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 “Senate Braces to Make Changes to $15 Federal Minimum Wage Measure” – below is their description.
With Donald Trump’s impeachment trial behind them, Democrats are quickly pivoting back to President Joe Biden’s priorities, particularly his $1.9 trillion stimulus plan and confirming the rest of his cabinet.
Lawmakers face a short turnaround to approve another round of stimulus payments, jobless compensation and funding for schools and vaccines before key benefits from the last round of pandemic aid expire on March 14. In less than four weeks, Democrats must pass a bill out of the House and get all 50 Senate Democrats to back the legislation.
That will likely require amending some provisions, such as the $15 federal minimum wage requirement, that at least two Democratic Senators — Kyrsten Sinema of Arizona and Joe Manchin of West Virginia — say they won’t support. Any changes made in the Senate would mean that the bill would have to go back to the House for another vote.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).
2 Recent Items: Democrats
In This Story: Minimum wage
Minimum wage is the concept, in some jurisdictions enshrined in law, that employees should earn a minimum amount per hour worked.