President-elect Donald Trump will ring the opening bell of the New York Stock Exchange (NYSE) on Thursday as TIME Magazine names him “Person of the Year.” This marks Trump’s second time receiving the honor, having first been named in 2016 following his initial election to the presidency.
Trump’s appearance at the NYSE, a ceremonial start to the trading day, underscores his influence as both a businessman and political leader. The ringing of the NYSE bell has been a powerful symbol of American capitalism since the 1880s. While Trump has never performed the honor before, former Republican President Ronald Reagan famously rang the bell in the 1980s, linking it to his administration’s economic policies and optimism about the U.S. economy.
Sources familiar with the plans confirmed Trump’s stock exchange appearance and TIME award. The announcement also listed other finalists for the honor, including Vice President Kamala Harris, X owner Elon Musk, Israeli Prime Minister Benjamin Netanyahu, and Princess Kate of Wales.
The NYSE often invites prominent figures to participate in the bell-ringing ceremony. Trump’s wife, Melania Trump, rang the opening bell during his first term to promote her “Be Best” initiative for children’s well-being. Last year, TIME CEO Jessica Sibley rang the bell to unveil the magazine’s 2023 Person of the Year, Taylor Swift.
TIME’s Person of the Year honors individuals who have significantly shaped global events over the past year. Trump’s recognition highlights his enduring influence as he prepares to enter the White House again. His appearance at the NYSE aligns with his image as a champion of U.S. economic growth and a prominent figure in American culture.
