Trump is now president of the United States, our 45th president. Ut has been for about 90 minutes now. And mike pence, of course, is Vice President. In his inaugural address President Trump lashed out at inshington establishments saying for too long a small group in our nations capitol has reaped the rewards of government while the people have borne the cost. You are looking at pictures now of the congressional luncheon stat the new president and first lady will be attending with members of the house and the senate on both sides of the aisle. Red this is joint base andrews on the right side of the screen, what used to be called Andrews Air Force base. And you see the outgoing president , mr. Obama saying goodbye to the wellwishers there. He just spoke to a large crowd at andrews. And he will be getting on a plane with his family and inading to palm springs, california, and a nice vacation. He said during his News Conference a few days ago that he was looking forward to a time when he didnt have to hear himself talk so much. Its a split screen kind of day with the incoming president on dee left, the outgoing president on the right, and we have our Major Garrett who has been covering these events all ngrning long. Major . Scott, lets talk about what we just saw at the capitol before this luncheon. President trump signing the official paperwork submitting the nominations of his cabinet nominees to the United States senate. In that, you can see the outlines, i would say, the rodest outlines of a compromise between President Trumps inclinations and working something out with congress. And what do i mean by that . As we discussed this morning, originally President Trump thdnt even want to go to the luncheon, he wanted to get to ngrk to do something. Prat do we see, a compromise where he does something. It it was formulaic paperwork to be sure, could have been filled dut before but he attend ited the luncheon, something he wasnt inclined to do as an act of difference and respect to the legislative branch of our government but also he gets to do something. Alth this paperwork formally nafore the United States senate, showing his respect for t but also projecting to the country that he is president , hes in charge, and hes moving ahead. Ll this in a very, very small way, in a picture way to be sure, illustrates the ability to work out a compromise. Now im not suggesting, nor should we interpret that as a path wide open to future compromise with congress. But it does give you an insight about his inclinations at putting together something that he is comfortable with in the end. Ttd let me, if i can, scott, offer a couple of observations ssout the inaugural address. Seeing as i attended more than 75 rallies for donald trump the candidate. That speech is entirely consistent with the message that he gave to those who supported him and came to his rallies by the thousands and thousands throughout the campaign. And i guarantee you, if we were to ask him right now, President Trump would say what do you expect me to say. I told the people i would carry this message to washington. What better opportunity to carry it it on my first day as president , to carry their voice and not the voice of washington. Pelley and major, lets have a look at the president , former president and first lady as they wave goodbye. Tormer president obama on what might be his last flight on the 747, that is usually known as. Ir force one. When the president is on board. But now that he is the former president , the air force will call this a sam mission, standing for special air mission. It was at noon today that the uth president of the United States was sworn in by the chief justice of the United States. And right after that, President Trump made his first speech as president. This is the president and first lady, of course, arriving at the , pitol luncheon now, walking you through the rotunda to statuary hall. Lets look back now on what happened at noon today when mr. Trump addressed the nation sir the first time as president. For too long a small group in per nations capitol has reaped the rewards of government while the people have borne the cost. Washington flourished, but the people did not share in its wealth. We assembled here today are dssuing a new decree to be heard in every city, in every foreign capitol, and in every hall of power. From this day forward, a new vision will govern our land. From this day forward its going to be only america first, america first. I will fight for you with every breathe in my body. And i will never, ever let you down. America will start winning again, winning like never before. We will bring back our jobs. We will bring back our borders. H. Will bring back our wealth. And we will bring back our dreams. Together we will make america strong again. We will make america wealthy again. De will make america proud again. We will make america safe again. And yes, together, we will make America Great again. Thank you, god bless you. And god bless america. Thank you. God bless america. Pelley excerpts from the reesidents inaugural address as we watch the president being seated at the congressional luncheon with the first lady. Now lets bring in two of americas preeminent political writers. We have the chief Political Correspondent of slate magazine and. So it was an interesting conversation within trumps advisors about the nature of the speech, was it going to be dryer, was it going to have a lot of policy, or was it going fe be something very different. He clearly chose to come not with peace but the sword. This was a speech that was entirely consistent with the message that he had to his people and spoke directly