Video: Egypt's President Mohamed Morsi takes a symbolic oath in Tahrir Square Mr Morsi vowed that the power of people is above all and that no one can take away the president's authorities. The ruling generals have promised to transfer power to an elected president by Sunday but they also have given themselves sweeping powers that undercut the authority of the president. The constitutional declaration - issued days before the winner of a run-off vote was announced - also designated the generals the country's legislature in place of the disbanded parliament.