Name: Trump Rings NY Stock Exchange Opening Bell to 'USA' Chant
Uploaded: 2024-12-13T02:31:37.000Z
Description: President-elect Donald Trump rang the New York Stock Exchange (NYSE) opening bell to cheers from floor traders and business leaders on Dec. 12.

NTD Newsroom comprises teams of reporters, editors, and producers assigned to cover breaking news and other stories.


NTD Newsroom

NTD Plus

News

News you can trust from the U.S. and around the world. Critical information and insight. We cover the stories that others don’t. NTD News Today airs Monday–Friday at 11 a.m. ET.

NTD News Today

FDA Approves New Cholesterol Pill

Newborn Giraffe Gets Named After World Cup Star

Federal Panel Reviews White House Security Plans

Ukraine Parliament Approves Sergii Koretskyi as Prime Minister

Andrew Thomas is a reporter for NTD News primarily covering business, the economy, and technology. 

Andrew Thomas

US Trade Negotiations With Switzerland Make Progress: Greer

Stefania Cox is an NTD News anchor and national correspondent based at the network's global headquarters in New York City. Stefania anchors "NTD Newsroom," and co-anchors "NTD News Today" weekdays at 10:00 am ET.

Stefania Cox

Acting Labor Secretary Keith Sonderling’s Confirmation Hearing Showed His More Flexible Regulatory Philosophy: Analyst

Rudy Blalock is a Southern California-based daily news reporter for NTD. Originally from Michigan, he moved to California in 2017 and the sunshine and ocean have kept him here since. In his free time, he may be found underwater scuba diving, on top of a mountain hiking or snowboarding, or at home meditating—which helps fuel his active lifestyle.

Rudy Blalock

US News

FBI's 'Operation Summer Heat 2.0' Reaches Halfway Point With 1,500 Arrests, 120 Children Located

Todd Blanche Confirmation Hearing Showcases Meaningful, Measurable Outcomes: Expert

New Cases Decline in NYC Legionnaires’ Disease Outbreak

Israel, Lebanon Resume Peace Talks in Rome

NTD News Today Full Broadcast (July 17)

NTD News Today Full Broadcast (July 16)

NTD News Today Full Broadcast (July 15)

Kevin Hogan is an NTD News data reporter and national correspondent based at the network's global headquarters in New York City. Kevin covers breaking news, as well as U.S. and global current events. He conveys the news through data visualizations and investigates pressing issues.

Kevin Hogan

NTD News Today Full Broadcast (July 14)

NTD News Today Full Broadcast (July 13)

NTD News Today Full Broadcast (July 10)

NTD News Today Full Broadcast (July 9)

NTD News Today Full Broadcast (July 8)

NTD News Today Full Broadcast (July 7)

NTD News Today Full Broadcast (July 6)

Tom Gantert is a reporter for The Epoch Times.

Tom Gantert

Melina Wisecup is NTD's congressional correspondent based in Washington, covering Capitol Hill and campaign politics.

Melina Wisecup

Politics

Executive Branch

Trump Uses Recent Speeches to Warn Americans of Resurging Communism

NTD+ is a streaming platform featuring exclusive programming, investigative news analysis, and award-winning documentaries.


NTD+

Shorts

Alleged Reflecting Pool Vandalism Caught on Video

Iran's Football Team Leaves Note of Friendship

Melanie is a reporter and editor covering world news. She has a background in environmental research.

Melanie Sun

State News

California

California Governor, LA Mayor Declare Emergency Over Warehouse Fire

The Associated Press is an American not-for-profit news agency headquartered in New York City. 

The Associated Press

Sen. Lindsey Graham Likely Died After Aorta Tear, Medical Examiner Says

Jack Phillips is a breaking news reporter with 15 years experience who started as a local New York City reporter. Having joined The Epoch Times' news team in 2009, Jack was born and raised near Modesto in California's Central Valley. 

Jack Phillips

World News

Middle East

UN Maritime Group to Rescue 11,000 Sailors Stranded in Middle East

Joseph Lord is a congressional reporter for The Epoch Times.


Joseph Lord

Congress

House Passes Legislation to Make Daylight Saving Time Permanent

Mary Man is a writer for NTD. She has traveled around the world covering China, international news, and arts and culture.

Mary Man

China News

China Floods: Thousands at Risk After Multiple Dams Collapse in Guangxi

Los Angeles Warehouse Fire Prompts Shelter-in-Place Orders

Aldgra Fredly is a freelance writer covering U.S. and Asia Pacific news for The Epoch Times.

Aldgra Fredly

Arleen Richards is NTD's legal correspondent based at the network's global headquarters in New York City, where she covers all major legal stories. Arleen holds a Doctor of Law (J.D.).


Arleen Richards

Gabbard Releases Documents on Fauci’s Alleged Role in Wuhan Lab Research Linked to COVID

President-elect Donald Trump rang the New York Stock Exchange (NYSE) opening bell to cheers from floor traders and business leaders on Dec. 12.

Vice President-elect JD Vance, incoming First Lady Melania Trump, NYSE President Lynn Martin, and Trump's two daughters, Ivanka and Tiffany, flanked him. He also looked upon various incoming administration officials and a crowd of prominent business leaders, including Goldman Sachs CEO David Solomon and hedge fund manager Bill Ackman.

