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: Systemic Racism Is ‘Corrosive, Destructive and Costly'” – below is their description.
Following through on his campaign promise of making combating racial injustice a central focus of his presidency, President Joe Biden signed a series of orders and memorandums Tuesday.
“Now is the time to act, ” on racial justice Biden said, before signing the orders.
Throughout his campaign and transition, Biden promised that his administration would keep issues of equity — as well as climate change, another issue he views as an existential crisis — in the shaping of all policy considerations.
Biden has spent the first days of his presidency issuing a barrage of executive orders and directives addressing the coronavirus pandemic and dismantling some of former President Donald Trump’s key initiatives. But under a carefully sketched-out plan revealed before his inauguration, aides said he would seek to turn the spotlight on equity during his first full week in office.
Biden ordered the Department of Justice to end its reliance on private prisons and acknowledge the central role the government has played in implementing discriminatory housing policies.
The new orders will recommit the federal government to respect tribal sovereignty and disavow discrimination against the Asian American and Pacific Islander community over the coronavirus pandemic.
Biden will also direct the Department of Housing and Urban Development to take steps necessary to promote equitable housing policy.
The order to end the reliance on privately run prisons directs the attorney general not to renew Justice Department contracts with privately operated criminal detention facilities. The move will effectively revert the Justice Department to the same posture it held at the end of the Obama administration.
The order highlighting xenophobia against Asian Americans is in large part a reaction to what a senior administration official called “offensive and dangerous” rhetoric from the Trump administration that Biden believes need to be addressed. Trump, throughout the pandemic, repeatedly used xenophobic language in public comments when referring to the coronavirus.Bloomberg Quicktake: Now YouTube Channel
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In This Story: Climate Change
Climate Change is the name commonly given to the notion that the Earth is undergoing a changing climate as a result of human activity, including notable leaders, scientists and naturalists including Sir David Attenborough.
Climate change includes both the global warming driven by human emissions of greenhouse gases, and the resulting large-scale shifts in weather patterns.
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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.
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The Pacific Ocean is the largest and deepest of Earth’s oceanic divisions. It extends from the Arctic Ocean in the north to the Southern Ocean in the south and is bounded by the continents of Asia and Australia in the west and the Americas in the east