Official U.S. government tax policy announcements or legislation records

Trump Named Time's Person of the Year 2024, Rings NYSE Bell After Historic Comeback

Dec 13, 2024, 05:40 AM

Donald Trump, having won the 2024 US Presidential Election, was named Time magazine's 'Person of the Year' for the second time, following his initial recognition in 2016. This accolade comes in recognition of his historic political comeback, overcoming assassination attempts and felony convictions. Trump celebrated this honor by ringing the opening bell at the New York Stock Exchange, where he outlined his plans for tax cuts, aiming to reduce rates to 15% for manufacturing businesses. His victory over Vice President Kamala Harris was marked by his ability to capture all seven major battleground states and secure both the popular vote and the Electoral College. The event at the NYSE was attended by his wife Melania Trump, Treasury Secretary nominee Scott Bessent, Department of Health and Human Services Secretary nominee Robert F. Kennedy, Jr., and Time CEO Jessica Sibley. Trump's plans include imposing tariffs on imports, deporting millions, and addressing inflation, with Mark Zuckerberg donating one million dollars to his inauguration fund.