We are ready to go now. Take it all for joining the first remote hearing of the subcommittee on select revenue measures. We find ourselves in challenging times as evidenced by this new method of conducting Community Business in accord with the Public Health and safety recommendations. But the challenges we encounter here in congress are small compared to what i hear and see and what i am sure all of you here and see in our communities. Im glad we can move forward into the work that our constituents need given the difficult economic situations in which so many find themselves. The covid19 recession has laid bear the economic struggles of millions of American Families with almost no warning the shutdown claimed tens of millions of jobs, and American Workers and families felt the ground ball from under them. Many had been just barely scraping by and unable to save much for a rainy day, and the sudden loss of income has left them nothing. Food banks are Unprecedented Demand in the country
U. S. Senate when they return here on cspan2. Next a house ways and means subCommittee Hearing on efforts to provide tax relief to low income workers, minorities, women and families affected by the coronavirus pandemic. Witnesses include representatives from the National Womens law center, Georgetown University poverty and inequality center, the American Enterprise institute and Childrens Health watch at Boston Medical Center. We are ready to go now. Take it all for joining the first remote hearing of the subcommittee on select revenue measures. We find ourselves in challenging times as evidenced by this new method of conducting Community Business in accord with the Public Health and safety recommendations. But the challenges we encounter here in congress are small compared to what i hear and see and what i am sure all of you here and see in our communities. Im glad we can move forward into the work that our constituents need given the difficult economic situations in which so many fin
Reopen. Wilson walker is live in petaluma where the longawaited reopening is off to a slow start tonight. Reporter thats exactly what i found, we are talking about book stores, Jewelry Stores, Clothing Stores, shoe stores, any number of businesses were eligible today to start opening their doors. I wandered around town for a while looking for folks who were excited to say, and we are open for business and i really didnt find much of that. I think a lot of us are still here in our shops to answer the phone and emails. Reporter as a Clothing Store owner, kathy could have opened her doors today, but she did not, and across town, plenty of eligible businesses appear to have made the same decision. Its hard to find exact information about what we are allowed to do and what we are not allowed to do so i have just kind of been laying low. Some of the employees are thrilled to get out of the house , some are little nervous. Reporter rick lewis was trying to open his Jewelry Stores today but it
You. Lauren you know what . There is a lot going on today, wall street, bottom line, connell is reacting to the reality march is prequel for april and the numbers will get worse. Lets start this morning, retail sales last month, they plummeted the most on record even though stores were actually open in the first half of the month. The National Retail federation expecting more than six million jobs lost. Look at some reaction. Jcpenney now exploring bankruptcy. Best buy furloughing 51,000 workers even as online sales and Curbside Pickup surge there. Amazon up 1 , hitting another record high. This is a sign of the times. Shoppers continue to get what they need from the comfort of their couches. Also wanted to show you guys oil prices. They hit an 18year low. People around the world stay home. Theyre not driving. Oil inventories rising by the most ever last week. Take a look at this. March Industrial Production fell the most since 1946. Measure of factory activity in the epicenter of coro
This is a special meeting on wednesday, february 26, 2020 and et cetera called to order at 1 06 p. M. We thank sf gov tv. Members, please take this opportunity to silence your phones. Public comment during the meeting is generally limited to three minutes per speaker unless otherwise established by the presenting officer of the meeting. Speakers are requested but not required to state their names. A speaker card will ensure the written record of the meeting. Please place the speaker cards in basket. There is a signin sheet on the front tv, and please show the office. Welcome. It is our custom to begin and end each Small Business Commission Meeting with a reminder that the office of Small Business is the only place to start new business in San Francisco and get the best answers. The office of Small Business should be your first stop when you have a question about what to do next. You can find us online or in person here at city hall. Best of all, all of our services are free of charge.