Bloomberg BNA, formerly known as The Bureau of National Affairs, Inc. and BNA, is a wholly owned subsidiary of Bloomberg L.P. and a source of legal, tax, regulatory, and business information for professionals. It is headquartered in Arlington, Virginia. The company's CEO and president is Gregory C. McCaffery.
BNA was founded in 1929 by David Lawrence and became employee-owned in 1946. When it was acquired by Bloomberg in September 2011, it was the oldest employee-owned company in the United States.
BNA was founded in 1929 by newsman David Lawrence as a subsidiary of United States Daily, now known as the US News & World Report. BNA's first publication was U.S. Patent, Trademark & Copyright Reports (now United States Patent Quarterly). In 1946, Lawrence sold BNA to five of his top editors: Dean Dinwoodey, John D. Stewart, Ed Donnell, Adolph Magidson and John Tyler. The editors opened up ownership to the rest of their BNA colleagues and from 1947 until 2011, the company was owned entirely by current and former employees.
National Affairs, Inc. is a U.S. organization which publishes a public-policy quarterly by the same name. It began publishing National Affairs in September 2009, describing itself as "a quarterly journal of essays about domestic policy, political economy, society, culture, and political thought. It aims to help Americans think a little more clearly about our public life, and rise a little more ably to the challenge of self-government."
The organization has previously published both The National Interest and The Public Interest. The organization was run by Irving Kristol, and featured board members such as former Secretary of State Henry Kissinger, former ambassador to the United Nations Jeane Kirkpatrick, and author Charles Murray. In 2001 The National Interest was taken over by a partnership between the Nixon Center and Hollinger International; The Public Interest ceased publication in 2005.
In the editorial in the inaugural issue of National Affairs, editor Yuval Levin elaborated on the magazine's mission: "National Affairs will have a point of view, but not a party line. It will begin from confidence and pride in America, from a sense that our challenge is to build on our strengths to address our weaknesses, and from the conviction that chief among those strengths are our democratic capitalism, our ideals of liberty and equality under the law, and our roots in the longstanding traditions of the West. We will seek to cultivate an open-minded empiricism, a decent respect for the awesome complexity of life in society, and a healthy skepticism of the serene technocratic confidence that is too often the dominant flavor of social science and public policy. And we will take politics seriously." The editorial expresses gratitude to the editors of The Public Interest, and notes that "the complete archives of The Public Interest are available for the first time" on its website.