10 things you need to know today: December 7, 2016

Time names Trump its Person of the Year, Obama cautions against changing counterterrorism strategy, and more

1. Trump named Time's Person of the Year

Time named Donald Trump as Person of the Year on Wednesday morning "for reminding America that demagoguery feeds on despair and that truth is only as powerful as the trust in those who speak it, for empowering a hidden electorate by mainstreaming its furies and live-streaming its fears, and for framing tomorrow's political culture by demolishing yesterday's." The president-elect beat out Hillary Clinton as well as Olympic gold medalist Simone Biles, Russian President Vladimir Putin, musician Beyoncé Knowles, and others. Time annually aims to select the person or idea that has had the greatest impact on the news and world in the past year, a tradition it has followed since 1927. German Chancellor Angela Merkel was Time's Person of the Year in 2015 due to her leadership in the Syrian refugee crisis and the Europe debt crisis.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.