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.
Recent from Bloomberg QuickTake: Now:
Bloomberg Quicktake: Now published this video item, entitled “Biden Raises U.S. Refugee Cap to 62,500 After Backlash for Keep Trump Limit” – below is their description.
President Joe Biden is formally lifting the nation’s refugee cap to 62,500 this year, weeks after facing bipartisan blowback for his delay in lifting former President Donald Trump’s limit of 15,000.
Biden last month moved to expand the eligibility criteria for resettlements, removing one roadblock to refugees entering the U.S. put in place by Trump, but he had initially stopped short of lifting the annual cap, with aides saying they did not believe it was necessary. But Biden faced sharp pushback for not at least taking the symbolic step of authorizing more refugees to enter the U.S. this year and swiftly reversed course.
Biden, in a statement, said the new limit “erases the historically low number set by the previous administration,” adding that Trump’s cap “did not reflect America’s values as a nation that welcomes and supports refugees.”
“It is important to take this action today to remove any lingering doubt in the minds of refugees around the world who have suffered so much, and who are anxiously waiting for their new lives to begin,” Biden added.
Biden said it was a “sad truth” that the U.S. would not meet the 62,500 cap by the end of the fiscal year in September, given the pandemic and limitations on the country’s resettlement capabilities — some of which his administration has attributed to the Trump administration’s policies to restrict immigration. That said, they maintain Biden remains committed to setting the cap at 125,000 for the 2022 fiscal year that starts in October, while they were working to improve U.S. capabilities to process refugees to be able to accept as many of them as possible under the new cap.
Secretary of State Antony Blinken notified Congress on Feb. 12 of a plan to raise the ceiling on admissions to 62,500, but no presidential determination followed. In an emergency declaration on April 16, Biden stated the admission of up to 15,000 refugees set by Trump this year “remains justified by humanitarian concerns and is otherwise in the national interest.”
“Failing to issue a new Determination undermines your declared purpose to reverse your predecessor’s refugee policies,” New Jersey Democratic Senator Bob Menendez, the chairman of the Senate Foreign Relations Committee, wrote in a letter to Biden.
The new allocation instituted by Biden added more slots for refugees from Africa, the Middle East and Central America and ended Trump’s restrictions on resettlements from Somalia, Syria and Yemen.Bloomberg Quicktake: Now YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.
In This Story: Donald Trump
Donald John Trump was the 45th President of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in Queens, a borough of New York City, and received a bachelor’s degree in economics from the Wharton School.
5 Recent Items: Donald Trump
In This Story: Joe Biden
Joe Biden is an American politician serving as the 46th and current president of the United States. A member of the Democratic Party, he served as the 47th vice president from 2009 to 2017 under Barack Obama and represented Delaware in the United States Senate from 1973 to 2009.
He is married to Dr Jill Biden.