Good evening. I'm Omna Nawaz. And I'm Jeff Bennett on the News Hour tonight.

Campaigns are contests of competing visions. The country chooses one or the other. We accept the choice

the country made. President Biden speaks to the nation, calling for an orderly transition

in the wake of Donald Trump's decisive election victory. That's as control of Congress hangs in the

balance. The Federal Reserve cuts interest rates as questions arise about the agency's independence

in the next Trump presidency. And Ukraine loses ground to Russian forces as winter approaches and as Donald Trump's election calls into question the future of U.S. support. Welcome to the News Hour.

President Joe Biden made his first public comments today since Donald Trump's victory

over his Vice President Kamala Harris in the presidential election.

Several cabinet secretaries and staff gathered in the Rose Garden as Biden praised Harris's campaign and sent an optimistic message about the accomplishments of their administration.

I know it's a difficult time. You're hurting. I hear you and I see you. But don't forget, don't forget all that we accomplished.

It's been an historic presidency.

Much of the work we've done is already being felt by the American people,

but the vast majority of it will not be felt over the next 10 years.

We're going to see over a trillion dollars dollars worth of infrastructure work done, changing people's

lives in rural communities and communities that are in real difficulty.

Biden went on to promise a peaceful transfer of power to Trump's new administration.

Following all this is our White House correspondent Laura Barone Lopez.

Laura, so what was the president's overall message here? What stood out to you?

President Biden first ran for the presidency in the late 80s, and he wanted to serve more than one term,

but despite that, he's only served one. So with this speech today, it was really about defining his legacy and what he believes

will survive a second Trump administration.

The president felt that it was important to speak to Americans who supported him, who supported

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