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 “D.C. Statehood Bill Passes House, Likely to Stall in Senate” – below is their description.
A decades-long movement to reshape the American political map took a further step Thursday as the House of Representatives approved a bill to make the nation’s capital the 51st state.
Voting along party lines with minority Republicans in opposition, the House approved the bill 216-208. That’s likely the easy part, though. The proposal faces a far tougher fight in the Senate, where simple Democratic control of the chamber won’t be enough.
The legislation proposes creating a 51st state with one representative and two senators, while a tiny sliver of land including the White House, the U.S. Capitol and the National Mall would remain as a federal district. Instead of the District of Columbia, the new state would be known as Washington, Douglass Commonwealth — named after famed abolitionist Frederick Douglass, who lived in Washington from 1877 until his death in 1895.
An identical statehood bill passed the House in 2020, but it quickly died in the then-Republican-controlled Senate. Now, with the 2020 elections leaving Democrats in control of both chambers and the White House, Republican senators may resort to a filibuster to stymie the statehood bill.Bloomberg Quicktake: Now YouTube Channel
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In This Story: Democrats
“Democrats” usually refers to the The Democratic Party of the United States – one of the two major political parties in the country, along with its main, historic rival, the Republican Party.
It was founded on 8th January 1828 and has its contemporary headquarters in Washington, D.C., United States. The present leadership is Nancy Pelosi (Party leader) and Jaime Harrison (Party chair).
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In This Story: Republicans
The Republican Party, sometimes also referred to as the GOP (Grand Old Party), is one of the two major contemporary political parties in the United States, along with its main, historic rival, the Democratic Party.
It was founded on 20th March 1854 and has its contemporary headquarters in Washington, D.C., United States. The present leadership is Ronna McDaniel (chairwoman).