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There are four of you and there is quorum, i will text the commissioner to see if she needs help. President bernal with the quorum present, we move on to the next item. The approval of the meetings of the minute of september 1st. Wrong date, im looking at the minutes. The minutes of the meeting of september 15. Upon reviewing the minutes and without amendment, do we have a motion to approve or any amendments from the commissioners . So moved. Second. Before you all vote there is nobody on the Public Comment line, so there is no need to take Public Comment. I can take a roll call vote, commissioner. President bernal yes. Commissioner green yes. Commissioner chung yes. Commissioner chow yes. And lets see if okay, i will call her as we move into the next item. That looks like the minutes passed. The next item is the directors report. Director colfax. Good afternoon. The director ....
Commissioner to see if she needs help. President bernal with the quorum present, we move on to the next item. The approval of the meetings of the minute of september 1st. Wrong date, im looking at the minutes. The minutes of the meeting of september 15. Upon reviewing the minutes and without amendment, do we have a motion to approve or any amendments from the commissioners . So moved. Second. Before you all vote there is nobody on the Public Comment line, so there is no need to take Public Comment. I can take a roll call vote, commissioner. President bernal yes. Commissioner green yes. Commissioner chung yes. Commissioner chow yes. And lets see if okay, i will call her as we move into the next item. That looks like the minutes passed. The next item is the directors report. Director colfax. Good afternoon. The director report, grant cocolfax. One item of note, september 30, st ....
Worldwide, a number of stories, including 21 days to the election. Both campaigns gearing up and finetuning. We are distracted by Bank Earnings. Jon ferro, jp morgan doing better than good. Citigroupi am getting , on first blush giving us the same enthusiasm we heard from jp morgan. Jonathan jamie dimons jp morgan delivering the beat, and it looks like city group is repeating the action. Figurepoint out, the eps third quarter, 1. 40. A little bit of an upside surprise here. I believe we have sonali basak with us. What are we seeing. Sonali we are seeing a beat on revenue, on fixed income. We are seeing loanloss provisioning higher than what jp morgan put in, but lower than what analysts expected. Perhaps wall street has just gotten it wrong compared with the banks are expecting in terms of loan losses. They are higher than jp morgan, so we are going to want to understand why the divergence, but overall, pretty clean numbers here. T ....
Closing early is not good. It is extraordinary. The difference versus what we have got here is absolutely extraordinary. Francine on the lockdown, it basically gives you a kind of a benchmark, code red, code rain, code yellow, to get a sense of what you code green, code yellow, to get a sense of what you need to do. They are trying to make it simple, but we are not even 24 hours until forest johnson made that announcement. Tom Jacob Sharfstein of Johns Hopkins, we talk to him two times a week, the lead quote today in the Washington Post be inoat it is real simple the Washington Post. It is real simple. Were just waiting for a vaccine. Leighann President Trump says he feels so powerful after recovering from ....