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

Trendingnow

1

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

2

OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation

3

‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

1

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

2

OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation

3

‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
Politics

Trump says he will leave office if the Electoral College votes in Biden

By
Jill Colvin
Jill Colvin
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Jill Colvin
Jill Colvin
and
The Associated Press
The Associated Press
Down Arrow Button Icon
November 27, 2020, 3:20 AM ET
Add Fortune on Google for similar content.

President Donald Trump said Thursday that he will leave the White House if the Electoral College formalizes President-Elect Joe Biden’s victory—even as he insisted such a decision would be a “mistake”—as he spent his Thanksgiving renewing baseless claims that “massive fraud” and crooked officials in battleground states caused his election defeat.

“Certainly I will. But you know that,” Trump said Thursday when asked whether he would vacate the building, allowing a peaceful transition of power in January. But Trump—taking questions for the first time since Election Day—insisted that “a lot of things” would happen between now and then that might alter the results.

“This has a long way to go,” Trump said, even though he lost.
The fact that a sitting American president even had to address whether or not he would leave office after losing reelection underscores the extent to which Trump has smashed one convention after another over the last three weeks. While there is no evidence of the kind of widespread fraud Trump has been alleging, he and his legal team have nonetheless been working to cast doubt on the integrity of the election and trying to overturn voters’ will in an unprecedented breach of democratic norms.

Trump spoke to reporters in the White House’s ornate Diplomatic Reception Room after holding a teleconference with U.S. military leaders stationed across the globe. He thanked them for their service and jokingly warned them not to eat too much turkey, then turned to the election after ending the call. He repeated grievances and angrily denounced officials in Georgia and Pennsylvania, two key swing states that helped give Biden the win.

Trump claimed, despite the results, that this may not be his last Thanksgiving at the White House. And he insisted there had been “massive fraud,” even though state officials and international observers have said no evidence of that exists and Trump’s campaign has repeatedly failed in court.

Trump’s administration has already given the green light for a formal transition to get underway. But Trump took issue with Biden moving forward.

“I think it’s not right that he’s trying to pick a Cabinet,” Trump said, even though officials from both teams are already working together to get Biden’s team up to speed.

And as he refused to concede, Trump announced that he will be traveling to Georgia to rally supporters ahead of two Senate runoff elections that will determine which party controls the Senate. Trump said the rally for Republican Sens. David Perdue and Kelly Loeffler would likely be held Saturday. The White House later clarified he had meant Dec. 5.

One of the reasons Republicans have stood by Trump and his baseless claims of fraud has been to keep his loyal base energized ahead of those runoffs on Jan. 5. But Trump, in his remarks, openly questioned whether that election would be fair in a move that could dampen Republican turnout.

“I think you’re dealing with a very fraudulent system. I’m very worried about that,” he said. “People are very disappointed that we were robbed.”
As for the Electoral College, Trump made clear that he will likely never formally concede, even if he said he would leave the White House.
“It’s gonna be a very hard thing to concede. Because we know there was massive fraud,” he said, noting that, “time isn’t on our side.”

“If they do,” vote against him, Trump added, “they’ve made a mistake.”
Asked whether he would attend Biden’s inauguration, Trump said he knew the answer but didn’t want to share it yet.

But there were some signs that Trump was coming to terms with his loss.
At one point he urged reporters not to allow Biden the credit for pending coronavirus vaccines. “Don’t let him take credit for the vaccines because the vaccines were me and I pushed people harder than they’ve ever been pushed before,” he said.

As for whether or not he plans to formally declare his candidacy to run again in 2024—as he has discussed with aides—Trump said he didn’t “want to talk about 2024 yet.”

All states must certify their results before the Electoral College meets on Dec. 14, and any challenge to the results must be resolved by Dec. 8. States have already begun that process, including Michigan, where Trump and his allies tried and failed to delay the process, and Georgia and Pennsylvania.

Vote certification at the local and state level is typically a ministerial task that gets little notice, but that changed this year with Trump’s refusal to concede and his unprecedented attempts to overturn the results of the election through a fusillade of legal challenges and attempts to manipulate the certification process in battleground states he lost.

Biden won by wide margins in both the Electoral College and popular vote, where he received nearly 80 million votes, a record.

About the Authors
By Jill Colvin
See full bioRight Arrow Button Icon
By The Associated Press
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
  • TikTok icon
  • YouTube icon

Latest in Politics

Anthea Hartig, Director of the National Museum of American History, looks to her left at a House Committee.
PoliticsWhite House
Smithsonian director derides a White House report branding the museum as ‘woke’
By The Associated Press and Steven SloanJuly 21, 2026
13 hours ago
Trump says ‘we’re gonna help’ Lebanon as he moves to restore direct flights after four-decade hiatus
North AmericaDonald Trump
Trump says ‘we’re gonna help’ Lebanon as he moves to restore direct flights after four-decade hiatus
By Kareem Chehayeb and Will WeissertJuly 21, 2026
13 hours ago
Defense Secretary Pete Hegseth sits and speaks at a Senate Committee Hearing
PoliticsDonald Trump
‘Without these funds, we face critical shortfalls’: Hegseth on additional defense spending following $37.5B Iran War price tag
By The Associated Press and Lisa MascaroJuly 21, 2026
13 hours ago
kid lying down on phone
PoliticsSocial Media
Lawmakers say they’re protecting kids—but their age checks are quietly building an ID requirement for the entire internet
By Catherina GioinoJuly 21, 2026
13 hours ago
Moldova’s parliament elects 44-year-old businessman investor Vasile Tofan as prime minister
PoliticsEuropean Union
Moldova’s parliament elects 44-year-old businessman investor Vasile Tofan as prime minister
By The Associated PressJuly 21, 2026
13 hours ago
Bill Gates called meeting Epstein a ‘grave error in judgment.’ A new review shows the Gates Foundation still met with him about 30 times
North AmericaBill Gates
Bill Gates called meeting Epstein a ‘grave error in judgment.’ A new review shows the Gates Foundation still met with him about 30 times
By James Pollard and The Associated PressJuly 21, 2026
14 hours ago

Most Popular

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
Success
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
By Sasha RogelbergJuly 20, 2026
2 days ago
OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation
Cybersecurity
OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation
By Jeremy Kahn and Emily ForliniJuly 21, 2026
14 hours ago
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
Success
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
By Sydney LakeJuly 20, 2026
2 days ago
Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
AI
Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
By Eva RoytburgJuly 21, 2026
18 hours ago
Despite a $156 million contract, Knicks star Jalen Brunson still calls his parents for financial advice any time he makes a big purchase
Success
Despite a $156 million contract, Knicks star Jalen Brunson still calls his parents for financial advice any time he makes a big purchase
By Emma BurleighJuly 21, 2026
19 hours ago
'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
AI
'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
By Jason MaJuly 18, 2026
3 days 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.