Thank our clerk mr. Young for all of his hard work and everyone in the Clerks Office who supports us. Thanks to the team at sfgovtv for facilitating and broadcast todays meeting and our producer today mr. Michael. Mr. Clerk, do you have announcements. Yes. The board of supervisors are coloneling vehicle hybrid Public Comment will be taken on each item. Those in person allowed to peek first then those on the phone line. The Public Comment call in number is streaming across the screen. When connected you will heart discussions but mutes and in listening mode only when your item come up and Public Comment is called those in person line xup those on the phone dial star 3. If you are on the phone remember to turn down your tv and all listening device you may be using. You may submit comment in writing not guilty following ways. E mail them to myself the rules clerk at vishthor. Young sfgov. Org you may send written comments u. S. Mill to city hall 1 dr. Carlton b. Goodlett place room 244. S
Before recess i enjoyed serving. Legislation and soon take up ballot measures when we return in september. Thank madison tamp i want to thank our clerk mr. Young for all of his hard work and everyone in the Clerks Office who supports us. Thanks to the team at sfgovtv for facilitating and broadcast todays meeting and our producer today mr. Michael. Mr. Clerk, do you have announcements. Yes. The board of supervisors are coloneling vehicle hybrid Public Comment will be taken on each item. Those in person allowed to peek first then those on the phone line. The Public Comment call in number is streaming across the screen. When connected you will heart discussions but mutes and in listening mode only when your item come up and Public Comment is called those in person line xup those on the phone dial star 3. If you are on the phone remember to turn down your tv and all listening device you may be using. You may submit comment in writing not guilty following ways. E mail them to myself the rul
All of his hard work and everyone in the Clerks Office who supports us. Thanks to the team at sfgovtv for facilitating and broadcast todays meeting and our producer today mr. Michael. Mr. Clerk, do you have announcements. Yes. The board of supervisors are coloneling vehicle hybrid Public Comment will be taken on each item. Those in person allowed to peek first then those on the phone line. The Public Comment call in number is streaming across the screen. When connected you will heart discussions but mutes and in listening mode only when your item come up and Public Comment is called those in person line xup those on the phone dial star 3. If you are on the phone remember to turn down your tv and all listening device you may be using. You may submit comment in writing not guilty following ways. E mail them to myself the rules clerk at vishthor. Young sfgov. Org you may send written comments u. S. Mill to city hall 1 dr. Carlton b. Goodlett place room 244. San francisco, california 94102
Oversight of wall street. Topics included International Competitiveness of us banks, proposed regulations that increased Capital Requirements aexrand access to capital for Small Business owners,veterans and underserved communities. Piggy â– hauser affairs will come to order. Senator scott, thankyou for your work on this. Ceos appearing before us daithe biggest global systemically important bankswi in the United States of america. Thanks old nearly 15 trillion in assets, manage trillions in investments and retirement accounts from the Biggest Companies in our country. Youll old nearly half the nations deposits, 80 trillion in client assets. Your banks touch ever of our Financial System even if they are not your customers. All that makes you eight onof the most powerful people in the country complex, so interconnected that their distress or failure pose a threat to the Financial System. You may be private companies but the risks you take mistakes you make dont just affect you, they dont
Glad youre here and appearing before this committee today to discuss your departments fiscal 2018 budget request. As you know, the budget is significantly challenged in terms of the cuts in your department. I think the proposed cuts of 2. 3 billion are about onefifth of the departments operating level. Certainly while i appreciate and many of us appreciate the departments prioritizing limited resources and making decisions to realign programs, the fundamental question is really what you choose to cut and whether you can possibly look at that number and make an argument as to why that much of your previous budget should be cut this year. Its not the first time these kinds of cuts have come in the department. Last year president obama proposed about the same level of cuts, though he proposed somehow these programs would lean heavily on new mandatory spending for the budget caps in the law then. Of course, those budget caps are in the law still. Instead of making difficult decisions, it w