Good afternoon. I call this meeting, i called the string to order. Without objection that shares authorized to declare recess at any time. We have a number of numbers participating remotely. Welcome. Before we proceed i like to go over some items for our members participating remotely. First, if you are having or expensing connectivity issues, please make sure you or your staff contact our designated Technical Support so those issues can be resolved immediately. Members participate in remotely must continue to use the video function for the duration of their participation in the hearing unless they expand connectivity issues or other technical problems that render the member unable to participate, to fully participate on camera. It is at the committees, it is Committee Policy that members participating remotely will remain muted when not recognized, just like turning her microphone on or off during an in person hearing. This is at a courtesy to all members on the committee and so that
One cia director, george h. W. Bush, later became president himself. The Smithsonian Associates hosted this program. Good evening, everyone. My name is ruth robbins. Its a pleasure to welcome you here tonight for our program. A couple of quick things first. One is, if you could, please put away your cell phones, turn them off, silence them, any electronic devices, we would appreciate it. If youre wondering why bright lights in here, because youre all going to be on tv. Cspan is taping tonight. Im kidding, youre not going to be on cspan, the speaker will be on cspan. When we get to the q a, they usually want to bring a mic down so they can record it. So if you have a question, just try to wait until they bring the mic to you so we dont have to repeat it. The speaker will repeat the questions so you can hear, but this is so they can hear it or however they work it. Our speaker tonight is david robarge, received a phd at columbia university. After teaching at columbia, working for banker
Markets i treasuries as well. The aussie 10 year yield down 16 basis points and money rush into the end. Oil in a bit of a freefall once again. Brent crude down more than 6. 5 . We areke below 20 and watching indonesia here in particular just coming online. The stock index drops re. 5 . Once again, we are seeing a lot of these em volatilities, back once again. We are watching the pboc after that interesting move to cut the seven day repo rate by 20 basis points so they are joining in on the stimulus ways. Lets get more on this with david ingles coming forward. We are watching u. S. Futures in particular continue to head lower. Lets start with the 7 billion injection into the system. I mean, quite a bit. David yes. A couple of things i guess to get out there. You dont normally see a reduction of this magnitude from the pboc. You also have to consider the fact that we know the economy is not doing well and in fact, the latest forecasts now suggest quarter on quarter, you take the median.
Including open mayor libby shaft and san jose mayor sam he cardo. Bay area jurisdictions are now demanding to see data from everyone who has been tested so far at any lab, medical facility l popup site. The order comes from alameda, contra costa, marin, san francisco, san mateo and santa clara counties along with the city of berkeley which has its own Public Health department. And now our original series project home. It started with san francisco, and then the governor ordered all of crew cto shelter in place. But what happens when youre at risk of losing your home . We show you who is being hit the hardest by the pandemic, in so difficult to slow down. Reporter exactly one week ago the region received an order to coexist with the families in the comfort of our own home, which for many has been rather uncomfortable, especially if youre now worried about how to pay for where youre supposed to stay put. And im pretty nerve racked right now. Reporter Richard Reynolds lost his roofing job
Individuals that we deem prioritized and appropriate to be taken care of and supported on that ship. I just have to say, it is a reminder when you meet these young men, how extraordinarily are, the navy and those are working to get the uss mercy here in california. They have done a remarkable job to turn it around in a very short time. 1100 crew on that ship. We are now in the process of determining exactly which type of decompression strategies will work. What i mean by that is to decompress the rest of the system by providing support on so that we could ultimately advance our protocols and procedures to get people in more appropriate care and more appropriate settings. That is the purpose of the conversation. We just have conversations occurring quite literally behind me and we have confidence that ship will be coming to port as early as this friday. We advance the number of actions today, particularly on the issue. F in the state i did an executive order today as it relates to intak