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PRESIDENT RINGS: Donald Trump OPENS Up NEW YORK STOCK EXCHANGE to Huge Applause #trump
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December 12, 2024
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1:01Now PlayingPresident-elect Donald Trump on Thursday rang the opening bell at the New York Stock Exchange.
The Republican built his fortune as a New York real estate investor before turning to politics. During his first term as president, he measured his success in part by the strength of the stock market, which has so far welcomed his re-election.
The ringing of the bell signifies the start or closing of the trading day at the world’s largest stock exchange, and is considered an honor. The act has historically been reserved for company executives celebrating an initial public offering or other major corporate milestones, but celebrities and politicians like Ronald Reagan, Nelson Mandela and Arnold Schwarzenegger have also rung it.
President-elect Donald Trump was named Time's Person of the Year on Thursday, in recognition of his stunning political comeback and a historic year when he weathered assassination attempts and felony convictions.
"For marshaling a comeback of historic proportions, for driving a once-in-a-generation political realignment, for reshaping the American presidency and altering America's role in the world, Donald Trump is Time's 2024 Person of the Year," the magazine wrote.
It was widely expected Time would pick Trump; the magazine has bestowed the honor on the winner of that year's presidential election in every race since George W. Bush in 2000. Trump was also named Person of the Year in 2016 when he first won the White House. To mark the occasion, he will ring the opening bell at the New York Stock Exchange on Thursday morning.
Trump became just the second U.S. president after Grover Cleveland to win non-consecutive terms after he defeated Vice President Kamala Harris in November. After easily clinching the Republican nomination, Trump expected a rematch with President Biden, but Biden was forced to drop out under intense pressure from Democrats after a disastrous debate performance in June.
Harris quickly took his place atop the Democratic ticket in July, setting up a furious campaign fight to the finish. In a race that pollsters kept calling one of the closest ever, Trump won a decisive victory in the Electoral College, capturing all seven major battleground states.
Making the win sweeter for him, he won the popular vote as well, leaving Democrats dazed and facing a daunting 2025 where Republicans will control the White House and both chambers of Congress. Trump made significant gains in blue states, in addition to making in-roads with Latino and Black voters.
But on July 13 this year, the 45th and future 47th president came just centimeters from dying. A would-be assassin fired shots at Trump as he held a rally in Butler, Pa, wounding him and hitting three others, one fatally. One bullet clipped Trump's ear, and as Secret Service sought to hurry the bleeding candidate from the stage, he held his fist in the air and yelled "Fight!" at roaring supporters.
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