Damage the coronavirus crisis, he says, raises those longterm concerns that he was talking about. The u. S. Response to that point he says has been swift and forceful the fed has acted with unprecedented speed and force. He cites a survey that shows in the month of march, 40 of households making less than 40,000 has lost a job carl lets get to the webcast. Here is the fed chair. Its very hard to imagine we could have anyone better than jay powell thank you for coming back to the Peterson Institute, chairman powell thanks very much, adam. Its great to be back. I have some brief remarks and then ill look forward to our discussion the coronavirus has left a devastating human and economic toll in its wake as it has spread around the globe. This is a Worldwide Public Health crisis and Health Care Workers have been the First Responders showing courage, determination and earning our lasting gratitude. So have the legions of other essential workers who put themselves at risk every day on our b
He was working on federal issues. And time when fiscal policy the interaction is critical, it is hard to argue we would have anyone better than jay powell. Thank you for coming back to the peterson institute, chairman powell. Thank you very much, adam. It is great to be back. I have some brief remarks and then i will look forward to our discussion. The coronavirus has left a devastating humid and economic toll in its wake. It has spread around the globe. This is a Worldwide Public Health crisis and Health Care Workers have been first responders, showing courage and determination and earning our lasting gratitude. So have the legions of other essential workers that have put themselves at risk every day on our behalf. As a nation, we have temporarily withdrawn from any economic and social activity to help slow the spread of the virus. Some sectors of the economy have been effectively closed since mid march. People have put their lives and livelihoods on hold, making enormous sacrifices t
So many of our businesses are hurting now. They need support now, and also will need support in the future. Some of the programs that we put forth here in the city, immediately, almost, was to defer the payment of business taxes until next year. We actually extended the deadline for fees, as well. We provided resources for paid sick leave so businesses can extend paid sick leave payments to their employees. We provided grants and loan opportunities with no interest and flexible repayment schedules. We have also provided arts grants for so many of our artists who rely on performances and other events in order to take care of themselves. As someone who not only loves San Francisco, but as someone who uses so many of our Small Businesses, whether it is the drycleaner that i have been going to since i could afford a drycleaner, or the person who does my hair or my nails or the musicians that play at the lounges and restaurants that i love to go to all over the city all of these very unique
S San Francisco has been doing a great job flattening the curve and sfds has been a big part of that. The stepsky foundation and Silver Giving Foundation at 225,000 and somaland foundation 476,000, linkedin, 146,000 and the Webb Family Foundation at 70, Golden State Warriors at 50 and walter and alysse haas fund and the Tipping Point community at 25, and the stepski foundation is 20 and i want to thank all corporate and giving foundations and individuals this is a Response Fund the ones their gave before throughout the year and this is the ones for the covid19 response. And toma bravo at 1. 1 and anonymous at 11,000, Golden State Warriors at 125 and the hellman foundation, 50,000 and palms against poverty is 28 and herbert and Gene Foundation at 25 and facebook is 20 and cohen elevators is 20 and the wells fargo 20 and google fiberton 10. Wellington management 10, the 697 and alaskas airline 5,000 and odell family and dennis wulliver kelly and these are all that have given towards are
Present. Commissioner paulson . Present. We have a quorum. At this time i would like to make a brief announcement. Due to the covid19 Health Emergency and given the Public Health recommendations issued by the San Francisco department of Public Health and mayor brown have lifted the restrictions on teleconference. This meeting is being held virtually with all members and staff participating today via teleconference. This will ensure the safety of the commission, staff and members of the public. If you have not already done so, i am now going to ask all members of the commission and staff to mute themselves to minimize background noise. This meeting is being televised by sfu tv. For those of you watching live stream, please be aware that there is a 20 to 40second time lapse between the live meeting and what members of the public are viewing on sfu tv. We extend our thanks to sfu staff and sfu tv i. T. Staff for their assistance. If you wish to make Public Comment on an item, please call