Thank you for your patience, without objection the chair is authorized to declare recess of the committee at any time. This hearing is entitled holding wells fargo accountable, examining the role of the board of directors in the banks egregious pattern of consumer abuses i now recognize myself for four minutes to give an Opening Statement. Today we receive testimony from ms. Elizabeth duke and mr. James quigley who until earlier this week served as chair of the board of directors of wells fargo and company and Wells Fargo Bank respectively. Both have resigned after our call for their resignations following the release of a scathing majority staff report on wells fargos compliance failures and their individual failures as Board Members. But their resignations do not absolve them of their failures. Directors at wells fargo and institutions across this country must understand that they are the last line of defense when it comes to protecting their companys shareholders, employees and cust
Commission. As well as andrew perry, senior planner with the office of the Zoning Administrator. And up front, we have joseph duffy, senior building inspector. And given the coronavirus, were taking a few special precautions. We would appreciate if you would the public would use every other seat. If youre together and you dont mind sitting next to each other, thats fine. Additionally, please use Hand Sanitizer when you come up to the use the equipment. Please dont touch it. He can adjust the microphone as well as the laptop and the projector. If youre sneezing or coughing, please leave the room and make sure you sneeze or cough into your arm. If you feel sick, please go home. Physically sick, not related to your case. The guidelines are as follows. The board question that you silence all phones. Please carry on conversations in the hallway. The boards presentation are appellants, respondents, each given seven minutes. Three minutes or rebuttal. Members of the public who are not affilia
Start with the closed session. Before we do, id like to rerecu recuse myself for the closed session. Id like to ask that director hirsch, as i did so last time, take control of the closed session. So ill be back in the board room and hopefully come back out today. Good luck in closed session. All right. Thank you, vice chair gee. As he noted, we are going into closed session. This is an opportunity clerk all right. The tjpa board of directors meeting is back in session. And in item 8, closed session, there is nothing to report. Go ahead and move into next item . Please. All right. Item 9 is communications, and director do directors, im not aware of any. Item 10, new business. All right. Well go into item 11, the executive directors report. Good morning, directors. We have a busy morning, but before we get started, id like to update you with some items. First, id like to update you on the Community Response to the novel coronavirus. We have taken several measures to enhance the health a
Ahead of us, especially in San Francisco and throughout this country. When i look around this room here today, when i think about so many of the incredible inspiring leaders that are with us right here on this balcony, i cant help but be excited about what we are going to do to change the future for the better because we know that we are stronger when we come together. There is nothing we cant accomplish. So we want to keep that in mind as we move forward with these challenges. We are going to take it all head on. We are going to do it because you know what . When women are in charge, great things happens. [laughter] thank you all so much. [cheering and applause] chairman heinicke all right. Good morning good afternoon, ladies and gentlemen. I will call this meeting of the San Francisco m. T. A. To arrested. I will read some preliminary rules after the roll is called. Call the roll. [roll call] clerk thank you. You have a quorum. Chairman heinicke all right. We have a quorum. Obviously
[roll call] clerk noting that director tavares is absent, with that, you have a quorum. Were going to change our agenda here in a little bit and start with the closed session. Before we do, id like to rerecu recuse myself for the closed session. Id like to ask that director hirsch, as i did so last time, take control of the closed session. So ill be back in the board room and hopefully come back out today. Good luck in closed session. All right. Thank you, vice chair gee. As he noted, we are going into closed session. This is an opportunity clerk all right. The tjpa board of directors meeting is back in session. And in item 8, closed session, there is nothing to report. Go ahead and move into next item . Please. All right. Item 9 is communications, and director do directors, im not aware of any. Item 10, new business. All right. Well go into item 11, the executive directors report. Good morning, directors. We have a busy morning, but before we get started, id like to update you with so