One of the programs i was charged with was the city i. D. Program and when that was passed in 2008 and launched in 2009, one of the benefits of the city i. D. Program was so that someone could get a government issued i. D. And use that as a primary source of identification to open an account. Unfortunately, that hasnt happened. Its something i think we need to take a look at when youre looking at a municipal bank, to fold in the city i. D. Program because its a vital to the residents of San Francisco. I want to make sure thats not overlooked. Thank you for bringing that to our attention. They can support our residents that are not comfortable given the circumstances we have right now. So, yes, thank you. Supervisor cohen supervisor fewer. Supervisor fewer so thank you, id like to introduce fred brousseau. He works closely with my office as he and the staff worked on the update to the 2011 banking report. Im going to provide a summary of our report to supervisor fewer on options of comm
Im going to provide a summary of our report to supervisor fewer on options of community banking. At the moment though, the slides are not appearing. I wonder if i might get assistance. Do you have a printed copy . I do and actually here we go. We can do it the oldfashioned way. Here we go. Thank you. My apologies for the delay. This was the report that we issued in december to supervisor fewer. It was update to 2011 report we had prepared for supervisor avalos, it covered some of the same topics, but it is different that we tried to focus on specific steps needed to be taken to establish a public bank. What weve done is provided an outline of the steps. There is obviously many more questions that would be need to be resolved to pursue that. So ill just start briefly with options for the city. There are commercial banks, thats what were using now. Theyre for Profit Institutions and theyre organized to provide a return to their private investors. Thats their primarily goal to maximize th
Three days. So it could be 24 days or as short as 13 days. Would it be permissible to address the snap back aspect . At the discretion of the chairman. Youre next. I will take my time and ask quickly to respond to the question. Thank you. I just wanted to speak to one of the premises behind your question. First, i absolutely agree that the more likely scenario we see is small breach is a testing, sticking a toe across the line. And what we need to do then is hit iran in a proportionate way show them that has consequences. Otherwise were asking for larger breaches. And we have to be very serious about that. We have been very clear with our partners we will be serious about that. But there is a premise that ive heard circulating that after the initial sanctions relief iran can somehow immunize itself to further pressure. Therefore it wont care about snap back. That is simply not the case. Irans foreign reserves cant be put in a vault or a mattress in iran in the form of gold or bills. Th
Us on facebook or twitter. Finally, send an email. We get to your calls, here is some of the news from overnight. Tom coburn will not serve out the rest of his term. On thursday night that he will not serve the rest to steperm and intends down because of deepening health problems. In his statement, he acknowledged that he is battling a recurrent cancer and will continue to fight for his priorities are in the remainder of his time in office. Both carolyn and i have been touched by the encouragement we have been received, he said. As a citizen, he is convinced that he can best serve his children and grandchildren as shifting his focus elsewhere. He notified aides earlier in the day. Earlier in denied the evening. The decision to resign marks a shift in his plans from an interview earlier this month. He said he had believed he was healthy enough to serve out his term, but acknowledged that circumstances could change. The decision will be made in conjunction with family as to how to best i
1,000 per day in recent weeks. This as one of the highest profile republicans in the capitol, mitt romney, is criticizing the president for the second time this week, this time for his failure to denounce something at last nights town hall. I dont know about qanon. You do know. I dont know. Romney says the president s unwillingness to denounce an absurd conspiracy the theory continues an alarming pattern. Those who embrace extremists may be opening the door to a Political Movement that could eclipse them. Joe biden is in romneys home state of michigan where hell speak later this hour. Joining us now is former democratic senator and majority leader harry reid of nevada. He led the Senate Democrats from 2005 to 2017. Senator reid, great to have you with us. I hope you dont mind me asking about your health. How are you doing, sir . Are you in remission for pancreatic cancer . How are you feeling . Okay so far. Take one day at a time, but i feel pretty good. Thats good to hear that, sir. I