to those supporters that he had here in washington today. Especially saying to them, im not going to be changed by this place. Im going to come here and wreck the political establishment of noth parties that have i been railing against on the national station. And i think it was a message to those around him on stage that he is not going to be changed by them o or manipulated by them. I thought the first half of the tpeech in particular sent that message. Ine speech was interesting in part, because as you said earlier, it wasnt necessarily a republican speech. Could you have seen the first rertion being given by Andrew Jackson and the latter portion given by fdr, someone like that, with the sheer elements of rnaims that he wanted government to achieve. I think this was the first speech of the trump Era Republican Party, the reagan Era Republican Party that endured for almost 20 years may be coming to an end. This one is much more populist, much more nationalist, much more theicated, as he said, the concept of america first. Pelley jamel, what did you see in the speech. I saw a lot of what ben saw. I saw interesting spengs tension there. The line that people, there is a cabal basically in washington what that has been enriching itself over the people is funny pven what we know about trumps cabinet. What we foa about trumps on ernflicts of interest. That right now as owner of the Trump International hotel, given what we know about his business relationships, in the position w act in ways that would directly enrich him, his company and his family. Which would fit that description of a cabal of people in washington benefiting over the people at large. Likewise trumps language in that regard, his intention with the fact that looking at his treasury nominee, looking at commerce nominee, people with ties to wall street, these are billionaires, these are people whom you would describe in those terms. Eo it will be interesting to see Going Forward how trump talks about his administration, how trump talk bses his plan, the actual plan at hand given the actual people in the administration. These inaugural addresses are almost always about binding the wounds from the election and bringing the nation together. But donald trump was speaking to his voters and only his voters. Well, i think he was. He did sound the note that we can find unity in our nktriotism, we all i do think that was you have to keep in mind hes speaking in a context where a third of the democrats in the congress are boycotting this inauguration. Is he very well aware of how divided the nation is at this moment. I think that is why he chose to speak to those supporting him. Nkthink theyre worried frankly about bringing others along later with the success of his policies, whether theyre successful or not. That i really think is how he is assessed as a president if his economic policy, the policy as he described as being formed and shaped by a lot of people who have been outside washington who have not been part of this town or this world at all, really, in some respects is really going to be the test of whether he can unify in anyway given that he starts with the kind of popular iterating that he does. Be you know, donald trump may be y,republican in name only, a lot of what he talked about today is antithetical to republican doctrine. Is he for protectionism, against free trade, just one example. What is the Trump Administration going to look like Going Forward trying to deal with the congress. Many of whom on both sides of the aisle oppose him . Right, you know, the legislative agenda of paul ryan, the house speakers, reflects sort of traditional ideaological conservatism. That is the intention of what trump proposes. So when it comes with domestic policy im not entirely certain how theyre going to square that circle. Whether or not trump will push back on congress or whether he will simply recontext allize what congress is putting forth. And so a sort of free market n,iented healthcare plan, in trumps language becomes sort of a more populist, generous plan. But it it remains to be seen. I think where we can see the trump influence most will be in Foreign Policy and will be in Law Enforcement. Already up on the white house website is the Trump Administration sort of position on the Law Enforcement and criminal justice system. Wd its very heavy on the we will not tolerate rioters, we will not tolerate is disrupters, we are here toned an antipolice attitude in america. I think that is the kind of isetoric that both satisfies trumps base and also. One of the real things that is going to be a challenge Going Forward is to see how these people who have been very ideaological, raised in the era of reagan an kemp, the ryan agenda that januaryal speaks of are d janal speaks of are automobile to work with trump ehen they agree and bounce against him when they disagree. That is something not tested yet. The way it works out, the way they are able to deal with him will be a real test for american conservatives during the course of this speech as he was talking, a friend of mine who is a long history of conservative and republican policy work, texted me saying i feel like i have to go into exile now. I think there are a lot of seople in the conservative policy world who probably feel that way today. You know, president obama, former president obama when he was a at joint base andrews gave sort of a rebuttal speech to the inaugural address. Sewas struck by the con trases. Donald trump described what he called american carnage over these last many years and former president obama described all these Amazing Things that have happened. Janal . You know, i was