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8 00 tonight in oaklands jack london square. Right next to the ktvu studios here on embarcadero. We have developing news tonight. Reporter we could actually see and smell the fire from the parking lot of our studios. I want to move out of the way so that you can see exactly where this happened. They are still up there trying to make sure that there is no fire in the walls in between the unit. Fortunately no one was injured, but it was quite a scare for the residents here tonight. The fire crews ...

The fed chair said. Thanks, brian. Janet yellen reinforcing her cautious for the u. S. Economy and emphasized the uncertainty of the brexit vote this thursday and the recent slowdown in u. S. Job growth and Global Economic weakness. A uk vote to exit the European Union could have significant economic repercussions. For all of these reasons the committee is closely monitoring Global Economic and financial developments and their implications for domestic Economic Activity, labor markets and inflat...

By the tactics of a 20 billion corporation or actually going to hear from our neighbors and respond to their concerns i hope that the skewer is is well hear if the communities and pass regulations that actually regulate this industry but ultimate if we fail to do that this decision is not going to be decisions here in people in the building fail to do the right thing we know in the end this item will be and should be taken to the voters and if city hall fails to do its job the city and county of...

Related to shortterm rentals is a challenge its not easy there are other areas that are also changing relying only people to selfreport before tax or your principle place of riots leave times you rely on people to be honest and find ways to enforce the people that are violating the law and send a message we have legislation from supervisor farrell and from the mayor creating a new office to enforce the shortterm rentals it is a great idea i have a question why not would be existing law thats bee...

Ends meet in now the most expensive city in america how we approach this this is extremely important to strengthen and streamline our current framework and processes i do believe that mayor lees and my legislation strikes that balance we have a point of view that includes the following a hundred and 20 day hard coop on shortterm rentals this is the planning they needed in order to make this law enforceable and treating all shortterm rental hosts by striking the currency laws fine motivating host...

Supervisor farrell and from the mayor creating a new office to enforce the shortterm rentals it is a great idea i have a question why not would be existing law thats been in effect for hundred days and i also have questions about the registration process weve heard if some hosts it is an absolute nightmare to be registered i have questions about the private right of action i think we all want to have good enforcement but dont want to create a situation federal and state this is all about neighbo...

The of law to be fully enforceable i believe that mayor ed lee and my amendments strict this balance to exist in the city and colleagues, i ask for your support. Thank you very much supervisor wiener. Thank you very much madam chair and thank you for everyone come out on all sides of this issue so last fall that board after a very, very extensive process by the authors of the legislation then supervisor david chiu passed legislation for the very, very first time regulating shortterm rentals ther...

The authors of the legislation then supervisor david chiu passed legislation for the very, very first time regulating shortterm rentals theres been not regulation before it was the windshield west and passed that legislation the legislation tried to do what i think many people want to see what happened then and that is to be able to go after the bad actors people that are using Housing Stock nothing but shortterm rentals with no residents and people that are engaging in evictions and creating sp...

Real estate owned, empty foreclosed homes into the market, to rent them for a period, if thats appropriate. We were also part of the very large mortgage at the time settlement, which you are aware of, which part of the outcome of that is that banks have been working hard to increase their modifications, to reduce foreclosures, to assist home owners who were unfairly treated in the past and so on. So, from supervisory, regulatory perspective, we are trying to help. But in that respect, we are lik...

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