Call 888 8086929 and then code 9961164 and then finally 10. Mr. Moderator, yo if you would let us know if there are members of the public who wish to address the board. Operator to summon each question press 1 and then 0. It looks like no members of the public dialing in at thisman. This minute. So we will close Public Comment. Well close Public Comment on item 4 and ill entertain a motion to approve the minutes. So moved. I heard two and would you please call the role. role call . Mr. Chair, you have a unanimous vote. Very good. On communications, well provide overview as to why were doing things this way and ill be more brief than i was last time, but due to the covid19 Health Emergency and given the Public Health recommendations issued by the department of Public Health and given that the governor has lifted it, this is being held with all members and staff Via Teleconference to ensure the safety of the board of directors, staff and members the public. In our published notice, we as
Profits could be dragged by 4 billion in pandemic opening related cost. The dow by 1 3 4. Nasdaq down by 1 1 2. I think next year will be a spectacular year in terms of growth and bringing our country back. That is tran15 is speaking on the economy predicting the economy will rebound. 30 million americans filed and implement claims in the past six weeks. The administration said the new jobless claims have gone down week by week. The president is holding a white house ceremony. Leaders said they are not satisfied with the federal governments response and want another relief bill to help smaller communities. House Speaker Nancy Pelosi said the house will not return to washington next week. Several members well. Democrats look at virtual and in person meetings as they craft the next cares act. Today, employees at some of the nations Biggest Companies planning a strike on this may 1 which is International Workers day. Employees at amazon, target, walmart and fedex, some of those set to wal
Congress is negotiate its next round of Coronavirus Relief for the economy and weve seen a stunning move in oil crude was higher by 2 now down 9 as we await the final details out of the opec meeting. Energy sector now word on the s p. Yeah, been a real reversal there. Coming up on todays show, dan niles tweeting a warning about the rally. Hes going to join us with the risk he sees at these levels, plus, well speak with max levchin. Well ask what his micro loan customers are buying amid the shutdown and his read on the state of start ups right now lets focus on the big stories were watching today though. Steve liesman has detailes on te feds big moves and kayla is following the battle for more stimulus on capitol hill but steve, were going to go to you first to talk about the fed. Yeah, morgan, just quick moves the fed has announce nd the last hour. The its reduce uing the purchases of treasuries and mortgages. Treasuries down from 30 to 50 billion a day. Down to 15 from 25 apparently,
9961164 and then finally 10. Mr. Moderator, yo if you would let us know if there are members of the public who wish to address the board. Operator to summon each question press 1 and then 0. It looks like no members of the public dialing in at thisman. This minute. So we will close Public Comment. Well close Public Comment on item 4 and ill entertain a motion to approve the minutes. So moved. I heard two and would you please call the role. role call . Mr. Chair, you have a unanimous vote. Very good. On communications, well provide overview as to why were doing things this way and ill be more brief than i was last time, but due to the covid19 Health Emergency and given the Public Health recommendations issued by the department of Public Health and given that the governor has lifted it, this is being held with all members and staff Via Teleconference to ensure the safety of the board of directors, staff and members the public. In our published notice, we ask the public to participate rem
You have five questions remains. This is for topics discussed by director tumlin. Next speaker, please. Give us your name and well start your two minutes. Question im cliff barger and thank you for giving us the opportunity to call and give comments. This is the first time ive been able to give comments because of the time and place of the meetings. I want to thank director tumlin for his great presentation and thank you, chair, for your long service to the board and thank you, also, members. I want to applaud mta for approaching this slowstreets initiative. It was exciting to see our friends across the bay do this and im glad were learning from their experiencing. As a resident, im glad to hear director tumlin mention the third street bridge and the possibility of extending closed streets to terry francois. Opening up the waterfront is more important and one of the most crowded places ive seen since the lockdown has gone in place. And so thank you very pitch. Much. I echo the previous