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Pleasure of serving as congresswoman alma adams first legislative director and help get the hbcu caucus started and amazing to see all that the congresswoman and staff have done since then. Today you all are joining us for a really important conversation about the ways at that government, philanthropy and business can support our hbcus and sustaining them into the future and with that im going to invite the congresswoman up to get us started. [applause] good afternoon. Good afternoon. Im still hbcu strong. Thank you all for being here today and thank you shaniqua and thank you all for joining us. Im congresswoman alma adams and it is my pleasure to represent the 12th Congressional District in North Carolina, charlotte, mecklenburg, and cabarras county. Give it up for the queen city. [applause] i want to thank especially our same guests who will participate on todays h ....
In North Carolina, charlotte. A special yeah. Give it up to the queen city. I want to thank especially our esteemed guests. I would lick to thank the members of the first bipartisan here. When i started 8 years ago, i had no idea that we would grow to have more than 100 members but now 8 years in i know that the strength is a strength of how much support we had. Last year we were about to get ignite funding for hbcu through appropriations. Because of the work that we did, 50 million in grants are available to our schools. All right. [applause] make transformative investment and, of course, this includes research productivity, fact ultimatey expertise, graduate programs. Human capital leading to external funding. The investments made in our schools today in investment in the future and so i just yaws myself as an example. I am a living testament for importance of hbcu. My mother raised me. She did domestic work. She was not formall ....
Gives his group the right. They can be offended if they want. But we have rights just like everyone else. Christmas in the park organizers agree. Everybody has aright to voice voice their believes in our we dont necessarily concur with the believes in all cases. But were here to provide a Community Event thats free and open to the public. Event organizers say that the displays are inclusionary, pointing to other trees next to the controversy the one sponsored by different religions. This family points to the tree by the Atheist Community of san jose which they call appropriate. But as long as the tree by the satanic temple is up, the family says they will avoid this area of the park. Several people are have been stopping by asking where in tree is located. Its creating quite a stir. Live in downtown san jose, damian true owe nbc bay area news. Thank you damian. Well fight ....
You can do that if you want. Submit that in writing if you want. Next speaker, please. John [inaudible] i lived in the mission on cab street and 22 for over 13 years and in San Francisco for over 15. Also one of the 70 plus artist displaced in the redlic building after 9 years. Of course im concerned and distressed about the loss of artist space, but more concerned about the domino effect that having a large collection of tech offices will have on the immediate area and the mission as a whole. I dont know if you guys are super familiar with that area but in the cab street area between 16 and 18, there is 3 non profits, 8 automotive repair, a furchture company, a large wood working business and those are just the businesses i can identify visually from the sidewalk and that is a lot of working class jobs. Once there is a large anchor of several Tech Companies in the redlic buil ....
S p down 1. 1 , and the russell down 1. 05 . Why . One main reason is china. China devaluing its currency. The dollar strengthening significantly. Oil is down big time, look at that, dollar strength, it takes fewer dollars now to buy a gallon of a barrel of oil at 43. 2, down almost 4 . Brent down almost 3 , gold up just a little bit as you see there about a half percent. Mandy is out but sarah eisen who knows a lot about currencies and china is with us today. Thank goodness youre here. I live for days like this, watching the dow and the impact of china spread across the globe. Bob pisani, anything with any china or Commodity Exposure is getting pummeled. Dow up 240 yesterday, down 240 now. Its a wasted week so far. Put them up, Materials Energy and industrials to the downside. Thats the big losers. Some of the obvious names and their impact from china. We always talk a ....