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Afternoon. Welcome to our special budget and finance Committee Meeting of monday december 5, 2016. Im katy and chair thg team and to my left is normal yee. Our clerk is linda wong and sfgovtv like to thank leo [inaudible] derek. Please silence cell phones and electronic devices. Complete speaker cards and document to be included as part of the file should be submit today the clerk. Thank you. Today we have item 1, so if you can please call item 1. Orbd nons approving and authorizing the exectv director of port of San Francisco to execute project agreement with army corp of engineering to allow...

Alix and we will be previewing that speech. Were going to speak with the chief Global Equity strategist in just a moment. But first, checking on the market heres. Calm, but overall no, big positions being put on ahead of riday. Jonathan futures doing ok. Equity market in europe they can d. A. X. Up agassi. 8 . Ftse up. 5 . He story in the f. X. Market is weaker. You see in the stronger cable rate, we have a 132 handle very briefly on the pound against the u. S. Dollar. In the commodity market, the retracement continues. Big week on w. T. I. We come in at. 9 on w. T. I. We trade with 4698. All ...

Shake shack some of the big names getting set to post their results. And then we will hear from disney ceo bob iger moments after those results are released. I wonder if he has seen the star wars movie yet. Plus chinas stock market rallying 16 over the past month. Jpmorgan chase executive of the Asian Pacific will tell you whether its over for the stock market. Dominic chu takes a closer look at the changing of the guard, if you will. Dom. A huge changing of the guard, a new world meets old world General Electric one of the most Iconic Companies in American Business history now, yes, worth les...

Neutrality issue, something that the ftc had been involved in. How has your work changed, how pressure goal changed since the fcc decided on Net Neutrality . I can tell youre a too obvious if you say the Net Neutrality just been semisettled because and theres still more to go in that story. But the issue isnt, she mentioned this, the common carrier exemption. So now that the fcc has reclassified Broadband Internet service as a title ii Service Companies common carrier service. So it creates a hurdle for the ftc to bring some of our traditional Consumer Protection enforcement in this space. A h...

Com. Mcsweeney the ftc is the primary Consumer Protection authority in the federal government so we have a very broad jurisdiction but we work closely with the fcc when it telecommunications issues. For a number of years, we shared some areas of Consumer Protection jurisdiction primarily. The ftc prevents us from having too much jurisdiction in this space and im sure we will get to that in our conversation because it exempts common carriers. Peter commissioner ohlhausen, one of the issues semisettled is the Net Neutrality issue, something the ftc had been involved in. How has your work changed...