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 “Donald Trump Impeachment: Can the Republican Party Survive New Rift?” – below is their description.
Republicans in Congress are about to undergo the biggest test of their loyalty to Donald Trump.
One week after a mob laid siege to the U.S. Capitol, the House is set to vote today on a history-making second impeachment of the president, as lawmakers seethe over his role in inciting the attack.
Alongside support from Democrats, the effort has the public backing of several Republicans, including Liz Cheney, the No. 3 House GOP leader and daughter of former Vice President Dick Cheney.
Even Senate Republican leader Mitch McConnell has told associates he is privately pleased with the impeachment push and believes it will make it easier to purge the party of Trump’s influence, according to the New York Times.
Trump’s unlikely to be convicted in the Senate or forced out of office before his replacement Joe Biden is inaugurated in a week’s time, in part because some in his party remain wary of alienating his supporters. But it shows how much the Capitol violence has eroded the president’s once-firm control over Republicans.
A defiant Trump, who still rejects any responsibility for the insurrection, spoke yesterday in Texas in front of a new section of Mexico border wall, where he warned of further unrest if Congress dares to impeach him.
With the final days of a chaotic presidency potentially the most turbulent yet, there’s one thing that’s certain to outlast Trump’s tenure in Washington: The fissures that have opened among Republicans portend a protracted power struggle over the party’s future.Bloomberg Quicktake: Now YouTube Channel
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