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Ceos from the countries six largest banks, including jane fraser of citigroup and Brian Moynihan from bank of america, testified before the House Financial Services committee on regulatory and oversight matters in the Banking Industry. They addressed several issues including the influence of chinese banks and the impacts of the pandemic. This is part one of a threepart hearing. This first portion of the hearing is two hours. The committee will come to order. Without objection the chair is author...

That chair is authorized to declare races of the committee at any time. This hearing is entitled, Holding Meghan banks accountable. Oversight of americas Largest Consumer facing banks. I recognize myself for four minutes to give an opening statement. Testifying before us today, we have the ceo of the seven largest u. S. Commercial breaks that each serve millions of consumers. Chairwoman of this committee, i prioritize connecting rigorous oversight over our nations largest banks and their activit...

That chair is authorized to declare races of the committee at any time. This hearing is entitled, Holding Meghan banks accountable. Oversight of americas Largest Consumer facing banks. I recognize myself for four minutes to give an opening statement. Testifying before us today, we have the ceo of the seven largest u. S. Commercial breaks that each serve millions of consumers. Chairwoman of this committee, i prioritize connecting rigorous oversight over our nations largest banks and their activit...

I love this neighborhood wit all my heart. When i think of the mission think of beauty and the colorf colorfulness. And people drinking in the sidewalks and guy is always asking for change and doing crack and i walk with my kids. And i see the beautiful architecture. And the drug abuse and dirty city and blocks. And all different cultures and everyone brings something t share. And there is always garbage there and it stinks. You see incredible art and venues that are creative. If they arent draw...

Individuals, with disabilities. And two, to allow the departments to fill the vacant positions with qualified individuals. And three, to increase the diversity of the city. And now turning the page on the overhead, and i am continuing with the bullet points in my presentation. So proposition a was approved by the voters and the charter was amended and a new Civil Service rule was implemented, i think that those are my notes. And but any way, was implemented and that was Civil Service rule, 34, t...

Is telling us not to track that and not be asking for that information. It might be interesting to get all of those attorneys in the same room. Exactly. I think from my perspective, if we are talking about voluntary selfidentification and maybe i will ask our deputy City Attorney if you have a perspective on this issue. You know, if the goal is to increase these numbers, it is hard to achieve that goal if we dont know where we are. And is there a way for us to understand that . Deputy, City Atto...

And maybe i will ask our deputy City Attorney if you have a perspective on this issue. You know, if the goal is to increase these numbers, it is hard to achieve that goal if we dont know where we are. And is there a way for us to understand that . Deputy, City Attorney, i am actually not familiar enough with the advice on this issue but happy to circle back with you and dhr after this hearing. All right, right. Right. So there is also gina, Genetic Information act which also prohibits us from co...

The volunteers and staff that have been working with the city for many, many years to make sure with we equal access to all the Cities Services and president chiu reminded me it didnt used to be called this but the continental access to all the serviced. Im a Firm Believer but were an International City and a city of immigrants the u. S. Consensus bureau said we speak many different languages and were youll san franciscans. We have an obligation weve strongly felt was a good purpose of governmen...

To amend the city charter so that the qualified individuals with disabilities could answer the city workforce outside of the competitive merit process, the goals of proposition a were to provide increased Employment Opportunities for qualified individuals, with disabilities. And two, to allow the departments to fill the vacant positions with qualified individuals. And three, to increase the diversity of the city. And now turning the page on the overhead, and i am continuing with the bullet point...

Productive in the workplace and they have a lower turnover rate and i think that we need to do everything that we can to move this forward. And i am very open to a number of the proposed solutions that have been put forth around staffing and with the proposal around the disability coordinator and i do know that there is some question around whether we can set the San Francisco hiring goals for people with disabilities and i am open to considering that if we can do it in a legal and constitutiona...