President yee good afternoon and welcome to the april 28th, 2020, regular meeting of the San Francisco board of supervisors. Madam clerk, please call the roll. President yee thank you, mr. President. Supervisor fewer, fewer, present. Supervisor haney. Supervisor haney . Okay. All right. Supervisor mandelman. Present. Clerk mandelman. Supervisor mar. Mar present. Supervisor peskin, peskin present. And supervisor preston. Preston, present. Supervisor ronen. Ronen, present. Supervisor safai. Safai present. Supervisor stefani. Stefani, present. Supervisor walton. Present. Can we confirm that it was peskin . Clerk im worried about him. Supervisor walton, walton present. Supervisor yee. Yee present. And supervisor haney, were you able to join us . Okay, haney not present. Can one of my staff check on him, please. Thank you. Mr. President , you have a quorum. President yee thank you. So somebody needs to cut their mike. Its sounding like theres a lot of bass clerk it sounds like supervisor pe
And global names are all taking it on the chin. The market itself is down close to 40 from highs reached a little more than a month ago. And this is feeding on itself. Now, the excuse de jure seems to be the fact that the senate could not cobble together a rescue package late last night. 2 trilliondollar package, democrats say was tilted too much towards businesses. Now theyre scrambling again to come up with something that might be more mutually acceptable. Questions whether it is too little too late. If you consider the 3 1 2 to 4 trillion that the Federal Reserve has provided through everything from cutting Interest Rates down to essentially zero to buying mortgagebacked securities, buying corporate paper, buying anything that they can get their who little hands on to get the cash in the system, that is what it is all about, get cash in the system so people dont feel theyre frozen out, or there is no money available, you hear a lot about this quest for liquidity. Liquidity, my frien
A problem no matter which kind of trade agreement or talk about whether its with mexico and canada or with china as were just about to break get into whats going to the u. S. Markets soar to record highs monday as a socalled phase one trade deal between china and the u. S. Boosted sentiments and relieve fears of another terror a school ation this deal announced on friday after more than 2 and a half years of an on and off negotiations will reduce some u. S. Tariffs on chinese goods in exchange for increased chinese purchases of u. S. Ag more details have emerged from the u. S. Side now an 86. 00 page agreement which ranges from intellectual property to ag purchases where china is to buy up to 50000000000. 00 over the next 2 years raising total imports to 200000000000 dollars while u. S. Trade representative said that this deal is totally done absolutely quote china took a more cautious tone reiterating that this would be quote a huge challenge to fulfill those commitments maging statem
Your number is 2027488001. Ask and if you think the Trump Administration has had no impact on nato, we want to hear from you at 2027488002. You can always text us your response on twitter. Com cspanwj and at facebook. Com cspan. Host here is President Trumps talking about the nato conference. President trump the relationship i have with other countries is really good. Yeah, they cant totally love me when i say you are not putting up your money. Youre not spending the kind of money that you are supposed to be spending because were giving you protection. Youre getting the protection of the u. S. And the greatest military force in the world and youre not paying youre delinquent. So i tell some people theyre delinquent. Theyre not going to love that. Otherwise, theyre going to be the way they are in the last 15 years, not paying and not pay up to the 2 level which frankly isnt that high. 2 isnt that high but i had a lunch yesterday that was great. I call the 2 ers the people that were at t
Business boom bust broadcasting around the globe and covering the world of business and finance and the impact on us all ive been for and im christiane washington has less moving markets today one of mexicos top trade officials says that one of the biggest claims about the u. S. M. C. A. Isnt going to happen because then violate mexican law and sovereignty well explained. Friends new Prime Minister is ready to make good supporting parts of england that came out thanks for him wont break down Boris Johnson spending spree and do it well the back end of it is where the president is ready to airdrop the nations cryptocurrency to the public just in time for the holidays so how much is going to be given away and why is the coolest mother oh doing this weve got the details thanks for being with us on this very busy day a lot to get to and so we begin here with pushback on the new u. S. Embassy a trade deal mexicos trade representative now says there is no way that they will allow labor inspec