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Economics. My question really has to do with the relationship between the Gates Foundation and the world they. When i started to think about questions for you, i looked at the world banks budget and i saw a bed with a layout in between 40 billion exceed billion dollars a year on a wide range of topics. So when you entered this field, did you believe, you probably did, but how did you think about approaching a . Would you be catalytic with respect to the world bank . In other words, to do things yourself that they are not doing . For example, the reduction in infant mortality, which is certainl...

The board has not acted on that or a established timelines to do that. Will you do that as chairman, and when will you do it . Think that is in the works, and we will try to get it out soon. Frame in have a time mind . Im not sure, but i will try to make sure. If i can ask you to supplement with moores citrix on the feds attempt to act on dodd frank with regard to that. You also mentioned increased for the biggest banks. I agree the action you supported in july was very positive. I dont agree it was enough. Would you support going further withrms of leverage ratio the largest banks or not . Ha...

I call this hearing to order. Today we consider the nomination of the honorable janet yellin to be chair of the board of governors of the Federal Reserve system for a term of four years. Dr. Yellin is an extraordinary candidate to lead the Federal Reserve. She currently serves as a member and vice chair of the board of governors. She previously served as a member of the board of governors in the 1990s. She was a chair of the of president clintons council on economic advisors and she served six years as the president of the San Francisco fed. In addition, dr. Yellin has an impressive academic r...

Estate transfer tax, shortterm flip property. When a profit is being made off of the sale. If the resale is within the first year of purchase then the tax will be 24 of the retail price. Within two years, 22 . Three years, 20 . Up to five years at 14 . If you buy property and hold onto it for five years or longer it doesnt impact you at all. The tax also focuses specifically on greedy speculators. It does not apply at all to six categories. Singlefamily homes or condos, Owner Occupied tics or tenancy in commons, new construction, buildings over 30 units. When a Property Owner sells their prope...

My next item is a resolution that is in support of the city of richmonds control and [speaker not understood] reduction program. Trying to support many households under water in that area. We have a part in San Francisco where households are also under water. The city of richmond has been struggling to create their [speaker not understood] reduction program. They need a majority vote and thats not been able to do what some of the pressures of councilmember in city of richmond. The joint powers of authority is a pathway, in the state of california the pathway they are choosing. I asked the City...