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Todays hearing on had committee of Small Business and entrepreneurship will come to order, and i want to thank everyone for joining us here today. I want to thank you both for being here though far away. And all the members for being here today. This is our first opportunity to hear from both of you about the enactment of the cares act in particular as it applies to Small Business. The cares act is landmark legislation. In less than 2 Weeks Congress passed the largest Economic Relief package in our nations history. And now after the passage of two further reforms the Paycheck Protection Program is the largest component of the Economic Relief ....
Washington journal program. Go through our social media feed. Cspan, created by americas Cable Television companies as a Public Service and brought to you today by your television provider. Cherry treasury secretary Stephen Mnuchin and carranza testified on the implementation of the cares act corona virus relief law. The Small BusinessCommittee Members asked about the rollout and the effectiveness of the Paycheck Protection Program referred to as ppp. [inaudible] todays hearing on this committee on Small Business and entrepreneurship will come to order and i want to thank everyone ....
Good morning im becky quick along with joe kernen and ars there are some red arrows. You have to look at what has been happening over the last week joe mentioned it is up 3. 5 this week alone watch what has happened. The crazy whip saw market picking up again walking you through the dow. Thank for peter for helping me out with this. The record high 25,551 on november 12. Falling to the low on march 23, 18,591 yesterday, june 3, the dow up 41 back to 26,269 the same story with the s p. Looking at that, you will see it hit a record high 3,386 on february 19. Fell on march 23 to 2,237. Yesterday back to 3,122. It just shows you how rapidly these things have happened and how much ground has been made if you are looking at the nasdaq. Only up 1. 4 from the record close from february 20 treasury yields have picked up the 10year yielding 0. 746 . Crude oil prices are down this morning. Concerns that that opec plus meeting. That there will not be any cuts extended a lot of that comes as you ar ....
Announcements. Due to the covid19 Health Emergency and the public the board legislative chamber and Committee Rooms are closed but members will participate remotely. So the comments will be available for each item on this agenda channel 26 and sfgovtv. Org are streaming the number across the scene. Each speaker will be allowed to speak. Comments or opportunities to speak during the Public Comments period are available via phone call by calling 888 2045984 access code 3501008 and press pound and press pound again. When you are connected, dial 1 and 0 to be added to the cue to speak. You will be lined up in the system in the order you dialed 1 and 0. While you are waiting, the system will be silent. The system will notify you when you are in line and waiting and all callers will remain on the line until its open. Every ....
Hello, everyone. Good morning. The meeting will come to order. This is been may first, 2020 meeting. I am joined by Committee Members shaman walton and matt haney. Our clerk is ms. Linda wong. I would like to thank matthew from sfgovtv for broadcasting this meeting. Could we have a motion to excuse supervisor mandelman. So moved. Thank you so much. Roll call vote. [roll call] three ayes. Thank you, very much. Madam clerk, do you have any announcements. Due to the covid19 Health Emergency and the public the board legislative chamber and Committee Rooms are closed but members will participate remotely. So the comments will be available for each item on this agenda channel 26 and sfgovtv. Org are streaming the number across the scene. Each speaker will be allowed to speak. Comments or opportunities to speak during the ....