Trump became the first president since Ronald Reagan to ring the bell at the world's largest stock exchange. The occasion, which represents the start or close of the trading day, is considered an honor and typically reserved for executives filing an initial public offering or celebrities and politicians.

Before the event, the president-elect held a brief news conference, during which he acknowledged being named Time magazine's "Person of the Year" following his 2024 presidential victory. This is the second time he has received the publication's title.

"This is an honor, a tremendous honor. I brought some of our compatriots along with us. They're going to do a beautiful job for you for the next four years, and it's really been something very special," Trump said, surrounded by incoming administration officials Scott Bessent, Robert F. Kennedy Jr., and others.

"Time Magazine, getting this honor for the second time, I think I like it better this time, actually."
<h2>‘A Tremendous Run’</h2>
He promised that the United States would "have a tremendous run" but said his administration would have to "straighten out some big problems in the world," referring to the Ukraine–Russia conflict and the situation in the Middle East.

Looking ahead, Trump said he is confident that the economy will be robust in his second term in the White House.

The president-elect repeated his promise to lower the corporate tax rate to 15 percent if companies produce their products in the United States. Otherwise, it would remain at the current 21 percent.

Trump also reiterated his idea to expedite approvals and permits if businesses or individuals <a href="https://www.theepochtimes.com/us/trump-pledges-to-accelerate-approvals-for-projects-worth-1-billion-or-more-5774262">invest $1 billion or more</a> in the United States. The president-elect first shared this on Truth Social earlier this week.

He said these plans would be enough to bring American companies back to the country and encourage current businesses to stay.

"For those that are running the big companies, those great, big, beautiful companies, nobody's going to be leaving us. You're going to be coming back. You're going to be bringing it back to the United States. We are incentivizing everybody to come back to the United States," he said.

Another reason companies will want to invest in the United States is the country's vast oil and gas reserves, he said, repeating his plan to expand drilling and production. This, Trump says, will help lower inflation, bring down food prices, and ensure the public can afford groceries.

The United States currently produces more than 13 million barrels per day of crude oil, and prices on the New York Mercantile Exchange currently trade at around $70 per barrel.

Food inflation has been a significant issue over the past few years. Since January 2021, food costs have soared 23 percent cumulatively.

"We're going to take care of our people, and we're going to do things that nobody ever thought even were possible, but we're going to have an economy the likes of which nobody's ever seen before," he said.

Speaking to CNBC host Jim Cramer after the opening bell chimed, Trump championed cryptocurrency and endorsed a bitcoin reserve similar to the Strategic Petroleum Reserve.

"We're going to do something great with crypto because we don't want China or anybody else. Others are embracing it, and we want to be ahead. We're going to be ahead of AI," he said.

The United States needs to produce enormous amounts of electricity to achieve these aims, Trump noted.

"We need more than twice what we already have for a specific industry, but we're going to be able to do it," he said.

Bessent also spoke to CNBC’s Cramer, stating that the incoming administration will benefit Wall Street and Main Street.

“I think we’re going to see under President Trump [that] Wall Street can win and Main Street can win, just like we did in Trump 1.0. Everybody can do great,” Bessent said.

<em>From <a href="https://www.theepochtimes.com/business/trump-rings-ny-stock-exchange-opening-bell-to-usa-chant-5775277">The Epoch Times</a></em>

Latest

trump

New York

Videos

stock

Business News

04_Top Stories

Latest Clips

Management

Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."

Andrew Moran

Donald Trump

Chris Beers is an NTD News anchor and political correspondent based at the network's global headquarters in New York City. Chris co-anchors "NTD News Today" weekdays at 10:00 am ET.

Chris Beers

Latest and breaking news, documentaries, movies, and lifestyle content on NTD+.
 
Empower your knowledge and elevate your spirit with NTD+, your go-to destination for truthful news, insightful documentaries, and captivating lifestyle content that enriches your life.

Trump Rings NY Stock Exchange Opening Bell to 'USA' Chant

Cary Dunst is the news anchor for NTD Evening News. He is also the co-host of NTD Good Morning.


Cary Dunst

Special Coverage

[LIVE July 23 at 11:30 AM ET] 2026 Rally and March to End the Persecution of Falun Dafa

We present news that is truthful and based on facts, outside of the political fog. Instead of focusing on the negative things happening around us, our mission is to give our viewers a good morning with empathetic and uplifting stories. Our aim is to provide an antidote to negativity by shining a light on the best side of people. We speak to inspiring people who positively impact communities, pursue topics that represent our common human values, and will never miss an opportunity to bring you heartwarming stories.

NTD Good Morning

NTD Good Morning Full Broadcast (July 17)

News with integrity, from the United States and around the world. Focused reports and analyses that shed light on major issues the world deserves to know. NTD Evening News airs daily at 6 p.m. ET.

NTD Evening News

NTD Evening News Full Broadcast (July 16)

Tiffany Meier is an anchor, China news investigative reporter, and producer for NTD News based at the network's global headquarters in New York City. Tiffany anchors NTD's flagship shows "NTD Evening News" and "China in Focus" and co-moderates NTD's special election coverage "The Nation Decides." She produced the award-winning NTD Original documentary "Hollywood Takeover: China's Control in the Film Industry."
