Good morning. Today that committee convenes to a hearing on the faa oversight of aircraft certification i welcome our witnesses mr. Dixon and mr. Steele father sonja who tragically died plate three oh two and we thank them for participating. March 10 mark the oneyear anniversary of the crash of Ethiopian Airlines three oh two which was preceded by the p loss of flight 602. The aircraft involved in both accidents was the boeing 737 and max are deepest sympathies continue to go out to the families those loved ones who are among the 346 souls lost in these questions. Since the Ethiopian Airlines crash the committee has heard from many whistleblowers at the faa and boeing in the Aviation Industry. It is increasingly clear from our investigation the faa has a number of Serious Problems address. My investigation staff is interviewed dozens of witnesses many thousands of documents and emails and diligent pursuit of the facts. No matter where they lead i must express my profound frustration wi
Good morning. Today the committee convenes for a hearing on the federal Aviation Administrations oversight of aircraft certification. I welcome our witnesses, faa administer steve dixon and michael stumo, father of samyo who tragically died and thank them for participating. March 10th marched the oneyear anniversary of the crash of ethiopians flight 382. The aircraft involved in both accidents was the boeing 737 max. Our deepest sympathies continue to go out to the families of those loved ones who are among the 346 souls lost in these crashes. Since the Ethiopian Airlines crash, the committee has heard from many whistleblowers at the faa, at boeing and in the Aviation Industry. It is increasingly clear from our investigation that the faa has a number of Serious Problems to address. My investigation staff has interviewed dozens of witnesses, reviewed many thousands of documents and emails and been diligent in pursuit of these facts. No matter where they lead. However, i must express my
The hospital fed chair jay powell told congress more stimulus may be necessary. A moment ago, looking at the dow futures. Up by about 67 or 70 points. S p up by 10. 50 and nasdaq up by 152. 10year at 0. 743 below yesterdays close. We have a huge line up again today. Amazing. Former Economic Advisor to president Obama Joining us about an op ed hes just penned. General motors Ceo Mary Barra with us. Investor Glenn Hutchens and Dallas Mavericks owner and netflix cofounder and ceo of netflix with Important News to share this morning some stocks to watch you might keep an eye on ar call revenue was a little short results would have been better but customers in hard hit areas postponed purchases including hospitality, retail and transportation clients shares of groupon reported a First Quarter loss that wasnt as bad as expected saying it was challenging, people turned to discounts on Warehouse Club members, flour delivery and e learning. I was willing to send some flowers. We waited up late
Tumlin will talk about this, but last week we did have a press event with supervisors peskin and preston announcing that we will be delaying our fare increases. Obviously when we were voting upon that fare increase, we could not have understood the magnitude of what was before us and not to mention we didnt really have a path forward in being able to fund the operations, so i want to thank you supervisors peskin and preston for working with us to come up with solutions which i cannot tell you what they are today. But to look at how we can fill those funding gaps which primarily effect us in year two of the budget cycle, not so much in year one. That will be coming back to us in the future. And also with that we will not be having a Charter Amendment related to sfmta. Thank director tumlin for his work in working with the supervisors, and just say it was a pleasure to be there to represent the board last week at kirkland lard. And with that, i will turn it on to the next item. All right
[gavel]. Good afternoon. Like to call to order the regular meeting of the San Francisco Public Utilities commission. Todays date is tuesday, february 25, 2020. Roll call, please. [roll call] clerk we have a quorum. Very good. Commissioners, you have before you are the minutes of february 11. Are there any additions or corrections . Ill move approval. Second. Is there any Public Comment on the minutes of february 11 . All those in favor . Opposed . The motion carries. At this time, id like to call for a general Public Comment. Clerk madam president , we need to hear oh, im sorry. Thats okay. Clerk its been a long day. Shake the sand out of your shoes. General Public Comment, item 4. Members of the public may address the commission on items that are within the commissions jurisdiction but not on the agenda. Beiokay. I have six speaker cards. Bill collins. Bill collins for pacifica. First, id like to thank the commissioners for serving and particularly you, president caen, for your years