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 “Schumer Faces First Big Test as Senate Takes Up Biden’s $1.9 Trillion Stimulus” – below is their description.
The Senate parliamentarian approved provisions in Joe Biden’s $1.9 trillion pandemic-relief bill aiding multi-employer pensions and providing laid-off workers with health-care premium subsidies.
Those rulings come after the parliamentarian said last week that a proposed minimum-wage increase didn’t qualify for inclusion under the fast-track legislative process Democrats are using to proceed without Republican support.
Moderate Democratic senators are looking to make the package more targeted to the neediest Americans, as the chamber takes up the bill following last week’s passage in the House.
The House passed the aid legislation early Saturday, and Democratic congressional leaders intend to send it to Biden by March 14. Senate Majority Leader Chuck Schumer said Monday his chamber would take the bill up after voting to confirm Biden administration officials on Monday and Tuesday. There are “late nights” ahead, he said.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).