Beijing says mainland infection rates are falling rapidly. The virus continues to wreak economic havoc. Data shows acrosstheboard slumping china for the first time on record. Shery lets take a quick check of the markets closed in the friday session and how u. S. Futures are reacting to that emergency rate cut. We are seeing u. S. Futures accelerating losses at the open, down more than 4 despite the fact we saw another emergency rate cut by the Federal Reserve and President Trump expection x resting satisfaction expressing satisfaction. This comes on the cut friday and we saw the s p 500 seeing its best day since 2008. We have every sector of the s p 500 index in the green, rising at least 4 following the worst session since 1987. We did have the president also coming out with many measures to support the economy including a declaration of National Emergency and moving to prop up energy prices. A moratorium of federal student loan interest. Not to mention the private sector jumped into
Those who are joining this morning, doctor bianchi of the Eunice Kennedy Shriver Institute for child health and develop, almost as long as the subcommittee on health, education, Human Services and related agencies. Doctor Anthony Fauci of the National Institute of allergy and infectious diseases. Doctor gary gibbons, director of the National Heart, lung and Blood Institute. Doctor sharpless of the National Cancer institute. And doctor dora volkow, welcome to all of you. Leader hoyer asked me to you have the nih coming . And he said this is one of the most remarkable hearings we have, thank you for the work you do and the differences you make in saving lives. At the start, let me touch on the matter of the coronavirus. I want to say thank you to the director, all the institutes. I want to say thank you to doctor fauci and say for Public Health experts, what, what you are doing on what is clearly a matter of National Importance and national urgency. We will be discussing the 2021 budget
Us . Seeing none, closing. Clerk announcements. Item 2, the planning staff report in announcements. Ill mention that commissioner melgards last day was january 30th. Shes resigned her post as a Planning Commissioner. And board president norman yee has nominated a replacement. She went before rules on monday or tuesday and was forwarded unanimously to the full board for their consideration. Thats all i have. Anything . Okay, great. Clerk president s reports and announcements. None. Clerk item 4, consideration of adaption of draft minutes from january 15, 2020. President hyland back to the commission. Clerk on that motion to adopt minutes for january 15, 2020, commissioner black, commissioner foley. Commissioner johns, commissioner pearlman and commissioner so and commissioner mcspadden. That passes 70. And item 5, comments and questions. President hyland any comments, okay, none. Clerk commissioners, consideration of items proposed for continuous. You have one item number 6, 2019022536d
We expect commissioner richards to be absent today. First on your age is consideration of items for continuance, number 201900421c at 2829 24th street, conditional use for continuance to february 20, 2020. Item 2, 20154109c02 at 333 12th street, proposed ford continuance to march 5th, 2020 and item 3, number 2016 2016006860 ika at 65 ocean avenue, inkind agreement for continuance until april 2nd, 2020. Further commissioners, under your regular calendar, item 12, 12576 1769 lombard street requesting a continuance for a medical condition that came up and under the discretionary review, item 16, 2017010281 zrp at 23 236 el camino it is propod for continuance to march 12th, 2019 and 1769 proposed for continuance to march 5th. I have to speaker cards. Would any members of the public like to comment on the items proposed for continuance, come on up. Im representing the business opener for 1769 lombard street. I just wanted to elaborate more, the request is very sudden and unexpected. So i ha
Speemac. [background sounds] subcommittee on Oversight Committee will now here comes the order. It is hauling hearing in china and the public help emergencies, to curb the Opioid Crisis. The premise of todays hearing is to examine states efforts and successes and adjusting the Opioid Epidemics as well as opportunities for future federal support. And just to let everybody know, doctor alexander, the reason why we are Getting Started a little late. The plane was delayed. But now the dr. Is on our way. We will swear in the witnesses when we get to that. If we have to do that later we will. The. [cheering]. Will now recognize the suffering Opening Statement. As i said, today the committee contends his bipartisan efforts to combat the Opioid Crisis. As we know, the countries in the midst of an epidemic unlike any of recent history. According to the centers for Disease Control and prevention, from 1999, 2017, nearly 400,000 people died from opioid overdoses. In 2017, more than two thirds of