I would like to call the meeting to order at this time and i would like to, if i may, give just a brief overview of what you can expect. We have called the meeting to order and there will be an Opening Statement of the chair and Opening Statements of the Ranking Member, Opening Statement from chairwoman waters and witnesses will be introduced and they will give their Opening Statements and we will have q a and adjournments. The title of todays hearing is protecting homeownerss during e pandemic, oversight of Mortgage Services, implementation of the cures act and without objection the chair is authorized to declare a recess of the subcommittee at any time. E. Also without objection of members of committee who are not members of this subcommittee may participate in todays hearing for the purposes of making an Opening Statement and questions of witnesses. Members are reminded to keep their video function on at all times, even when they are not recognized by the chair. Members are also rem
Chair, Opening Statement of the Ranking Member, Opening Statement from chairwoman waters, the witness of will be introduced, witnesses were given Opening Statement then will have two and a of witnesses and adjournment. The title of todays hearing is protecting homeowners during the pandemic oversight of mortgage servicers implementation of the cares act. Without objection that shares authorized to declare a recess of the subcommittee at any time. Also without objection members of the committee who are not members of the subcommittee may participate in todays hearing for the purposes of making an Opening Statement and asking questions of witnesses. Members are reminded to keep their video function on at all times, even when they are not recognized by the chair. Members are also reminded they are responsible for muting and and getting themselves. I think this is something thats worthy of repeating because i have made the mistake of not honoring this responsibility. I hope i dont make tha
At the each item on the agenda, and sfgovtv are streaming the number across the screen. Each speaker will be allowed two minutes to speak. You can call 415 6550001, meeting i. D. 1451400281. Then press pound twice. Then you will hear the meeting discussions. Your item of interest comes up, star needs to be added to the speaker line. Speak clearly and slowly and turn down your television or radio. Alternatively, Public Comment in either of the following ways, email to myself, the budget and finance committee clerk. And submit Public Comment video email, and will be included as part of the file. Finally, items are expected to appear on the board of supervisors agenda of june 30, 2020, unless otherwise stated. Supervisor fewer thank you, madame clerk. Can you please call items 1 and 2 together. Item 1, resolution designating el reportero, Jasmine Blue Media doing business asthma rhna times, potrero view, World Journal sf, Neighborhood Outreach advertising for fiscal year 202021. Item 2, r
Today . Clerk yes, due to the covid19 Health Emergency and to protect board members, the Committee Room are closed, however, members will be participating in the meeting remotely. The media through Video Conference and participate in the meeting to the same extent at the each item on the agenda, and sfgovtv are streaming the number across the screen. Each speaker will be allowed two minutes to speak. You can call 415 6550001, meeting i. D. 1451400281. Then press pound twice. Then you will hear the meeting discussions. Your item of interest comes up, star needs to be added to the speaker line. Speak clearly and slowly and turn down your television or radio. Alternatively, Public Comment in either of the following ways, email to myself, the budget and finance committee clerk. And submit Public Comment video email, and will be included as part of the file. Finally, items are expected to appear on the board of supervisors agenda of june 30, 2020, unless otherwise stated. Supervisor fewer t
Present your oral testimony. Secretary mnuchin thank you very much. Mr. Barr. Let me express my condolences for your loss. Of the committee, i am pleased to join you today to discuss how the Treasury Department and the Federal Reserve are working together to provide liquidity to the credit households,iness, as well as state and municipal governments. We remain committed to making sure every american gets back to possible. Ickly as americas economy continues to recover from the challenges posed by the covid19 pandemic. The jobs report for the month of may best we exceeded expectations with a record gain of 2. 5 million jobs after experts had predicted nearly 8 million lost. Ae Unemployment Rate is still high but we are seeing additional signs the conditions will improve significantly in the third and fourth quarters of this year. Is bluechip report forecasting our gdp will grow by 17 annualized in the Third Quarter and by 9 in the fourth quarter. The u. S. Chamber of commerce reported t