Donald 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."

"It's a great honor," Trump told the Today show. "I've been lucky enough to be on the cover many times this year, and last year."

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