Economy is slowly bouncing back straight ahead we take an indepth look at the moves of the nations central bank and its a future of volatility in the wake of copan 1000 remains uncertain gold has seen a spike in value as investors flee to state haven assets but what does the future hold but well get into that with a packed show today so lets dive right in. The Federal Reserve held another policy meeting wednesday as part of an effort to determine where to go with u. S. Interest rates and what it will take to get the economy moving again overall there was some positive news as members of the Federal Reserve board upgraded their forecast for the economy to show a smaller contraction in Gross Domestic Product and a lower Unemployment Rate this year fed chairman powell spoke about the outlook following the meeting. The recovery has progressed more quickly than generally expected and forecasts from informs the participants for Economic Growth this year have been revised up since our june su
For the late antonio gahilig, on behalf of supervisor peskin and supervisor yee, and on the entire behalf of the board of supervisors, for the former director of recreation and park, director mary byrnes. President yee sorry about that. Now this brings us to the end of our agenda. Any other Business Today . Clerk that concludes our business for today. President yee okay, thank you, madam clerk. Colleagues and members of the public joining us today, wed like to remind everyone that the regular Board Meeting scheduled for next tuesday, september 8th, 202020, is cancelled. Our next regular Board Meeting will be scheduled for tuesday, september 15th, 2020. As there is no further business we are adjourned. Clerk thank you. Thank you. Supervisor haney our clerk today is erica major. Madam clerk, do you have any announcements . Clerk [inaudible] and the board, the board of supervisors legislative chamber and Committee Room are closed. However, members will be participating in the meeting remo
Going to do exactly that anyway, because were not really having those funds for the coming weeks until the First Quarter is ending. Were not scheduling 10bs for the main library. And i dont know, our chief operating officer is here and she can also speak to this. Good morning, committee members. I am maureen single ton witton e library. We have not received the billing from the Police Department and we imagine that the costs would be minimal at this point, given the activities for the current year. But i would be hesitant to eliminate the work order completely without having that billing information. So, chair fewer, is this a department to call back to see if we can eliminate the entire work order in the first year . Chair fewer sure. So i think that, mr. Librarian, we can have you come back next week after we have a discussion and also to give us a bit of time, but the rest of the recommendations, i think that we just received this one recommendation today. I think that it will give
This precaution is taken pursuant to the various local and state orders and committee directives. Public comment will be available on each item on this agenda. Both channel 26 and sfgtv. Org are streaming the number across the screen. Each speaker will be allowed two minutes to speak. Comments or opportunities to speak during the Public Comment are available via phone by call 4156550001. The meeting i. D. Is 1464087451. Press pound and pound again. When connected, you will hear the meeting discussions but muted and in listening mode only. When your item comes up, press star, three to be added to the speaker list. When prompted to speak, speak slowly and clearly and turn down your television or speakers. Or you may submit comments by email to me, erica. Major sf. Gov. I have interpreters ready to assist in chinese and spanish. Interpreter i am the interpreter for todays meeting. I will now make the announcement in cantonese. [speaking cantonese language] interpreter and im the spanish i
The meeting comes to order, the august 19th, rescheduled budget and appropriations meeting. Im sandra lee fewer and joined by the Committee Members, supervisors walton and mandelman and ronen and norman yee. Our clerk is miss linda wong. I thank sfgovtv for broadcasting this meeting. And also, supervisor walton will be joining us a little later. Can we have a motion to excuse him for the first beginning part of the meeting. So moved. Chair fewer thank you very much, can i have a second, please. Second. Chair fewer could i have a roll call vote please. Clerk yes, on the motion. [roll call] there are four ayes. Chair fewer thank you very much. Madam clerk, do you have any announcements. Clerk due to the covid19 health emergency, the City Employees and the board of supervisors legislative and the committee room, and the members will be participating in a meeting remotely. This is for the local and state and federal orders and declarations and orders. The meeting is through Video Conferenc