For us on the committee to do something radical, to listen more than we talk. For us to heare from our colleagues on both sides of the aisle about their ideas for the next rules package. Regardless of who controls Congress Next year, i think we can all agree running this house with integrity means listening to all members so that is what we will be doing today. We took a collaborative approach with the rules package for this congress and im proud to say the first bipartisan package in decades. It took time to acknowledge no party has the monopoly on good ideas. Of what weve created together, the consensus calendar to expedite consideration of ideas with bipartisan support, the Diversity Office to get the calls falls of Congress Looking like the real world, and the Modernization Committee to advance good ideas from both sides to get this place functioning better. Although we were hearing these in committee, we required other committees hold them so all members have the chance to be hear
Good morning, everyone, this is november 4th, 2020 budget and finance committee. Im chairman fewer. And im joined by supervisor mandelman. I would like to thank sfgov for staffing this. The board of supervisors and the Committee Room are closed. However, members will be participating in this meeting remotely. [inaudible] Public Comments will be available on each item on this agenda, and we are streaming the number across the stream. Each speaker will be allowed two minutes to speak. Comments or opportunities to speak during the Public Comments are available by phone. Meeting i. D. 146291707. Then press pound twice. When connected, you will hear the meeting discussions, but you will be muted. When youre item of interest comes up, dial star 3 to be added to the speaker line. Best practices are to call from a quiet location, and turn down your television or radio. Alternatively, you may submit Public Comment in the following way, email to myself or the budget committee. Icommittee. It wil
Stream here, but thank you. I had the exact same one issue that i dont want to postpone with the same issue you just brought up about the conservatorships, and im looking for chief tong. There you go. Theres chief tong. Knowing a little bit about the conservatorship proceedings from the probate division, i this is seeming a little bit backwards to me. It is in fact true, its a civil proceeding, and they have been pushed way into 2021. But just as, lets say, Domestic Violence restraining orders or those kinds of things have been moving ahead the whole time and have been dealt with timely, you know, we have in this city such stringent requirements, its shocking to me that anybody qualified but so much must be expended upon a single individual before the Public Guardian or Family Member or whomever is allowed to file. But it just seems contrary to my logic that with backed that, with backed up cases, there are more cases coming into the system. Im not asking you to address that now, but i
Experiencing unprecedented declines in activity. Although the remains considerable uncertainty about the economy, we know that the Banking System has served as a source of strength throughout this period. They have supported their customers and committees by pppinating 500 million in loans. The Banking Systems ability to support the economy reflects the Industries Strong capital and liquidity position. In the Second Quarter of 2020, Equity Capital increased to more than 2. 1 trillion, which 13. 4 . Ted to highervels were slightly than the quarter preceding the pandemic. Taken meaningful action to provide banks while maintaining safety and soundness. I will provide an update in five areas in which we have made significant progress. Supporting communities in need, encouraging outstanding loan making. I would like to briefly touch on each of those, starting with our response to the Economic Risks related to covid19. We undertook a series of actions that helped maintain stability in financ
Policy. The committee will come to order. Without objection the chair is authorized to recess the hearing at any time. Before we turn to the substance of todays hearing let me address a House Keeping matter. First let me remind members should during these proceedings with the exception of when theyre speaking take precautions in light of covid19 including by wearing a face cover such as a mask. Were also limiting staff attendance at the hearing. I would encourage and urge unless youre speaking to please be wearing your mask. Were also conducting this hearing in the Capital Visitors Center auditorium, which affords Additional Space for those present to remain fizz any distant from one another. Before i get into the other House Keeping matter let me just express my best wishes to the president and first lady for a speedy recovery from covid19. I know were all quite shocked and distressed this morning to learn of their illness. And we hope for a very speedy recovery. Theyll be very much i