Present. Supervisor stefani. Present. Supervisor walton. Present. Supervisor yee. Mr. President. All members are present. Thank you. Please join me in the pledge of allegiance. Place your right hand over your heart, please. I pledge allegiance to the flago f america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Thank you. On behalf of the board i would like to acknowledge the staff at sfgovtv who record each meeting and make the transcripts available to the public online. What i would like to do is before we go to communications, and before we get into our special order at 2 00 p. M. , i would like to at least say a word or two. Before we get started i want to acknowledge George Floyds funeral today and thank the city family, particularly m. T. A. , for halting all Public Transit from 12 00 to 12 08 p. M. To acknowledge the wrong that happened to mr. Floyd and to the many other black and brown individuals in our country. C
Affect other participants. To enable public participation, we are broadcasting and streaming live and we will receive Public Comment for each item on the agenda. We are broadcasting and streaming at the toll free number across the bottom of the screen. Comments or opportunities to speak during the Public Comment period are available via phone by calling 8882733658 and enter the code 3107452, pressing pound and pound again. When you are connected, press one and then 0 to be added to the queue. Each speaker will be allowed up to three minutes. When you have 30 seconds remaining, you will hear a chime indicating your time is almost up. When your allotted time is reached, i will announce your time is up and direct my staff to take the next person. Best practices are to call from a quiet location, speak clearly and slowly and mute the volume on your television or computer. At this time, i would like to take roll. [ roll call ] thank you, commissioners. First on your agenda commissioners is
Jerome powells chairman testimony tomorrow what he will tell the House Financial Services committee. Just released a more upbeat tone than he was in his last appearance before congress. He is going to say the Second Quarter gdp is largest drop in history. The coronavirus was met with swift action, swift and Decisive Action by both congress and the Federal Reserve. He will say because of that action he believes longterm damage to the economy may have been limited. Now powell welcomes a bounceback in Economic Activity he has been seeing. He says though the path forward remains uncertainty and a full recovery will be unlikely until people feel confident that the coronavirus has been contained and it is safe to go outside. Now he says Interest Rates will remain near zero until they are confident the Federal Reserve is confident that the economy has recovered. He says, the Federal Reserve will use their full range of tools in order to support the economy. Were looking at low Interest Rates
When youre called for Public Comment, mute the device youre listening to the meeting on. When its your time to speak, you will be prompted to do so. Youre limited to three minutes a speaker unless otherwise established and speakers are requested and not required to state their name. Sf gov tv, please show the business slide. We will start with the Small Business commission this is the Business Forum to voice your opinions that affect the Economic Vitality of Small Businesses in San Francisco and this is the best place to get answers about doing business in San Francisco about the local emergency. If you need assistance with Small Business matters, you can find us online or via telephone. As always, our services are free of charge. Before item one is called, i would like to start with thanking Media Services and sf gov tv for coordinating this visual hearing and special thanks to michael for moderating the Public Comment line. Please call item number one. Item one role call . Item two,
Good afternoon. Welcome to the june 9, regular meeting of the San Francisco board of supervisors. Could i have roll call, please. Thank you, mr. President. Supervisor fewer. Present. Supervisor haney. Supervisor mandelman. Present. Supervisor mar. Present. Supervisor peskin. Present. Supervisor preston. Present. Supervisor ronen. Present. Supervisor safai. Present. Supervisor stefani. Present. Supervisor walton. Present. Supervisor yee. Mr. President. All members are present. Thank you. Please join me in the pledge of allegiance. Place your right hand over your heart, please. I pledge allegiance to the flago f america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Thank you. On behalf of the board i would like to acknowledge the staff at sfgovtv who record each meeting and make the transcripts available to the public online. What i would like to do is before we go to communications, and before we get into our special order