MarketTop Storyus elections

President-Elect Trump Honored by Time, Opens NYSE Trading Day

Donald Trump/ Time Person of the Year/ NYSE opening bell/ Trump political comeback/ 2024 election winner/ NEW YORK/ Newslooks/ J. Mansour/ Morning Edition/ President-elect Donald Trump celebrated his recognition as Time magazine’s 2024 Person of the Year by ringing the New York Stock Exchange’s opening bell. This marks a significant moment in Trump’s political resurgence after a decisive election victory. In a Time interview, Trump shared his plans for his administration, including policy goals and strategies for his return to the White House.

President-elect Donald Trump gestures after ringing the opening bell at the New York Stock Exchange, Thursday, Dec. 12, 2024, in New York. (AP Photo/Alex Brandon)

Trump’s Time Honor and NYSE Bell-Ringing Quick Looks

  • Time Magazine Award: Named 2024 Person of the Year for his historic political comeback.
  • NYSE Appearance: Trump rang the opening bell, marking his first time at the ceremony.
  • Policy Highlights: Plans expedited permits for billion-dollar projects and mass deportations.
  • Family Support: Accompanied by Melania Trump, daughters Ivanka and Tiffany, and VP-elect JD Vance.
  • Historical Context: Previously named Time Person of the Year in 2016 after his first election win.

President-Elect Trump Honored by Time, Opens NYSE Trading Day

Deep Look

A Historic Comeback

President-elect Donald Trump’s recognition as Time magazine’s 2024 Person of the Year underscores his remarkable return to the forefront of American politics. Time editor-in-chief Sam Jacobs described Trump as the individual who “for better or for worse, had the most influence on the news in 2024.”

Jacobs added, “This is someone who made a historic comeback, reshaped the American presidency, and is reordering American politics. It’s hard to argue against his impact.”

In his latest interview with the magazine, Trump described his election strategy as “72 Days of Fury,” highlighting his relentless campaign that resonated with an electorate dissatisfied with the status quo.

NYSE Bell-Ringing Ceremony

For the first time, Trump participated in the New York Stock Exchange’s ceremonial opening bell event, symbolizing his influence as both a business mogul and political leader. Standing alongside Melania Trump, daughters Ivanka and Tiffany, and Vice President-elect JD Vance, Trump raised his fist to chants of “USA” before ringing the bell.

The NYSE displayed the Time magazine cover featuring Trump, flanked by American flags. Trump expressed his gratitude for the recognition and optimism for the future:

“I think we’re going to have a tremendous run. We have to straighten out some problems, some big problems in the world.”

Time’s Recognition History

Trump first earned Time’s Person of the Year in 2016 following his initial presidential victory. This year, he was selected from a finalist pool that included Vice President Kamala Harris, Elon Musk, Israeli Prime Minister Benjamin Netanyahu, and Kate, Princess of Wales.

Key Policy Highlights

In his Time interview, Trump outlined several key initiatives for his incoming administration:

Business Implications

The business community is closely watching Trump’s return to the White House. His promises to reduce corporate taxes, cut regulations, and expedite infrastructure projects have drawn praise, but his plans to impose broad tariffs have raised concerns about potential disruptions in global trade.

Historically, the U.S. stock market has performed well regardless of the president’s political party. However, Trump’s policies could create significant shifts in specific industries, particularly manufacturing and technology.

A Complex Legacy

From reality TV star and real estate magnate to polarizing political figure, Trump’s journey highlights his ability to shape public perception and dominate political discourse. His recognition by Time and appearance at the NYSE mark a pivotal moment as he prepares to re-enter the Oval Office, bringing his brand of leadership back to the global stage.

More on US News

Previous Article
US Wholesale Costs Up 3% in November: Inflation Concerns Remain
Next Article
Wall Street Slips as Economic Data Tempers Market Rally

How useful was this article?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this article.

Latest News

Menu