When we reach the item youre interested in, press star 3 to be added to the queue. Each speaker will be allowed up to three minutes. When you have 30 seconds remaining, you will hear a chime indicating your time is almost up. I will announce that cure time is up to take next person to speak. Speak clearly and slowly and please mute the volume on your television or computer. I like to take roll at this time. [roll call] first touch is consideration of items proposed for continuance. 1760 ocean avenue, conditional use authorization proposed for continuance december 3, 2020. Item 2, continuance december 17th 2020, item 3, 1600 ocean avenue, conditional use authorization has been withdrawn. Im pleased to announce to you that under your discretionary review calendar, item 12, 811 valencia street, the discretionary review has been withdrawn. I have no other items proposed for continuance. We should take Public Comment on the matters proposed for continuance or that have been withdrawn. Membe
Treasury secretary and Federal Reserve chair paul testified on the federal governments response to the corona virus pandemic. Including the impact of the Paycheck Protection Program on Small Businesses. From the House Financial Services committee, this is two hours. [inaudible conversations] [inaudible] including some required by the regulations. [inaudible] Remote Committee proceedings. Ive asked all members on the platform to keep themselves on me what when they are not being recognized. This will minimize disturbances while members are asking questions of the witnesses. Members on the platform are responsible for muting and on muting themselves. The staff has been instructed not t to meet its members except where a member is not being recognized. If there is inadvertent background noise. Members on the platform are reminded that they may only attend one remote hearing at a time. So if you are participating today, please remain with us during the hearing. Members should try to avoid
Day after he is discharged from the hospital. Ath the election less than month away, wildfires continue andavage the west coast, office work in question. What is happening with the Real Estate Market . U. S. Stocks tumbling after President Trump said he is ending stimulus talks until after the election. This was hours after fed chair jay powell renewed his warning that the economy will stumble without additional stimulus fiscal report. The backt falling on of this report. Abigail once again, a topsyturvy day. Trump tweetingt around 2 50 p. M. , it was a jittery day. A piece of that was big tech. Ahead of President Trump tweeting, we had the s p 500 up 0. 6 . So, investors working past those jitters. President trump coming out and saying he wants to and stimulus talks. Intraday move, perish to the downside. S p 500 to finish down 1. 4 , and if you include the total move, down 2 . If they really thought this was the end to the negotiations, you might have seen more of a selloff. This cou
From the House Financial Services committee, this is two hours. [inaudible conversations] [inaudible] including some required by the regulations. [inaudible] Remote Committee proceedings. Ive asked all members on the platform to keep themselves on me what when they are not being recognized. This will minimize disturbances while members are asking questions of the witnesses. Members on the platform are responsible for muting and on muting themselves. The staff has been instructed not t to meet its members except where a member is not being recognized. If there is inadvertent background noise. Members on the platform are reminded that they may only attend one remote hearing at a time. So if you are participating today, please remain with us during the hearing. Members should try to avoid coming in and out of the meeting particularly during the question period. If during the hearing members wish to be recognized, the chair recommends members identify themselves by name so as to facilitate
Set to expire august the first. A new report from working partnerships usa and the Law Foundation of Silicon Valley predicts a looming crisis when that happens. We predict and eviction time bomb of 43,000 evictions which is 16 times the normal rate we see in a typical year. Reporter this, in Silicon Valley where rents are among the highest in the nation and when the moratoriums and tenants will be asked to pay back rent too. Most of these low income tenants that have been unable, they have been unable to pay rent, they are going to struggle immensely to pay hundreds of dollars additional each month to be able to pay the back rent. Reporter the nonprofits say there needs to be action to extend the moratorium and to provide Legal Assistance and to get congress to act on rent relief. We see this crisis compounded what was already a very severe housing crisis. Reporter the California Department association believes there is a crisis too, but sees a different solution, government rental ass