Trump finally admits defeat: 'A new administration will be inaugurated on January 20'

Two months after the 2020 presidential election, less than a day after Congress certified the Electoral College results, and facing increasing pressure to resign, Donald Trump finally admitted on Thursday that he had lost and would not serve a second term.

“Now Congress has certified the results. A new administration will be inaugurated on January 20th,” Trump said in a two-minute video posted to his Twitter feed. “My focus now turns to ensuring a smooth, orderly and seamless transition of power.”