This hearing will come to order. Thank you all for being here, good morning. Today the committee can means to discuss the status of the National Rail network in the country is 140,000 miles of freight rail in class one railroads over 600 freight railroads and thousands of Companies Using braille to ship products and raw materials, we also have an intercity passenger real service amtrak operating on 22000 miles of the same network including over 500 stations. Todays first panel of witnesses will feature mr. William flynn ceo of amtrak and the executive director of the Development Corporation in Montana Development association who will testify remotely. Todays second panel will include mr. Frank Vice President Global Supply chain on behalf of of the council testifying remotely, mr. Randy, the president and ceo of the association, the chairman and National Council testifying remotely in the association of American Railroad and mr. Dennis pierce, president teamsters real conference testify
Good morning, everybody. Im becky quick and welcome friyay were watching the equity futures. Three down days in a row, but the dow did make a pretty stunning recovery, down actually over 300 points after the numbers at 8 30 yesterday that showed that initial jobless claims were higher than anticipated. Ended down by 20 points at the end of the session this morning dow futures down about 13, s p s p are flat lining, nasdaq basically flat lining too well be watching this closely to see how people shoring things up you as we head into this weekend. And also take a look at what is happening in the treasury market the ten year which yesterday fell back below 7. 0 and now is 7. 26 . Lets talk about what happened last night. President trump and former Vice President biden making their case to the American People on dueling town halls i was sitting there with my remote going back and forth, both events focusing on the Trump Administrations handling of tGlobal Pandemic. Do you support herd immu
153 points, nasdaq advanced 0. 19 . Well, then look no further than the stock of tesla this is an amazing market, but its always been an amazing Challenging Market individual investors, though, are back they now make up north of 20 , some say 25 of the action and theyve weathered everything from frightened, screaming billionaires to the nastiest president ial race in living memory to a horrifying Global Pandemic theyve steeled their hearts against the lack of Covid Vaccine or even a therapeutic. They arent oblivious to the incredibly high unemployment rate, yet they havent let it change their minds about trying to make money in the stock market whats the perfect symbol of that attitude . Tesla. Not the man, not the car, not even the company but the concept. A time our country feels it doesnt have much to root for and a world that hates us. I dont remember if no, i cannot remember a time in my life when we were this hated, and i lived through the Nixon Administration now, tesla reported
When your item of interest comes up, dial star three to be heard. Speak clearly and slowly and turn down your television or radio. You can also submit your Public Comment by email. It will be forwarded to the committee and will be included in the files. I will go ahead and call roll. [ roll call ]. Clerk at this time we have a quorum and its 9 38 a. M. Can you call the second item. Clerk opportunity for the public to comment on any matters within the committees jurisdiction that are not on the agenda. Members of the public who wish to provide Public Comment should call the number listed with the access code. If you havent done so, please dial star three to line up to speak. A system prompt will prompt you to begin speaking. Please note that you have three minutes. Give me one second as i go to see if we have any Public Comments. We have one hand raised at this. I am dr. Derek kerr, a whistleblower. Later you will hear about the report related to the d. P. W. Corruption scandal. These r
Due to the covid [indiscernible] being held via teleconference. For those watching the live stream be aware theres a brief time lag between the live meeting and what is being viewed on sf gov tv. Id like to extend our appreciation to the staff for their assistance during the meet. If you wish to make a Public Comment dial 1415655001 [audio digitizing] ill ask asking to keep muted and item 19 has been removed from the agenda and we will not hear closed session item 19 the other closed session item will remain on the calendar. The first order of business is the annual election of officers. At the first regular meeting of the commission after the first day of october each year the members shall elect a president and Vice President of the commission to serve a oneyear term. Commissioners you, will first nominate the elected position and elect the position of Vice President. Public comment will be taken separately on each. [indiscernible] members of the public who wish to make two minutes o