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 “Texas House Democrats Call for Federal Action on Voting Rights After Walkout” – below is their description.
Texas Democrats’ flight out of state temporarily scuttled Republican efforts to tighten ballot access, increasing national focus on an issue that has swept GOP-led legislatures. The plan — last tried during a 2003 redistricting fight — has no good exit strategy.
The escape from Austin to Washington denied Republican Governor Greg Abbott the quorum to vote on legislation in a special session he called after Democrats walked out of the regular one in May. But Abbott can convene an unlimited number of 30-day special sessions. And two looming issues may persuade enough Democrats to return: redistricting and a measure to pay lawmakers and their staffs. Without a vote, the legislature will run out of cash at the end of the fiscal year on Aug. 31.
“They seem pretty emboldened — they got on an airplane to fly to Washington. That’s a pretty aggressive step,” said Randall Erben, an adjunct professor at the University of Texas School of Law and a former legislative director for Abbott. “My sense is that they’re postponing the inevitable.”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).