Market
How will Trump's economic policies affect the US stock market by end of 2025?
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Donald Trump•American•America•Trump•JD Vance•Time•Divided States of America•Ronald Reagan•New York Stock Exchange•Vance•Person of the Year•Don Lemon
Resolution / Starting Odds
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Story
Trump Named Time's 2024 Person of the Year After Presidency Win, Surviving Assassination Attempts
Dec 13, 2024, 02:52 AM
Donald Trump has been named Time Magazine's Person of the Year for 2024, marking his second time receiving the honor following his historic return to the U.S. presidency. The magazine cited his profound impact on American politics, highlighting his leadership in orchestrating "a historic comeback" and a "once-in-a-generation political realignment" that reshaped the presidency and altered America's role in the global economy. Trump, alongside Vice President-elect JD Vance, expressed gratitude for the recognition, remarking, "I think I like this cover more this time," while also referencing Time's 2016 cover that labeled him "president-elect of the Divided States of America." Following the announcement, Trump became the first president since Ronald Reagan to ring the opening bell at the New York Stock Exchange, where he and Vance received a warm welcome from traders. During his appearance, he outlined plans to rebuild the economy by streamlining approval processes, pledging to reduce the corporate tax rate from 21% to 15%, and discussing cuts on capital gains and dividend taxes. He also vowed to pardon January 6 defendants "in the first hour" of his presidency. Trump's selection as Person of the Year came after surviving assassination attempts and sparked varied reactions, including criticism from media figures like Don Lemon.
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