President Barrack Obama can keep his title for another four years.
Obama defeated Mitt Romney in Tuesday's presidential election, receiving 51% of the vote and 332 of a possible 538 electoral votes.
Mitt Romney conceded the election early Wednesday morning after it became apparent he was out of the running.
"This election is over, but our principles endure," Romney said.
Now, it remains to be seen what the president will do in his second term.
"In the coming weeks and months I am looking forward to reaching out to leaders of both parties," Obama said.