Been given the runaround. I decided to send email to them. I sent them an email. I got a response right away that they would respond in eight business days. Stories have been to come in during the pandemic. Confusion and late payments. Checks being sent to the wrong address. The major problem was the system was completely overwhelmed. He was the former director. Is a the amount of claims backlog the system because so many of them had to be processed by hand. About 40 percent of claims have to be dealt with manually. Especially when youre talking about over 10 million claims filed since the start of the pandemic. The state will not accept new claims for two weeks weather overhaul the outdated online identification system. This comes after he put together a strike team. To tackle some these challenges. New guidelines were introduced this weekend. It includes making Technology Systems customer focus. Implementing the verification told to fight fraud and to improve transparency. A spokespe
Until Californias Department of Public Health has stepped down from her job. She did not give a specific open this wednesday. Reason for leaving her officials announced they are opening next monday, august 17. Position. Her resignation comes less than all students will begin with one week after state officials announced the Computer System had undercounted the coronavirus cases. Distance learning. This initial phase could last she was named the state health for three weeks or longer, it officer and Health Director depends on Public Health conditions. In oakland, students are back to their virtual last october. Coronavirus cases in the u. S. Have surpassed the 5 classrooms. This is the very first day of million mark. 40 of those cases are in five school. There is still no deal between states. The Oakland Unified School district and the Teachers Union california, florida, texas, new about what Distance Learning should look like this school york, and georgia. Weather 163,000 people have d
The dollar,ack to so it was not clear what the safe haven was today, and then the vix is lower. Lessinly pricing in a lot risk than we were even a few weeks ago. Murky in terms if the market is hoping for some stimulus to come in. Financials aret your outperformance on the day, probably with that very small uptick. Atlor the senior strategist invesco is still with us. I know you said you favored equities over treasuries, but how does highyield and credit look . I was looking at our highyield barclays index. I thought 500 basis points over treasuries looked at one point, and down further, we migrate. How are you viewing credit at this point . I think we are being incentivized on credit, and i expect we will be incentivized to own credit and i expect we will be for a while. These moves that presage a recession, and that is the time when you need to hold true and by Corporate Bonds and investments that always bemoan the low yields never seem to want to do so. You get the policy response i
Hearing will come to order. I welcome everybody to this hybrid hearing. Both Ranking Member mister heiss and myself have wanted to have hearings resume in person. Especially when we are in session i made a promise to mister heiss that i would fight for that and today is the fruit of that effort i believe when we were in session, to the extent possible, protecting everybodys health and safety, we can and should be meeting like this. At least in hybrid form those members who are not comfortable or who physically cannot join us in the hearing room are more than welcome to join us through the web. We are happy to have them. We ask everybody, when they are not speaking, to wear a mask that is the guidance and the capitol hill position. That is the guidance of the chairwoman of this committee. It protects everybody i really appreciate that cooperation. Let me see. For members appearing remotely, just a few reminders before i get my Opening Statement. House rules require that we see you so pl
Orders as some have continued to host a large weddings and now the latest church to land in the spotlight during the pandemic is star of the sea church in the Richmond District for say the sacking joins us live from the church tonight she has more taylor. Well that information went out in a newsletter to church goers this weekend in that letter father, joseph below downplays the coronavirus essentially says that people should be coming to mass. First it was places like saint peter and paul church in north beach putting large Indoor Services and weddings during the pandemic. And now its this controversial letter from another Catholic Church in San Francisco, the star of the sea newsletter from father joseph below begins as follows the only reason to become a catholic is to become a seat were more concerned about safety and sanctity referring to the pandemic the letter goes on to imply that this philosophy will hurt People Mission but Church Services above their own health. Once you get