Trump Named Time's Person of the Year Again, First Since Reagan to Ring NYSE Bell

Dec 12, 2024, 11:48 PM

President-elect Donald Trump has been named Time magazine's Person of the Year for 2024, marking the second time he has received this honor. Time's editor-in-chief Sam Jacobs praised Trump for leading a 'historic comeback' and reshaping American politics, noting his 'unparalleled' impact on the nation's political landscape. To commemorate the accolade and his recent election victory, Trump rang the opening bell at the New York Stock Exchange (NYSE) on Thursday, becoming the first president-elect to do so since Ronald Reagan in 1985. Greeted with chants of 'USA' on Wall Street, he expressed optimism about the economy, pledged to lower the corporate tax rate from 21% to 15%, and discussed potential cuts on capital gains and dividend taxes.