Switzerland, surprised to see the news come from th the blog. Gently axel weber nudging this dialogue forward . Francine it is a publication that doesnt break that much news that often, which is why we are taking it with a pinch of salt, but we understand it was well sourced, and this will be a conversation spearheaded by the two chairman of ubs and Credit Suisse combined. That would be extraordinary. Tom for an american arlenes that for an american audience in the Early Morning for an american audience in the early one, could you imagine bank of america and j. P. Morgan combining . That is the equivalent. There is nothing else going on today, right . Francine not at all. Tom ive got to look at my tiktok. Francine lets get to first word news in new york city with ritika gupta. Tiktok has abandoned talks with microsoft to set its music and video app in the u. S. , now favoring a partnership with oracle. Look moreit would like a Corporate Restructuring than an outright sale. President tr
To 10 million for a fiveyear loan, 3 , according to the reserve term sheet. The fed is expanding the main Street Program. The main Street Program for businesses started lending last week. One day worth of loans made. The fed announced last night there was one 12 million loan. They have gotten started. Criticism has been it took so long and there is not the man now or the rules do not help not demand now or the rules do not help. Went to others sources of cash, perhaps because of the requirements, the fed does not want to lose money, those who could not find cash would not be eligible anyway. At the moment, there are questions of efficacy. It is now expanded to nonprofits. Alix hang with me for a second. University of Michigan Sentiment coming in 73. 2 , Current Conditions coming in light on expectations. This shows we are not feeling good about where we are going over the next month. Lauren, the fed news is a perfect example of where we are at, continuing to support the economy, just n
In San Francisco and where these people live. If you look at the key there, sort of the darker color concentrations show the higher number of s. S. D. Recipients. 92124, thats the Hunters Point bayview area, a lot of recipients there. As well as the bayview, and the tenderloin neighborhood. So what weve done is to help sort of handle the influx of work that will come with, you know, meeting the demand of all these new clients, h. S. A. Has hired some new staff. Weve hired a total of 33 new f. T. E. S, and this slide provides a breakdown of those classifications. So for instance, 10923, manager two, three clerks, five senior clerks, and so on. So in a nutshell, this slide explains if theres an existing cal fresh household with an s. S. I. Number who was previously who was previously ineligible for cal fresh, the s. S. I. Member does not need to submit an application for cal fresh. They just need to wait until their annual recertification comes around, and then, the county will automatic
[roll call] mr. President you have a quorum. Thank you. Please join me in the pledge of allegiance. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. On behalf of the board, i would like to acknowledge the staff of sf gov tv. They record each of our meetings and make the transcripts available, to the public, online. Madame clerk, are there any communications . Clerk we received a communication from the office of supervisor wilton, who indicated he would be late in attending the meeting as he is attending a funeral this morning. Thank you very much. Colleagues, before we move forward with our meeting today. I want to share a message of unity and strength with the city of gilroy. We are outraged, by yet another horrific mass shooting, to the community of gilroy, we stand by you. To the victims, and their families, we are praying for you and we pledge to fight until
Native san franciscan. I went to elementary through high school here, and i just retired as a Deputy Sheriff up sheriff about three years ago im still working. As far as housing, i was a homeowner, but i got into an upside down loan and lost it. Im sorry. God bless. It has been hard for me to get home, and probably about four years ago, i lost my home. I had a short sale, i had been looking at this program for a long time, and i was able to put my application in, they picked my name, and i call it a blessing. Im sorry, i dont want to be in here crying. [laughter] anyway, so my family grew up here and all of my family members moved out. They are in other cities, and my grandmother to this school. Thats great. In the sixties and seventies. So just being able to have a down payment assistance, and being able we need the programs, we need a 100 affordable because it is even hard to save enough money. We have to make a lot of sacrifices to even save to get into the down payment assistance p