It is celebrated every year on the second Monday of October.
Trump's proclamation urges the U.S.to celebrate Christopher Columbus' spirit of discovery of the Americas, a contrast to former President Barack Obama's document a year ago, which acknowledged both Columbus' drive to explore and the suffering of Native Americans.
The discovery of the New World started an unprecedented wave of human migration from the tyrannical regimes of the Old World, where many people were persecuted, to a new continent and a new life.
"The Knights of Columbus joins the vast majority of Americans in celebrating Columbus Day", said Supreme Knight Carl Anderson, the organization's CEO.
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Several states, including Texas and California, do not recognize Columbus Day as a paid holiday for its government employees.
Minnesota, Alaska, and Vermont all celebrate Indigenous Peoples Day instead of Columbus Day. Additionally, he requested that the flag of the United States be displayed on public buildings in honor of the day.
Italian Americans see the move to scrap the holiday as an affront to their ethnic heritage.
Columbus Day in recent years has sparked a discussion on whether the holiday should even be called that anymore.
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It's important for the Italian-American community. Meanwhile, Catholic communities in this country's largest cities began organizing annual religious ceremonies and parades to observe Columbus Day. There are some states that limit their observations.
You can go on and on about how great he was or how terrible, but at the end of the day a group of people appreciate this holiday and a group dislikes it. While not all businesses are closed, some of them are.
On the 300th anniversary of Columbus' landing, the Society of St. Tammany, or the Columbian Order, organized the first celebration of Columbus Day on October 12, 1792, according to the Library of Congress.
By a 4-1 vote, the county's Board of Supervisors ordered the day of remembrance renamed by 2019, will change all references in official documents and calendars, and urged school boards to do the same. But in more than 50 US cities, along with a few universities, counties and states, it's not. Libraries and some banks are closed. There will be no mail service from the Post Office.
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"It's attractive that Berkeley declared it Indigenous Peoples' Day, but I think it's even more important that we recognize that this holiday and the people who are recognized by it exist", Worthington said.