President-elect Donald Trump has been named TIME magazine’s 2024 “Person of the Year” following his historic political comeback and re-election, marking his second time receiving this honor since 2016. In earning TIME’s distinction, Trump fended off competition from notable figures including Vice President Kamala Harris and Elon Musk for the title, which has been awarded annually since 1927.
TIME Editor-in-Chief Sam Jacobs highlighted Trump’s unparalleled influence on the news and American politics, describing his resurgence as reshaping the presidency. Trump’s victory in the 2024 presidential election, in which he secured both the Electoral College and the popular vote, make him the second US president, after Grover Cleveland, to serve non-consecutive terms.
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Despite Trump’s accolades, the announcement has drawn criticism, with detractors arguing that his impact has been more negative, referencing past controversial figures who received the same title.
Trump celebrated the honor by ringing the opening bell at the New York Stock Exchange, a symbolic gesture for his political and financial success. Trump’s appearance at the NYSE is particularly notable as it will be his first time participating in this iconic ceremonial act, which has been a tradition for notable figures since the 1800s.
The ringing of the bell serves as a powerful emblem of US capitalism and reflects Trump’s narrative around economic leadership. This dual recognition is a testament to his complex relationship with both the public and the city that shaped his career.
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