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Senate but expect that to happen. Yesterday on the midday news, we were able to say that biden had confirmed that yellen was, indeed, his pick for treasury secretary. Wall street has suspected that for more than a week. She is one of the reasons the stock market has been doing so well. But this morning, as you saw on nbc bay area in that special report a short time ago the president elect made all of this official. The team im announcing today will play a Critical Role in shaping our plan for action starting on day one and move fast to revive this economy. They are going to help me help us, help the country lay out my build back better plan. Its my great honor to have this opportunity to serve you and the american people. And to join this incredible Economic Team at this moment of great challenge for our country. Reporter president elect biden has named neera tanden as the dire ....
Morning, thevember imf is direct. There is real risk to any form of international recovery. They look at the pandemic data, they look at the gdp data, and they look at the lack of fiscal stimulus nation to nation. This time is different. These headlines are original before a g20 meeting, but we got to get right to this. This is a real wakeup call of the immediacy into december. Fromhan its an echo chairman powell and president lagarde over the last few days as well. I think market dispenser quick to untangle be shortterm from the longterm, to bear their hope in the sands of in the back end of 2021. I think what policymakers are suggesting is that the shortterm matters. It can shape what the longterm looks like area when you look at the balance of risks, they are tilted aggressively to the downside. Abramowicz, this headline, elevated asset values point to Financial Stability risk, and i am surprised that is a judgment by imf ....
Board will not take any formal action but looking forward to peoples comments and questions. Any people on the line, moderator . You have seven questions remaining. Chair borden okay, our first speaker, please. Caller hello. My name is joel kamisher, a School Crossing guard and a member of the sfciu 10 to 1 bargaining committee. We have been trying to talk about not outsourcing people to protect the city workers and im hearing that discussion about the flaggers and the pedestrian monitors. I wonder if we could use our own workforce, the parking control people and the crossing guards instead of having the contractors hire private people. I realize that the flaggers might have their own union, so maybe thats a problem. But im hoping that we can do other things to reduce the need of contract people to prevent layoffs . Thank you. Chair borden thank you, next speaker, please. You have six questions remaining. Caller hello, members of ....
Thats due to more restrictive measures being instituted in california and other states to help stem the growing tide of covid19 cases. Today, the cdc announced its recommending against travel for the holiday. Ktvu southbound reporter jesse gary picks it up from there. Reporter with a week before thanksgiving, air travel is light at Oakland International and other bay area airports. We just wanted to break it up, so that we werent traveling with a bunch of other people. A little bit easier the week before. Reporter this as officials at Mineta San Jose International airport say travel during the 11 day thanksgiving holiday period is scheduled to be 1 5th less than it was the year before. This is the simply the fastest increase california has seen since the beginning of this pandemic. Reporter newsom says 94 of the states population is now in the purple tie ....