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Clock to show you how much time is remaining. All members and witnesses need to be especially mindful of the fiveminute clock. At 30 seconds remaining ill , gently tap the gavel to remind members their time has expired. To simplify the speaking order process, the commission has decided to order ourselves alphabetically. With that, welcome to this virtual hearing convened by the congressional oversight commission, pursuant to section 4020 of title 4, subtitle of the cares act, the Commission Must conduct oversight of the 500 billion authorized for the Exchange Stabilization fund. As part of our...

Good afternoon, everybody. Im cherie miller. Im located in district 5, and also, i am an originating member of the African American art and cultural district in district 10. The San Francisco board of supervisors historic use of laws and policies have targeted and harmed the African American community intentionally and the eventually, and its the cause of Police Brutality and the loss of black lives, and our health and wellness in our community. Defund sfpd. The Police Department has not used the public funding for all of the public good. Greater funding should be directed more intentionally t...

And security. We stand in solidarity with the budget Justice Organization that prioritizes and stands with the vulnerable Filipino Community of San Francisco, and i urge you to fund the entire v. J. C. List. Clerk thank you for your comments. Good morning, supervisors. Thank you for your time of leadership during this covid19 pandemic and providing services for our indigenous, black, and people of color in San Francisco. We are fiscally sponsored by the american developmefilipino Development Coalition or fadc. Since the shelter in place order back in march, the f. C. C. , along with fellow fad...

Small and mediumsized businesses that were in sound Financial Condition before the virus impact of the economy we will hear from the head of the fed in boston and banking and business leaders. Will come tog order. This is a hybrid hearing meaning some of our commissioners are appearing in person and witnesses will testify remotely. Let me offer a few Video Conferencing reminders. Before you start speaking there will be a slight delay before you are displayed on the screen. Click the mute button until your turn to speak or to ask a question. If there is a technology issue, well move to the next...

Those that were hit hardest early by the pandemic continue to hire back and the Unemployment Rate has declined to ten. 2 percent but we have a long way to go despite the solid job gains last month the past three months we are still down about 13 million jobs we still have not recovered about half the jobs lost. Ten. 2 percent unemployment is pretty tough. Just for context to go back to the financial crisis ten years ago the highest Unemployment Rate was 10 percent on the nose and that was for one month. We have a long way to go. Then to point out what makes me nervous is the rate of improvemen...