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.

Because MLK Day is on Monday, most employees will get a day off. Does this mean Inauguration Day is a federal holiday, too?

Monday brings both the annual Martin Luther King, Jr. Day and the quadrennial Inauguration Day. So is today a holiday? The answer is yes, because of the celebration of Martin Luther King, Jr.’s birthday,