Donald Trump leveraged his reputation as a prosperous New York entrepreneur to rise to fame, becoming a celebrity, a reality TV star, and ultimately the president. He will now enjoy one of the most prominent symbols of achievement in the city when he rings the opening bell at the New York Stock Exchange on Thursday, as he has also been named Time Magazine’s Person of the Year.
According to four sources familiar with his plans, Trump is anticipated to be on Wall Street to commemorate the ceremonial beginning of the day’s trading. He is set to be revealed on Thursday as Time’s 2024 Person of the Year, as per an individual familiar with the choice.
The individuals who verified the stock exchange event and Time award were not permitted to speak about it publicly and communicated with The Associated Press under the condition of anonymity.
It will be a significant instance of dual acknowledgments for Trump, a native New Yorker who has occasionally viewed the stock market as an indicator of public support and has long been valued symbols of his achievements in New York’s business sector and his features on magazine covers, particularly Time.
In 2016, Trump was recognized as the magazine’s Person of the Year, coinciding with his initial election to the White House. He had already been selected as a finalist for this year’s award alongside Vice President Kamala Harris, X owner Elon Musk, Israeli Prime Minister Benjamin Netanyahu, and Kate, the Princess of Wales.
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Time chose not to verify the decision before the announcement scheduled for Thursday morning.
“Time does not comment on its annual choice for Person of the Year prior to publication,” a spokesperson for the magazine said Wednesday.
The ringing of the bell serves as a strong symbol of US capitalism, making for a great photographic chance in New York. Even with his many years as a businessman in New York, Trump has not done it previously.
It was uncertain if Trump, a Republican, would sit down with New York’s troubled mayor, Democrat Eric Adams, who has become more favorable toward Trump and hasn’t dismissed the idea of switching his political affiliation.
