Editor's note: CNBC notes that today's record close for the Dow and the S&P 500 continues a rally that began after Election Day. The Dow, CNBC says, has posted gains in 18 of the past 22 sessions and 12 record closes since the election. The S&P and the Nasdaq, meanwhile, have risen 4.8 percent and 3.9 percent since Nov. 8, respectively. - Tom
Editor's note: Scott Pruitt, named today as Donald Trump's choice to run the EPA, is Oklahoma's attorney general and a former state legislator. He was elected attorney general in 2010 and re-elected in 2014. Pruitt sued the Obama administration's EPA to halt regulations on carbon dioxide, ozone and mercury, the Clean Water Rule and more. - Tom
Federal judge in Michigan set 10:30 am Wednesday hearing on Michigan attorney general and state Republican party's requests to dissolve temporary restraining order, which would stop the recount - @chrisgeidner
Editor's note: The Detroit Free Press reports that the Michigan Court of Appeals rejected Jill Stein's recount as improper because Stein is not an aggrieved candidate and "she has no chance to overturn the result of the presidential election in her favor." - Jimmy
An election is a formal decision-making process by which a population chooses an individual to hold public office. Elections have been the usual mechanism by which modern representative democracy has operated since the 17th century. Elections may fill offices in the legislature, sometimes in the executive and judiciary, and for regional and local government. This process is also used in many other private and business organizations, from clubs to voluntary associations and corporations.
The universal use of elections as a tool for selecting representatives in modern representative democracies is in contrast with the practice in the democratic archetype, ancient Athens, where the Elections were considered an oligarchic institution and most political offices were filled using sortition, also known as allotment, by which officeholders were chosen by lot.
Electoral reform describes the process of introducing fair electoral systems where they are not in place, or improving the fairness or effectiveness of existing systems. Psephology is the study of results and other statistics relating to elections (especially with a view to predicting future results).
To elect means "to choose or make a decision", and so sometimes other forms of ballot such as referendums are referred to as elections, especially in the United States.