Will participate remotely. This is taken pursuant to the local, state and federal orders and directives. Commission members will attend through video and participate to the same extent as if they were physically present. It is streamed live at sfgovtv. Once again, streamed live online sfgovtv. Org ethics live. Public comment is available on each item. Each member of the public is allowed three minutes to speak. Call 415655000 4156550001. The access code 146 2698877. Followed by the pound sign. Press pound again to join as attendee. You will hear a beep when you are connected to the meeting. You will be automatically muted in his senning mode only. When your item comes up dime dil star three. Please wait until the host calls on you. The line will be silent as you wait to speak. Ensure you are in a quiet location before you speak mute the sound of any equipment around you including television, radio or computer. It is important to mute your computer if you are watching via the web link t
Question, we will move to the next senator until resolved. I remind all senators that the five minute clock still aflies. You should have a box on your screen labeled clock that shows how much time is on your screen labeled clock that shows how much time is remaining. But we have had some troubles, and i have had senators who cant find that box or dont see it. And so, in fact, last hearing one of the senators ask me again to get a reminder, i will do that at this time for everybody. So at 30 seconds left on your clock, there will be a tone, a bell ring, to remind senators and the witnesses that their time has almost expired. At the end of the five minutes, a bill will ring. That way we can all know how the clock is working, even though we dont find it on our screens. Today we will receive testimony from the security and Exchange Commission chairman jay clayton, regarding the work and agenda of the sec. I thank you chair clayton for your appearance before the committee today, which is e
The foretwoity was an intent. I think thats something that we should all explore. Thank you. I have worked on legislation. Its a little late in this session under your tenure that would create guardrails and prevent these kinds of failures and abuses. I think your comments were appropriate. We allow companies to still do they have to provide Real Transparency which they dont always. Have to reward workers not just shareholders. Senator brown ill close with a statement. We saw earlier this year the pandemic crashing our families, hospitals, and the economy. How the market seized the up. The s. E. C. s recent report on interconnectedness in the market offers insights but no real policy recommendations. I know that you and vice chair and represent duty pute secretary money market reforms were not good enough. It is clear your successor, the next banking regulators will need to reduce risk from interconnectedness and excessive leverage. The economy may in the future will depend on it. Than
Meeting. Thank you, madam chair. The minutes will reflect due to the covid19 Health Emergency and to protect Commission Members, employees and public the meeting rooms are closed. Commission members and staff will participate remotely. This is taken pursuant to the local, state and federal orders and directives. Commission members will attend through video and participate to the same extent as if they were physically present. It is streamed live at sfgovtv. Once again, streamed live online sfgovtv. Org ethics live. Public comment is available on each item. Each member of the public is allowed three minutes to speak. Call 415655000 4156550001. The access code 146 2698877. Followed by the pound sign. Press pound again to join as attendee. You will hear a beep when you are connected to the meeting. You will be automatically muted in his senning mode only. When your item comes up dime dil star three. Please wait until the host calls on you. The line will be silent as you wait to speak. Ens
Entrusted with getting unemployed americans back to work. Labor secretary Eugene Scalia joins us live. We are going to get the scoop from scalia on how urgent the situation really is right now. Retailers among those of course hit the hardest by the coronavirus pandemic. We have the founder of one of the most visionary Mall Developers in the country. The grove in l. A. , i dont know if you have been there, its one of his. He is here. Caruso founder rick caruso on how hes making his california dream of safely reopening come true. This is a fox business exclusive. You got to see what hes doing. And netflix has emerged as one of the top pandemic superstars. The streaming giant reports earnings after the bell. Our allstar panel digs deep into the numbers with the one number that may tell you the whole story before the Earnings Results even come out. You have to stay tuned for that. But lets get to this breaking fox business alert. Treasury secretary Steven Mnuchin seen here arriving at tel