After 10 00 this morning. The p has been calling for rate cuts and more of them, the reaction was essentially they didnt do enough. This is the president s tweet, the Federal Reserve shut asking, further ease and come into other countrys competitors. Were not on level playing field. Not fair to the u. S. Finally time for the Federal Reserve to lead, more easing and cutting. After that, jay powell gave his press conference, 11 00 here on the east coast and the chair of the Federal Reserve was asked whether or not there was any political pressure for this move. As he has, time and time again, he said no. Here was powell from earlier today. Well always make our decisions in the interests of the American People to Carry Forward and try to achieve mandates congress has given us and were never going to consider any Political Considerations whatsoever. We will not do that and it is very important that the public understand that. Reporter right now here in washington President Trump is speakin
54. Train to the guilt of the 10 year treasury driving much of the Market Action weve seen over the last several sessions is below two pointy . A look at european stocks this morning tried to snap a sevenday losing streak on the back on wall street gains yesterday the dax in germany and the cac in paris half of 1 . Train to a nation to come in a restraining as the nikkei index edging 1. 6 higher in chinas shanghai composite sinking 120 . Turn through the house passes a new spending bill as President Trump threatens to let the Government Shutdown. Cheryl a bombshell. Casino mogul steve wynn is stepping down. Following a novel inch of misconduct allegations. Fbn am starts right now. Lauren 5 01 a. M. In the morning. Good morning, everyone. I mourn femininity. Train to good morning, everyone. Im cheryl casone. Lauren welcome back to a couple wild swings in the stock market that continued this wednesday morning. Futures pointing to a sharply lower open after what we see, who knows. Down to
Transportation system. From all the research we have done we know Vehicle Technology can meet multiple city goals if guided effectively. They can reduce traffic fatality, reach the [inaudible] and reduce [cough]. We think we combine the suvss together and should be able to see something that is trans formational and [inaudible] shift more priority for things we care about which is walking transit and cycling but also if we can save up the demand for needed to use the parking garages we can potentially transform them and create Affordable Housing is that is a huge opportunity to reclaim some of our public Space Dedicated for private car use over to something that is more aminable to social equity which is Affordable Housing. The grant focused on 3 areas, one is create a city policy framework [inaudible] a lot of the companies are brand new and they are literally all over the place in terms of their ability to meet our city goals and objectives. Work on developing the [inaudible] and the
Supervisor farrell has asked to be excused in adivision supervisor kim is ill and unable to attend so can i have a motion to excuse commissioner farrell and commissioner kim . Motion by commissioner cohen, seconded by commissioner compose and do wree need roll call on that or take that without objection. Take without objection. Item number 2 chairs report. This is a information item. Colleagues we have two pieces of good news to share. First i like to congratulate cal trans and Transportation Authority with public and private sector partners for winning the california transportation award. We had the opening of the new presidio parkway replacing the doil drive with a safe, modern and beautiful facility. I like to applaud the organization for their work and thank for the recognition as we finalize dlinchy of the innovative project. Speaking of invasion, i would like to thank u. S. Transportation anthony foxx for making San Francisco eligible to compete in the smart city challenge progra
Supervisor farrell has asked to be excused in adivision supervisor kim is ill and unable to attend so can i have a motion to excuse commissioner farrell and commissioner kim . Motion by commissioner cohen, seconded by commissioner compose and do wree need roll call on that or take that without objection. Take without objection. Item number 2 chairs report. This is a information item. Colleagues we have two pieces of good news to share. First i like to congratulate cal trans and Transportation Authority with public and private sector partners for winning the california transportation award. We had the opening of the new presidio parkway replacing the doil drive with a safe, modern and beautiful facility. I like to applaud the organization for their work and thank for the recognition as we finalize dlinchy of the innovative project. Speaking of invasion, i would like to thank u. S. Transportation anthony foxx for making San Francisco eligible to compete in the smart city challenge progra