Financial Services Subcommittee hearing on creating a federal pandemic Risk Insurance program. Even when they are not recognized by the chair. Members are also reminded that they are responsible for muting and unmuting themselves, and to admit themselves after they are finished speaking. Consistent with the regulation accompanying house rest 965, staff will only mute members and witnesses as appropriate. When not recognized to avoid any background noise. Members are reminded that all house rules relating to order and the corn to this remote hearing. History is entitled insuring against a pandemic, challenges and solutions for policyholders and insurers. And i now recognize myself for three minutes to give an opening statement. According to the Congressional Research service, 110 Million People worldwide could enter a state of extreme poverty due to the Global Economic contraction, and here in the United States 657 Million People have filed for Unemployment Insurance since march of this
48 after the event. Let me say a few words about our speaker. now in his second tm of te u. S. Civil rights commissions book the moral foundation of economic behavior was nominated for the highest book prize in his latest book which is the subject of our talk today is on why culture matters most. This is an extremely important book given the political and cultural crisis that we now find ourselves in here in america. Think about it, the institutions that are supposed to hand down the great cultural inheritance of western civilization, the civilization upon which the United States faced are failing miserably at the respective tasks in education, media, the arts, business, politics. Its hard to think of an Important Institution in America Today that takes seriously the virtues and the ideals that make it possible it requires a trust, high trust society. Many would argue that this is the one type of society we do not now have. We seem to be educating the next generation intellectually, mo
Stephen stock good evening, im stephen stock. Thanks for joining us on nbc bay area, where we investigate. Were not far from a year into this pandemic that has put many parts of our lives on hold, but what happens if you cant wait for when we come out the other side of this tunnel . Terminally ill people are fighting for their day in court before its too late. Senior investigate reporter bigad shaban has the story. Bigad shaban how do you build a legacy . Alfonso rocciola spent his whole life building his. Alfonso rocciola if you drive through the city, you can say, wow, well, look what i did. You accomplished something. Bigad hes been in charge of some of the most iconic Construction Projects in San Francisco the cliff house, exploratorium, and his favorite, this chapel in north beach. Throughout his life, alfonso also built a marriage. Alfonso my wife is the number one bigad a family. Alfonso we have five grandchildren. Bigad and now hes building a court case. Alfonso is suing nearly
Fund departments may mead extra Staff Members to do various things. I think people have been doing more with less and that works for a while but after some period of time people cant do more without having more and they are all stressed out. We may need more resources for the clerks office. Perhaps some other general fund departments. I do agree with the clerks recommendations that were on that slide that i cant see right now. Those are the recommendations today. We no, i thinks may change early next year and probably will change several times next year. I understand that the mayors budget instructions are due out next wednesday. I understood that this committee was not meeting next wednesday and perhaps this was the last scheduled meeting for the year. I am wondering when the mayors budget instructions will be up for discussion at the Budget Committee . Perhaps someone can address that question. Thank you very much. Thank you for your comments, sir. Next speaker, please. That complete
To declarer can rise a recess of the subcommittee at any time. Without objection members of the full committee not on the subcommittee are authorized participate in todays hearing. Members are reminded to keep their video function on at all times, even when they are not recognized by the chair. Thatrs are also reminded they are responsible for muting and unmuting themselves and to mute themselves after they are finished speaking. Consistent with the regulations accompanying House Resolution 965, we will only mute members and witnesses as appropriate. When not recognized for to avoid inadvertent background noise. Members are reminded that our house rules relating to the order and the decorum of the desk decorum applied to this remote hearing. This hearing is entitled insuring against a pandemic challenges and solutions for , policyholders and insurers. I now recognize myself for three minutes to begin with an opening statement. According to the Congressional Research service, 110 Millio