Business Standard

Trump departs DC a pariah, may float new political party

Becomes first president in 152 years to skip his successor’s inaugurati­on

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I WILL ALWAYS FIGHT FOR YOU. I WILL BE WATCHING ... AND I WILL TELL YOU THAT THE FUTURE OF THIS COUNTRY HAS NEVER BEEN BETTER. I WISH THE NEW ADMIN GREAT LUCK”

Donald Trump left the presidency on Wednesday under a dark cloud of his own making, ending his single fouryear term stained by two impeachmen­ts, deep political divisions and his handling of a pandemic that has caused 400,000 US deaths.

Even after Trump leaves office, the Senate is still to hold a trial on the impeachmen­t charge brought by the Democratic-led House of Representa­tives that he incited an insurrecti­on. The Washington that Trump leaves behind is being guarded by 25,000 National Guard troops, while the National Mall is closed to the public because of threats of violence from groups that attacked the Capitol.

Tarnished brand

Trump, a former real estate tycoon who owns 17 golf resorts around the world, faces a gigantic task rebuilding his tarnished brand.

The New York Times reported that many of his resorts have been losing millions of dollars and that hundreds of millions in debt must be repaid within a few years. Trump must also decide how to stay involved in politics as he has said he will do.

Patriot Party

Reports suggest Trump is planning to launch a party of his own, called ‘Patriot Party’ to continue to involve himself in politics.

Controvers­ial pardons

Donald Trump granted clemency to dozens of people on Wednesday, including his former strategist Steve Bannon, the rapper Lil Wayne and former Detroit Mayor Kwame Kilpatrick, in one of his final official acts.

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