President-elect Donald Trump was recognized for the second time by Time magazine as its person of the year.

The honors for the businessman-turned-politician are a measure of Trump’s remarkable comeback from an ostracized former president who refused to accept his election loss four years ago to a president-elect who won the White House decisively in November.

Before he was set to ring the New York Stock Exchange’s opening bell at 9:30 a.m., a first for him, Trump spoke at the exchange and called it “a tremendous honor.”

“Time Magazine, getting this honor for the second time, I think it like it better this time actually,” he said.