As follows Public Comment excuse me will be taken on each item had your item 6 interest comes up please line up on the right and have comment cards are submit in writing and either little following ways email to the Government Audit Oversight Committee clerk if you submit by email forwarded to the supervisors and included as part of the initial files and sent a written communications to our office at dr. Cal to room 244 San Francisco, california 941 owe 2. Downtown support special use district please submit them to me before the end of meeting and silence all cell phones to prevent in any interruptions of todays proceeding and items are expected to appear on the board of supervisors on march 19th unless otherwise stated thank you you madam clerk call item agreement with a nonprofit Owners Association for Administration Management of the established propertybased Community Benefit district Community Benefit district Community Benefit district highways code, section 36651, for a period e
Lightning strikes due to the unsettled weather. Photojournalist captured this as he was driving down highway 87 in san jose. With the thunderstorms came the rain. The sky suddenly opening up in gilroy this afternoon. For more on all of this wile weather and if is going to calm down, here is paul heggen. We expected the showers but not the number and intensity of the thundershowers. The funnel cloud likely what we call a cold air funnel and they rarely ever reach down close to touching down but startling if you were seeing that. Now thing are calming down. We have an urban and small stream flood advisory in effect for Alameda County until 7 15. I thought the Weather Service was going to cancel it 45 minutes ago because the rain quieted down in that part of the region. A few pinpoint showers one in santa rosa for the most. Those will calm down now that the sun is down it takes a lot of the energy out of the atmosphere. The loop over the past couple hours, you see the showers diminishing
Katie welcome to bloomberg markets. Take a look at markets now and you have the big benchmarks fighting to stay green even as we worry about regional banks. The s p 500 is higher by 0. 2 and big tech is slightly better. The nasdaq 100 is up about 0. 4 . Kre is an etf that tracks regional banks and its off by about 2. 2 or so. The new York Community bank shares are at the lowest since 1996. They are plunging once again for the commercial real estate lender said it found Material Weaknesses and how it tracks loan risks. Hermann chan joins me now. Could this test put this into context. We were waiting for another shoe to drop so how bad is this one . The disclosure yesterday evening about the Material Weakness raises questions on how the bank is monitoring their Loan Portfolio especially with heightened exposure to areas of concern like Office Commercial real estate and rent regulated apartment lending. It adds to the uncertainty and raises questions on future potential provisions for loa
Ordered. I was reminded members wishing to insert documents in the record please also email the documents i dont recognize myself for the purpose of an Opening Statement for five minutes. Thank you for being here administrator whitaker. I want to first off congratulate you for your unanimous confirmation vote. As you know achieving Something Like that in todays times is quite remarkable. Really appreciate your expertise head look forward to working with you. I hope you understand the strong support from congress but also enormous recognition of the responsibility of the job youve now taken on. We have heard a lot of descriptions about americas Aviation Industry. Everything about its the Gold Standard, its a leading edge of technology we have also seen in recent months we have had incredible challenges in the Aviation Industry. I cannot say enough the Aviation Industry needs to be successful. It used to be successful in terms of promoting technology, regulatory stability, safety and imp
Now it is my absolute pleasure to introduce our guest speaker. Jennifer pahlka is the founder of code for america, former deputy chief Technology Officer under obama. Her book, recoding america why government is failing in the age and how we can do better was recently called one of the best policy books ive ever read. And the book i wish every policymaker could read by New York Times ezra klein, who, as probably all know, has quite, quite a big reach. Her book, a bold call to reexamine how government operates it goes beyond a call for more money or fancy or technology and into root cause analysis of the improvements that need to be made to end growing bureaucratic dysfunction, governments simply must start better delivering for citizens or populism will be the end result. Youll more about the poor implementation of healthcare. Gov of the federal level and then the appalling 32 billion in fraud losses at californias Employment Development department. Jen importantly is optimistic throug