Will be maintaining its ultra easing Monetary Policy for as long as needed. In particular, the target for the federal funds rate is likely to remain near zero for a considerable time after the asset purchases ends, perhaps for a time after the threshold is crossed and at least until the preponderance of the data supports the removing of the. The big question, of course, is when the taper begins. As for his life after the fed, ben bernanke says he looks forward to speaking and writing. Beyond the economy, well get a number of key corporate results today. Quarterly results are due from deere, jcpenney and lowes. In the meantime, we have a little bit of Corporate News for you. Yahoo is increasing its stock buyback by another 5 billion. It will be selling notes that mature in 2018. About 200 million of the proceeds will be used for the stock buyback. Shares rising on the news in after hours trading. Ceo Marissa Mayer speaking at its salesforce. Com meeting last evening. We dont think were
Hello, welcome to the regular pleat meeting of the budget and finance committee. My name is carmen chu of the finance committee. Im joined by supervisor avalos and supervisor kim. Bless you. Our clerk today is alisa miller. At sfgtv we have mark freeman and mike bunch. Do you have any announcements . Yes, please make sure cell phones and collect nick devices [speaker not understood]. Items acted upon today will appear on the january 125th board of supervisors agenda unless otherwise stated. Thank you very much. Would you call item 1 . Item number 1 is a resolution authorizing the San Francisco department of Human Services to retroactively accept and expend a grant in the amount of 105,000 from code for america labs, inc. , toward the cost of participating in the 2013 code for america cfa fellowship program, which has specially selected the department of Human Services to receive Technology Design services from cfa to increase access to Public Benefits by the citys lowest income residen
Its graphic but its important to understand what happened to george floyd. You see that officer and two other officers aside from Derek Chauvin, the one there with his knee on George Floyds neck. Hes already been charged, right, hes already been charged with thirddegree murder. So they dont intervene as floyd repeatedly tells them, he cant breathe. Over the course of several minutes, 8 minutes. In minneapolis last hour, the family of george floyd and Attorney Ben Crump visited the site of George Floyds final moments. Floyds son calling for justice. Every night with my family, my father. No man or woman should be without their father. We expect all of the Police Officers to be arrested before we have the memorial in minneapolis, minnesota, tomorrow. Because we cannot have two justice systems in america. One for black america, and one for white america. We must have equal justice for the United States of america. And change is going to come in the tragic killing of george floyd and i pro
The force that was on lake street that arrived yesterday morning with the Safety Patrol they secured their locations throughout the day supporting the state patrol, continued their operations, the recommendation from the Police Officers that they were in direct support of were to leave the area immediately so they followed those directions and their Police Brothers and sisters out of the area. Our team went and occupied in Assembly Area where they reconstitute, reorganize, prepare for a following mission, they remain and were redirected in support of the deferment of Public Safety which i mentioned, where that force was relocated to and remained. We are hearing reports that it is not only the criminal element, some White Supremacists have come to minnesota and are causing the destruction. Are there White Supremacists causing destruction in the city . Unconfirmed reports, we have intel from all the different agencies, i cant confirm this. My suspicion is yes, it is worse than that, the