President Biden vowed he will ensure a peaceful transfer of power following President-elect Donald Trump’s resounding election victory and told his supporters “a defeat does not mean we are defeated,” USA Today reports. Said Biden: “Setbacks are unavoidable, but giving up is unforgivable. We all get knocked down, but the measure of our character – as my dad would say – is how quickly we get back up.” CNN: Biden tries to reassure dejected Democrats as he promises a smooth transfer of power to Trump.