'Not good enough,' Warren says of Bloomberg's non-disclosure agreement pledge

Published 02/22/2020, 06:19 AM
© Reuters. FILE PHOTO: Former New York City Mayor Bloomberg talks with Senator Warren at the ninth Democratic 2020 U.S. Presidential candidates debate in Las Vegas Nevada, U.S.

By Amanda Becker and Simon Lewis

WASHINGTON/LAS VEGAS (Reuters) - Democratic U.S. presidential candidate Michael Bloomberg said on Friday that his company has identified three women bound by non-disclosure agreements regarding his past conduct and that they would be released from their accords if they choose.

In a statement, Bloomberg, who runs media conglomerate Bloomberg LP, said the agreements concern "comments they said I had made," and that the women should contact his company for a release.

The agreements have been a source of fierce criticism from rival candidate U.S. Senator Elizabeth Warren, who called on Bloomberg to release the women from the agreements during the presidential debate in Las Vegas on Wednesday and again at a televised town hall on Thursday, saying she had drawn up a "release and covenant" that the former New York City mayor could use.

"That's just not good enough," Warren told reporters while campaigning in Las Vegas on Friday.

"Michael Bloomberg needs to do a blanket release so that all women who have been muzzled by non-disclosure agreements can step up and tell their side of the story in terms of what Michael Bloomberg has done," she said.

When challenged by Warren at the debate, Bloomberg had said of the non-disclosure agreements: "None of them accuse me of doing anything other than maybe they didn't like a joke I told."

Bloomberg also said on Friday that he was ending the company's long-standing practice of requiring such confidentiality agreements when settlements are reached with employee complaints related to sexual harassment.

"I've done a lot of reflecting on this issue over the past few days, and I've decided that for as long as I'm running the company, we won't offer confidentiality agreements to resolve claims of sexual harassment or misconduct going forward," he said.

The agreements, Bloomberg said, "promote a culture of silence in the workplace and contribute to a culture of women not feeling safe or supported."

The campaign of former Vice President Joe Biden, who joined Warren's calls to release the women from the agreements during Wednesday's debate, said Bloomberg's pledge "essentially tells the public nothing."

"Horror stories abound in the public record about the culture at Bloomberg LP under Mayor Bloomberg's leadership," Biden spokeswoman Kate Bedingfield said in a statement.

© Reuters. FILE PHOTO: Former New York City Mayor Bloomberg talks with Senator Warren at the ninth Democratic 2020 U.S. Presidential candidates debate in Las Vegas Nevada, U.S.

"We don't know how many women signed these NDAs, what percentage of NDAs this represents, or what categories of signed NDAs exist that are excluded," she added.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.