President Obama and first lady Michelle Obama host Trump and wife Melania for a tea and a small reception; depart White House for U.S. Capitol at 10:30am
- 1:10pm: Obama delivers remarks at Joint Base Andrews farewell event
- 1:40pm: Obama departs Joint Base Andrews for Palm Springs, Calif.
Official Inauguration Events
- 7am: Presidential Inaugural Prayer Breakfast; Trump International Hotel, Old Postal Pavilion Building, 1100 Pennsylvania Ave. NW
- 8:30am: Trump and Vice President-elect Mike Pence to attend worship service hosted by Joint Congressional Committee on Inaugural Ceremonies; St. John’s Episcopal Church, 16th and H Streets NW
- 11:30am: Inauguration ceremony begins at West Front of Capitol
- Noon: Trump takes oath of office
- 12:30pm: Inaugural luncheon for members of Congress at Capitol
- 3pm: Inaugural parade begins
- 7pm: Presidential Inaugural Committee holds “Commander in Chief’s Ball”; Walter E. Washington Convention Center, 801 Mount Vernon Place NW
- 7pm: Presidential Inaugural Committee hosts “Salute to Our Armed Services Ball”; National Building Museum, 401 F St. NW
Commentary on Trump’s Speech
- “All eyes will be on the content and style of Trump’s inauguration speech,” Morgan Stanley’s Hans Redeker wrote in a note. “The more ‘Presidential’ this speech comes across, the better the outcome for markets.”
- “[Trump is] likely to talk about job creation and unifying the U.S. and we may have to wait a bit longer for details on economic measures,” said Natixis fixed income strategist Cyril Regnat.
- “It’s clear that investors have reached a level where they are prepared to wait and see what the Trump administration has to offer,” said Ric Spooner, chief market analyst at CMC Markets Asia Pacific Ltd. in Sydney.
- Trump’s inauguration ceremony “will be followed by a speech that will be carefully decoded by those looking for signs of things to come in the new U.S. administration, an exercise that amounts to political astrology in an era characterized by a shakeup of the old rules of the game,” Citigroup’s chief global political analyst Tina Fordham wrote in note
Congress
- Senate to hold confirmation votes on some Cabinet nominees
- Democratic leader Chuck Schumer told reporters Thursday that Trump’s selection of retired Gen. James Mattis as secretary of Defense and retired Gen. John Kelly as secretary of Homeland Security will be considered
- 3pm: Congressional Hispanic Caucus holds news conference with House Democratic leaders on immigration policy; 421 Cannon House Office Building
Other Events and Protest Activity
- 7am: Code Pink holds rally outside of Trump International Hotel; Old Postal Pavilion Building, 1100 Pennsylvania Ave. NW
- 9:30am: Occupy Wall Street, Green Party, Code Pink hold protest at McPherson Square; 14th and I Streets NW
- 10am: Bikers for Trump holds inauguration rally at John Marshall Park; Pennsylvania Ave. NW, between 4th and 5th
- 7pm: National Museum of the American Indian holds “Native Nations Inaugural Ball”; Independence Ave. and 4th St. SW
- 8pm: National Portrait Gallery and Smithsonian American Art Museum hold “The Great Gatsby Presidential Inaugural Ball”; National Portrait Gallery, 8th and F Streets NW
- 8pm: NAACP’s Youth and College Division holds “Stay Woke and Fight People’s Inaugural Ball”; Vieux Carre, 1413 K St. NW
- 9pm: The Creative Coalition holds “Inaugural Ball for the Arts”; Harman Center for the Arts, 610 F St. NW
Source: Bloomberg
via http://ift.tt/2jwjYll Tyler Durden