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 “Trump Won’t Say Whether He Still Has Confidence in Barr” – below is their description.
President Donald Trump continued to spout unsubstantiated voter fraud claims Thursday, insisting anew, and falsely, that the election was “rigged.”
The president made the comments during a Medal of Freedom ceremony honoring former football coach Lou Holtz in the Oval Office.
Trump reiterated much of the same litany of misinformation and unsubstantiated allegations of voter fraud that he has been making for the past month, again insisting it was “the most fraudulent election that anyone’s ever seen.”
Asked about the comments made earlier this week by Attorney General Bill Barr, who told The Associated Press that he has not seen any evidence of voter fraud that would have overturned the election results, Trump said it was because “he hasn’t done anything, so he hasn’t looked. When he looks, he’ll see the kind of evidence.”
Trump wouldn’t say whether he still has confidence in Barr, responding only, “Ask me in a number of weeks from now.”
Trump’s continued false claims raise questions about how far he may be willing to go in his campaign to overturn Biden’s win, including whether he might press Republicans in Congress to block certification of the vote, a move that’s been floated by the president’s allies.
Biden received a record 81 million votes compared to 74 million for Trump. The Democrat also won 306 electoral votes compared to 232 for Trump. The Electoral College split matches Trump’s victory over Hillary Clinton four years ago, which he described then as a “landslide.”Bloomberg Quicktake: Now YouTube Channel
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In This Story: Donald Trump
Donald John Trump is the 45th and current president of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in Queens, a borough of New York City, and received a bachelor’s degree in economics from the Wharton School.
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In This Story: Electoral College
The United States Electoral College is the group of presidential electors required by the Constitution to form every four years for the sole purpose of electing the president and vice president. Each state appoints electors equal in number to its congressional delegation. Federal office holders cannot be electors.
Of the current 538 electors, an absolute majority of 270 or more electoral votes is required to elect the president and vice president. If no candidate achieves an absolute majority there, a contingent election is held by the United States House of Representatives to elect the president, and by the United States Senate to elect the vice president.
The appropriateness of the Electoral College system is a matter of ongoing debate. Supporters argue that it is a fundamental component of American federalism by preserving the Constitutional role of the states in presidential elections. Candidates must appeal to a broad and diverse set of states rather than focusing only on the few U.S. cities with the highest population densities.
Critics argue that the Electoral College system is less democratic than a direct popular vote and that the College violates the democratic principle of “one person, one vote.” Thus, a president may be elected who did not win the national popular vote, as occurred in 1824, 1876, 1888, 2000, and 2016.