Quorum. Which brings us to item 3. Clerk mayty make a brief announcement before we move on to item 3 . Yes, please do. Due to the covid19 Health Emergency and given the Public Health recommendations, issued by the San Francisco department of Public Health and Governor Newsom and mayor breed lifted restrictions on teleconference. This meeting is being held Via Teleconference and televised by sfgov tv. For those of you watching the live stream, theres a brief delay. On behalf of the commission, id like to extend our thanks to sfgov tv staff and sfpuc for their assistance during this meeting. If you wish to make Public Comment on an item, dial 415 6550001. I. D. 146 500 3304 and then press star 3 to raise your hand to speak. Im going to ask the commission and staff to please mute their microphones to minimize background noise, if they have not already done so. Mr. Chair, your first item is item number 3, commissioner vacancy and possible election of a new Vice President. Thank you. And le
Are authorized to participate. Even when they are not recognized and that they are responsible and then to convince themselves after they finished speaking consistent with the regulations and only is appropriate. All house rules related to order and decorum applied to this remote hearing. To hold financial regulators tyaccountable and in conclusion perspective from the offices of minority and women inclusion. I now recognize myself or four minutes to give an opening statement. Todays hearing focus Holding Financial regulators accountable with diversity and inclusion. Our country is facing covid19 and an economic pandemic and the fight for social justice. These challenges have reached our personal relationship in the unprecedentedys way. I appreciate all the witnesses i am hopeful we will be able to strike a balance between Historical Context with the demand of greater industry inclusiveness and transparency and accomplishment 2020 marks the tenth anniversary of the dodd frank reform ac
Finalized theres a process and theres a lot of things already baked into provide checks and balances. Moving down, we also have from a more kind of Performance Management framework struck youre, we have our competency model which ive mh370 to and i believe even jenny rice has come to this commission to talk more about the competency model and its basically a Performance Management framework that shows to every employee what success in the job, in their job, looks like. Its also a way for them to understand, how can i progress in my career. Then you can see what kind of competencies may be required for jobs that you are interested in. And so, we are developing this framework and its currently underway and been underway since want to say 2014. Through out our organization and that is such an important thing to show people what success looks like so discipline isnt even an issue, right. And and lastly things we are going to do is a huge focus of our employee Labor Relations group in a hr
Testify on the impact of regulations and efforts to create more diversity in the Financial Sector. This hearing is just under three hours. The subcommittee will come to order. Without objection, the chair has authorized to declare a recess of the subcommittee at any time. Without objection, members of the full committee not on this subcommittee are authorized to participate in todays hearing. Members are reminded to keep their video function on at all time, even when they are not recognized by the chair. Members are also reminded that they are responsible for muting and unmuting themselves, and to mute themselves after they finished speaking. Consistent with the regulations of House Resolution 965, staff will only mute members and witnesses as appropriate when not recognized to avoid inadvertent background noise. Members are reminded that all house rules pertaining to order and decorum applies to this remote hearing. This hearing is entitled Holding Financial regulators accountable for
Thank you. [captions Copyright National cable satellite corp. 2020] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] ] we welcome our second panel of witnesses. Pamela gibbs, the director, office of minority and women inclusion of the securities and exchange commission. Levine is the Director Office of minority and women inclusion of the federal Housing Finance agency. And laura mcrae, the director of the office of minority women inclusion of a Consumer Financial protection bureau. That yourare reminded testimony will be limited to five minutes. I chime will go off at the end that your time. Respect themt you members and other witnesses time by wrapping up your moral testimony. Without objection, your written statement will be made part of the record. Cole, you are now recognized for five minutes to give in or a presentation on your testimony. Chairwoman and a Ranking Member wagner and distinguish