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 to Announce Executive Orders to Tighten Gun Restrictions Thursday” – below is their description.
President Joe Biden on Thursday will announce that he’s taking executive actions to tighten gun restrictions, including stopping the proliferation of so-called ghost guns, according to administration officials.
Currently people can buy kits that contain the components and directions to put together firearms in as little as 30 minutes, one of the officials said, and using them to commit crimes. The weapons, known as ghost guns, can’t be traced by law enforcement because they don’t have serial numbers.
Biden has been under pressure to address gun violence since shootings last month at a supermarket in Boulder, Colorado, and at spas in Georgia. Biden has urged lawmakers to pass gun-control measures that are widely opposed by Republicans.
Biden’s action on Thursday will tell the Justice Department, within 60 days, to issue a proposed rule making clear that when a stabilizing brace is used to effectively turn a pistol into a short-barreled rifle, it is subject to the requirements of the National Firearms Act. The suspect in the Boulder shooting, in which 10 people were killed, used a pistol with an arm brace, according to the authorities, making the weapon more stable and accurate.
Biden also will announce that he’s allocating funds for community violence intervention and prevention programs. Such programs have been established in urban communities with the goal of heading off conflicts that can lead to violence and helping people at risk of committing offenses. Biden has proposed $5 billion over eight years for community intervention funding as part of his American Jobs Plan.Bloomberg Quicktake: Now YouTube Channel
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Colorado, a western U.S. state, has a diverse landscape of arid desert, river canyons and snow-covered Rocky Mountains, which are partly protected by Rocky Mountain National Park. Elsewhere, Mesa Verde National Park features Ancestral Puebloan cliff dwellings. Perched a mile above sea level, Denver, Colorado’s capital and largest city, features a vibrant downtown area.
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