Its. Next, testimony from financial regulators on oversight and other issues including Digital Currency, banking liquidity rules and the impact Climate Change could have on the financial industry. Held by the Senate Banking committee this is an hour and 40 minutes. [inaudible background conversations] this meeting will come to order. Today will receive testimony from the honorable randall orosz, Federal Reserve vice chairman for supervision. The honorable eleanor mcwilliams chairman of the ftse and the honorable rodney hood chairman of the ncua. Welcome to all of you. This hearing provides committee an opportunity to examine the current state of and recent activities related to regulatory and supervisory activities of these agencies. Its been over a year now since the enactment of s 2155 Economic Growth regulatory relief and Consumer Protection act and the work of the agencies to implement most of the laws provision. Your agency should also carefully review the existing supervisory fra
Order. Today we will receive test her name from the honorable Federal Reserve vice chairman for supervision. The honorable with mcwilliams, chairman of the fdic, and the honorable ronnie hood, chairman of the ncua welcome to all of you. This hearing provides a committee an opportunity to examine current state of and recent activities related to regulatory and supervisory activities of these agencies. Its been over a year now since the enactment of s2155 the Economic Growth regulatory relief and Consumer Protection act and the work of the agencies to implement most of the law of provisions. Including the tailoring rules for u. S. Banks and u. S. Operations in foreign banks. Your agency should also carefully review the existing supervisory frameworks and make any necessary adjustments to appropriately and line them with the tailoring rules and requirements. Im july 30th, 2019 all of the republican Banking Committees and i sent a letter to the federal banking regulators urging your agency
It. And also, we did research about the impact of the Third Addition from the front street and the back street. From the front street, these red lines are the site that you can see. So according to this research, you can see only a bit of the building above, the corner of the building. So we dabble that you can see, you know, the third story from the front street. But we dont recognise it because of this setback. I did research about the visibility from the backyard, the alley. And according to my research, the elevation angle, the difference between the elevation angle between the second and third story is only 7degrees. So if we had a third story, our elevation angle differs, increase of only 7degrees. Its not like 35 or 45. So its not that much. So based on the research, i concluded that not much skyview is blocked by the audition of the third floor. Im the owner of this property and would like to thank you for your time today and would like to mention one thing that there are three
Nice job assessing the project against the citys residential design guidelines, which is the framework that should be assessed. And the other thing i would observe is the abutting neighbors on the east and west seem to support the project. It seems the Planning Department was constructive in terms of bringing people together in an inherently process that we have. I just want to say that intend no disrespect to my neighbors who have concerns and issues about it. Its a small neighborhood and we pass each other so i want to acknowledge to disrespect against their viewpoints and the comments and concerns that they have. So personally, i believe its appropriate to approve the project. Thank you. Next speaker, please. Im in support of this project. We need a lot more housing in the city. This doesnt consolidate lots so it should be approved right away. And right now, in the excelsior homes are selling over a Million Dollars because theres not enough housing for places like the marina. So to
The project sponsor . Seeing none, Public Comment is closed. I just wanted to say im sorry. Dr requester, you have a twominute rebuttal. I am friends with my neighbor and just now friends with the developer who will never lou here and just to clarify, a lot has been raised about the two neighbors. 25 capra is owned by a Large Institution and some are controversial and so as such, it decided it cannot oppose a developer or project regardless of the merits of the case and 39 capra who has tol told us its waiting to follow precedent and in their case, they look at future development and that makes it all the more important of whats happening to 33 capra because it will be followed next door. My presence here today is not about the impacts but affecting everything in the neighborhood and just happening to be carrying that forward today. Thank you. Dr requester number two. I would like to just make two comments. This is about a lot of people who calm here in support of the project. These ar