Will Trump take the opportunity this time, in his second inaugural speech, to talk of unity? Or will it be more 'American carnage'?

The inauguration marks the official transfer of presidential power, with the executive branch changing hands from the Biden administration to the Trump administration. The 20th Amendment states that a president's four-year term ends at noon on Jan. 20, and the president-elect is sworn in shortly after.

There are, alas, some who don’t have the option of tuning out on Monday as Donald Trump is once more sworn into the presidency— billionaires, historians, journalists (including, of course, our wonderful colleagues here at Vanity Fair ). But others have no such mandate, freeing them up to spend January 20 on any number of other pursuits.