Ten hostages are safe after a tense 15-hour standoff at a downtown Bakersfield bank ended early Wednesday with the death of the suspect, authorities said.
"This will be remembered as the moment that everything began to change, and change very much for the better," Trump said.
As part of the ceasefire deal to end the two-year war, more than 1,900 Palestinian prisoners were released around the same time as the Israeli hostages.
Vice President JD Vance spoke with ABC's George Stephanopoulos on "This Week" regarding Hamas having 20 living hostages.
With the start of the ceasefire on Friday, the remaining hostages are expected to be released within 72 hours.
Israel and Hamas agreed to the first phase of a peace plan for Gaza, paving the way for a pause in the fighting and the release of the remaining hostages in exchange for Palestinian prisoners.