Thank you for your comments. Next caller, please. Good afternoon, thank you for your time and attention and leadership. I hope you and your families are safe and healthy. The testimony from Business Owners made my heart race. I am judy, on the board of directors. My comments are a bit of blast from the past. I grew up from San Franciscos japan town back in the designated western addition. Mom and pop world war ii. My parents saved and borrowed money. They decided to retire and pass the business to my parents. My parents started. Redevelopment demolished. The Small Businesses provided for all of our needs from doctors to dentists, shoe repairs, barbers, bookshops and so much more. Mom and dads restaurant had celebrities. I slept to the jazz greats. Willie mays hung out. It was a Small Business on special flavor, friendliness and character. Back in the days Small Businesses and the people who loved community had a community that wases diverse. Their hard work continued to value small Bus
With me on the Video Conference is Catherine Stefani and rules Committee Member supervisor gordon mar. Our id like to thank sfgov tv for staffing this meeting. Mr. Clerk, do you have any announcements . Clerk yes. Due to the covid19 health emergencier and to protect Board Members, City Employees and the public, the board of the supervisor legislative chamber are closed. Members will participate in the meeting remotely. Public comment will be available on each item on this agenda on both channel 26 and sfgovtv. Org. Theyre streaming the number across the screen. Comments are opportunities to speak are available via phone by calling 415 6550001. Again thats 415 6550001. The meeting i. D. Is 146 344 9722. Press pound and up and down again. When connected, you will hear the meeting discussions and in listening mode only. Best practices are to call prosecute a quiet location, speak clearly and slowly. And turn down your television or radio. Il you may send comments at victor. Young sfjgov.
Environment. Businesses, the private and Corporate Bank are fighting through the Interest Rate headwinds, but doing well on executing strategies and offsetting that had went. Thee are uncertainties in Macro Economic environment and that is something we factor in as we manage our businesses, our risks, but we remain quite confident in our outlook and the way we are managing through this pandemic. It is supporting clients, the economy as we all navigate an unexpected environment. Risks, howaging the hard would Deutsche Bank be hit if there would be another wave of lockdowns across europe and elsewhere . James weve built in some conservativism into our numbers, weve taken an overlay, adjustment more conservative in provisions and that prepares us for uncertainties that lie ahead. We are not seeing a deterioration in portfolio beyond what we expected in this environment and while we are all subject to the direction of the economy and potential impact of more distancing and Protection Measu
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
Those totals climb each day. Too many businesses remain closed. Schools begin the year under a dark cloud of uncertainty and our economy faces the greatest crisis since the great depression. The United States is 11. 5 million jobs short of where we were at the start of february and the number of jobs that have been permanently lost is rising at an alarming rate. All of this reflects a tragic reality. President trump has led the worst response to covid19 of any nation on earth. It is what it is. The economic pain of the pandemic was mitigated by our action in march when democrats insisted on a robust stimulus bill that became the cares act. One of our policies included in that bill, enhanced unemployment benefits, has kept nearly 12 million americans from poverty. Those benefits have now mostly expired and the stimulus provided by the cares act has been exhausted. The pandemic and Economic Hardship for millions of American Workers and families, however, is ongoing and painful. Speaker p