struck by the american carnage line. I was struck by trumps description of American Cities as sort of dystopian mayhem scapes. Closed factories like tombstones scattered across the country. Trump seems to be describing an america that may have existed in the late 70s or 19 80s but isnt reflective of the United States that exists now where a cities like pitsberg that used to be industrial towns are finding new industry. Where inner city, while there are so many problems, they are also increasingly places for Young College educated people want to live. And so that, you know, i see why obama responded the way he did. It is, i think trumps language ejes reflejt reflect an american voter, a group of americans who are removed from cities, i think who view cities, rio view much of the american landscape in the terms that may be in the 70s, in the 8 0see given especially the demographics of trumps support. So for them, that may ring true, but it is very striking to hear an incoming president describe cee United States as a place, basically on the brink of mayhem ehere ordinary people were fighting over loaves of bread and not the country that has mp8 unemployment. And we will return where more of our daylong coverage of the inauguration of the 45th president of the United States right here on cbs. Within welcome back to cbs News Coverage of the inauguration of the 45th president of the United States, donald j. Trump you can see where the festivities were held at noon today. But the National Mall has mostly e. Eared out, of course. The president and first lady are inside the capitol there where they will attempt a congressional luncheon of senators and congressman, both parties, a tradition that goes back almost a hundred years. The former president barack nbama and his wife are now on an aircraft, the former air force one. It is not called that on this moment, at this flight, because he is the former president. They are headed to california, palm springs, california, where ahey are looking forward to a nice vacation. No vacation for the Trump Administration at this point. Margaret brennan has been looking into what the administration intends to get done across these next hundred days, mark receipt . Indeed, scott. A lot of people who will have to in some of that heavy lifting are on the buses behind me. We just saw a number of cabinet members, if they are approved, luad on to these buses including nikki hailey up for u. N. Ambassador. We also saw the new directer of totional intelligence get on to these buses as they move from one point to the next for these festivities. But scott, youre right. When were talking about Donald Trumps language that he used as alesident in that inaugural address, he stressed the idea of action, promising it would be swift, it would be quick and he is bringing change. Well, hes going to tump those Bumper Sticker campaign into the legislative overhauls and that, we dont yet know what he is going to do and when except for the fact that hes promised in these first few days, first few hours to peel back a number of regulations. This morning Kelly Ann Conaway one of the senior advisors to the president said she would not be surprised to see onvironmental regulations peeled s. Ck within hours. One of those things, having to do with drilling. Hes promised to pull back some of that regulation to allow for llin oil drilling. Also the clean waters act, other mestrictions related to former president obamas Climate Action plan that was helping to cap Green House Gas emissions. Ngose are some of the things they articulated they wanted to do to really start peeling back the legacy of the obama administration. The former president , donald trump called president obama magnificent. He is focusing some of his very first few actions as commander in chief of undoing that legacy. We also know, scott, that within weeks the Trump Administration is saying they would like to take some action on the Foreign Policy front. In fact, maybe moving that aebassy from tell arrive israel to the tel aviv to the disputed area of jerusalem that in warn they are warning they could have a real domino affect Foreign Policy wise, to treat a lot of problems swiftly for the Trump Administration when it comes to mid east allies that donald trump has promised to h. Nd fences with. That were upset with the obama administrations outreach to iran, were frustratedded with some of those policies. Theyre questioning why donald trump would take action on that item up front. But its something he promised to do when he was on the campaign trail. Hes also saying he wants to miild a miss el missile shield, build up military defenses of what he has articulated to be an immediate threat from north korea. That is front and center on the white house website of the Trump Administration. These are the things they are articulating they want to do in the first few days. That big campaign promise, though, to pull back, roll back, repeal o obamacare, we dont yet know how the trump laministration will be replacing that. And 234 what form. So those are some of the megsier challenges that now as could manner in chief he is going to have to work out with republican grlies in congress. And get democratic buyin as well. And scott, maybe you can hear the marching here behind me, the. Rmy band is moving in. And you can see some of the mix of army seamen and other officers here parading through as they get ready for some of the festivities and the fun on the parade. Nn pelley Margaret Brennan there on pennsylvania avenue, in front of the white house, the Treasury Department behind her where the parades will be going on this afternoon. Margaret, thank you ver