May 15, 2020. The meeting will can the order. This the is the may 15, local meeting of the local agency formation. I am sandraly fewer joined by gordon marand cynthia pollock. I would like to thank sfgovtv for broadcasting this meeting. Madam clerk, do you have any announcements. Due to the Health Emergency and to protect commissioners, staff and public, city hall is closed. Members will participate in the meeting remotely. This precaution is taken pursuant to the stayathome order and local and state and federal orders, declarations and directives. You may participate in the meeting to the extent as if physically present. Public comment will be available on each item. On channel 26 and sfgovtv will stream the number on the screen. Each speaker will be allowed two minutes to speak. Communities or opportunities to speak are via by calling 408 4189388. Pound and pound again. When connected you will hear the discussions but you will be muted and in his senning mode only. Listening mode onl
Officials tell the Senate Banking committee about the overall state of the financial industry, including the effect of coronavirus made bills passed by congress, and the Federal Reserves Small Business loan program. Please click the mute button. Remind senators that the fiveminute clap still applies. I expect most senators will participate today so we really need to stick to that fiveminute timeframe because we have a vote coming up at noon so i will be tapping the gavel to remind you to wrap it up and to the witnesses i ask you, even though you are asked a question at the end of the five minutes, please Pay Attention to the clock and make those answers after the time has run out prompt and efficient. Seconds i will do a tap on the gavel. The speaking order process, senator brown and i have agreed to go by seniority for this first hybrid hearing. With that, let me start out. Our federale all of predental regulators, the Federal Reserve vice chairman of supervision randal quarles,the co
Pandemic. Later, National Indian Health Board Chair on the affecting native American Communities. Morning, its thursday, april 9, 2020. Against the backdrop of another deadly day, turmoil across the country, political leaders in washington are headed for a showdown over hundreds of liens of dollars in new aid for Small Businesses. With the senate set to move forward with funding today we begin our program by hearing from Small Business owners and their employees. Let us know how your Small Business has been impacted by coronavirus. Small Business Owners, 202 7488000 is your number. Small business employees, 202 7488001. You can send us a text this morning, that number is 202 7488003. If you do, please include your name and where you are from. Otherwise, catch up with us on social media, twitter or facebook. Good thursday morning to you, we are hearing from the 60 million americans that work at Small Businesses in this country and the more than 30 some businesses around the country. You
Investors. What do you make of these dynamics taking place in the market you know, it makes a lot of sense personally if youre concerned about your health to take precautions for your family to avoid risk. In financial markets, you should not be trying to avoid risk at times when prices are incredibly distressed if you look back to the financial crisis, we thought the Financial System was going away. If you look back to 9 11, you thought society was permanently changing you have these moments of stress where investors, because of uncertainty, say now is 250itim protect our portfolio, when in reality the prices offered at such you should be more of a risk seeker at this point in time yes, to your question where do you hide today relative to next weeks stock price, thats very difficult to guess and we not going to pretend that we know what to do we can say if you look out, these are very, very attractive entry points into some amazing companies. Win, i understand the logic this is an att
Senate committee on banking, housing and urban affairs will come to order. Today is a hybrid format. Our witnesses are in this person but members have the option to appear in person or virtually to consider the nominations of dr. Lael brainard to be vice chair of the board of governors of the Federal Reserve system. And acting director Sandra Thompson to be director of the federal Housing Finance agency. Its amazing what a difference a year makes. We have today safe and effective vaccines that are saving lives, that are getting people back to work. 207 million americans have fully vaccinated. In 2021 we added 6. 4 million new jobs, more in any year since 1939. Workers are demanding raises. Theyre finally getting them. Theyre changing jobs at record rates because people finally have some options. The past year has illustrated our economy works best when it works for everyone, not just wall street, not just the top 1 . Everyone. Whether you punch a clock or raise children or care for an