About This Source - Bloomberg QuickTake: Now
Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.
It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
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Bloomberg Quicktake: Now published this video item, entitled “Biden Administration Seeks 5-Year Extension of Nuclear Arms Treaty with Russia” – below is their description.
The Biden administration is proposing to Russia a five-year extension of the New START treaty limiting the number of U.S. and Russian strategic nuclear weapons.
White House Press Secretary Jen Psaki confirmed the proposal during Thursday’s briefing to reporters.
President Joe Biden’s national security adviser Jake Sullivan planned to convey the extension proposal to Russia’s ambassador to the U.S., Anatoly Antonov, on Thursday afternoon, said one official, who spoke on condition of anonymity to discuss a matter not yet publicly announced by the administration.
The move, providing an early signal of Biden’s intent to pursue arms control, is almost certain to be welcomed both by Russia and key American allies. NATO Secretary-General Jens Stoltenberg on Thursday called on the United States and Russia to extend the treaty and to later broaden it.
The treaty is set to expire Feb. 5 and is the last remaining agreement constraining U.S. and Russian nuclear weapons. Signed in 2010 by President Barack Obama and Russian President Dmitry Medvedev, it limits each country to no more than 1,550 deployed nuclear warheads.
Asked by reporters about garnering Republican support for White House COVID relief, Psaki said Biden feels his current proposal is “designed for bipartisan support.”
She also said the White House wanted Congress to move forward on impeachment for former President Donald Trump in a way that would not impact action on a coronavirus relief package.Bloomberg Quicktake: Now YouTube Channel
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