this is a government agency. this is not the private sector, and we, the congress, we the government needs to be accountable to the american people and committing to this government agency and make a starting salary at $72,000 with a range of $149,000 -- >> the time expired. >> just seems like i think that this regulatory body has questions to answer regarding the huge disperty in the federal jobs versus the salaries in the jobs you are offering. >> i recognize the full committee member, mr. cummings for five minutes. you get the full time p >> thank you. >> start over right nowment one second. we'll pause. >> all right. ms. warren, first of all, i don't care what happens in the hearing today or what is said, i'm begging you, begging you, to keep the fire. i got constituents who have lost so much, and they don't know how they lost it, and we need you. we really desperately need your passion, your concern, and thank you for putting together your conscious with your conduct, and i just the you to know that. you kno

it is an independent agency within another independent agency inside the federal reserve. it maybe the most powerful that's ever been considered by most to be constitutional. it has the power to reach every single credit card payday loan mortgage in america. it has the potential to impact small businesses that use consumer credit and personal credit in the operation. yet an agency with this kind of power presided over by one person with no effective external oversight, a completely unreviewed and unreviewable budget, and really no checks on them expect for this lose check by the f sock. history tells us what happens when we give bureaucrats this much unaccountable power to regulate the economy. this superregulator is something we haven't seen since the nixon administration. there's a good reason why we haven't seen that since the nixon administration. we know what happens when we give this sort of unaccountable power to a bureaucrat to make decision for consumers as to what kind of products they are allowed to have and the terms of those products are going to be. it is as

there were not for this agency. there were certainly for somebody going after the problems of what was deemed the shadow banking industry. if you can use a different term, that is fine. because'm hesitating one of the things that professor levitton and i agree on is that some of the larger institutions engaged in practices that were not a great thing for consumers. there are elements of the financial-services industry whether it is large or whatever, there were a link issues and those issues i think should be appropriately dealt with. i don't want to draw a dividing line between big financial institutions and the shadow financial institutions. the shadow financial institutions awhile we think of them as charging high prices, in some cases, they are also meeting a consumer need for people that are not able to get loans from the large financial institutions but have a need that needs to be served. i don't want to suggest that there are not problems there but we need to recognize that because we say payday lender, not

the first is the elimination of agencies statewide by july 1 of this year. the second is an acknowledgement from the governor that all the agencies have existing obligations. some of those financial in nature and some of those contractual in nature. i will come back to the contractual in nature because that has implications for san francisco. the third component of the proposal basically calls for the creation of successor entities that would take on this existing obligations with the intent being that the successor entities would be winding down the previous activities of redevelopment agencies, and i think most folks anticipate the successor agencies will be cities and counties themselves. the last piece, which has not gotten a lot of oxygen but is really interesting, is the governor is going to the voters in the state of california and asking them to amend the constitution to allow local jurisdictions to increase taxes for economic and development purposes. in other words, create a new funding stream for that kind of activity, with 55% voter approval, rat

on march 29, 2011, the redevelopment agency commission authorized agency staff to pursue board of supervisors' approval of all of the findings i just listed and we request that the board of supervisors for the city and county of san francisco authorize the redevelopment agency acting through the executive director to authorize us to extend $61,500 of tax increment funds for the improvements. this concludes my presentation. if you have any questions, i'm available as well as staff from the department of public works to talk about any details of the project. president chiu: colleagues, any questions? ok. at this time let me see if there are any members of the public that wish to speak on this item. the comment on this item is open. walter, do you want to speak on this? >> i hope this city, you know, all that glitters, sometimes you feel it's gold and you're climbing the stairway with to heaven. when you get there you'll find and know that this city's stores are all closed and you can't buy a single thing there. ♪ makes you wonder and you're climbing the improvement stairway in this city. ♪ pres

agency here. and as i detail and a secretary -- but that testimony, the secretary of the treasury exercises oversight of a comptroller. first of all, the question of the fsoc review and whether that is in new. i served in the branch. the oira -- i am running over a little bit. the oira process bring all the executive agencies around the table to reach a compromise of about what that executive- branch agency regulation should be. seconal, i would like to be talking about the regulatory capture. bank that mr. leveson said. but suffice it to say that the banks are not the only special interest in this debate. there are a lot of special interest. how we create a structure to make sure that the resulting rules are in the public interest and not the product of one special interest or another? thank you, mr. chairman. >> i think all of you for waiting in being here. understanding that a congressional schedule tends to lengthen things. mr. levitin, you mentioned in your testimony occ as an apt comparison

agencies. they all got a piece of this, and they all decided they would put it all together. and include the smallest locally hiring companies to do this right that was hired the right way and would do it the right way. you have so many great elements here. then you have people used to be at a problem but also know the value of local jobs. jared lowenthal at epa, you got him aboard with serious money from the quality quality fund that they have. while he left the employment of the city, i do not think he ever forgot all the things we're still trying to do year and had not done while he had his years here, so he will continue helping us out. right, gerry? all right. all right. that is the case of serious money totaling all, everybody coming together, $1.6 million to put on this street. that is an incredible value, incredible contribution, and the whole collaboration, talking to people to make sure nobody is left out, their viewpoints are left out about how we get the sun. all that collaboration

this is least at a dollar so the community services agency -- agency can provide for the development to make certain that the building can provide services and cover the operating expense, charged with a higher ground lease. this would come directly from the services agency and we recommend a $1 per year ground lease. i am here to answer any questions you may have. >> and are there any questions? let's open this up for public comment, if there is anyone who wishes to comment. please step up to the microphone. this is on items 44 and 45. this is not general public comment. >> i will speak about this issue. i am going to speak about the redevelopment agency. the giant elephant in the city. i am angry. anything that redevelopment has to do in our community, they need to have somebody to oversee this and any one, including our supervisors, that pass anything with the redevelopment agency, you are responsible for the impact of the community. all that you have to do is look around and check your history. this is no mystery. in my community, they have left us alone. we have the city and cou

speakers are mayor ed lee, donna eagen of target, and the director of the sentences to redevelopment agency. we will have a ceremonial groundbreaking in this room. i would like to talk about the following individuals. the city college board of trustees, natalie burke. since assuming office in january, growing the economy has been a priority. and as we saw, he delivered. without further ado of like to mention -- i would like to introduce the mayor. >> if you notice i am smiling, there is such a combination of good will here, and good direction. i get the opportunity to be productive and destructive at the same time. i am here to bolster and brag about what we are doing in san francisco. we are still doing the right things. i have been here so many times and we're talking about how to sustain the economy and grow this. i have repeated, we are doing redevelopment's so well and i want to thank everyone, -- i want to thank the redevelopment commission, i have spoken out in the very beginning in january, when people suggested that redevelopment was a don entity and maybe this should not be done.

intelligence agencies since 9/11. we will hear about the implementation of the 2004 law that created the office of the director of national intelligence. witnesses include former cia director michael haydon and the former house intelligence committee ranking member jane harman. the senate homeland security committee is chaired by connecticut senator joe lieberman. >> um [inaudible conversations] the hearing will come to order. good afternoon and thanks to all of you particularly the witnesses for being here. this is one of a series of hearings the committee is doing this year as we approach the tenth anniversary of the attacks against the 9/11 and the purpose of these hearings is to examine how well with national security reforms implemented in the wake of 9/11 are working. this particular hearing of course has been held in the aftermath of a spectacularly successful collaboration between the intelligence and military agencies locating and killing osama bin laden the al qaeda leader who presided of course over the 9/1

calls it self a transformed agency. they have highly expanded intelligence powers under the federal guidelines, i'll go into this more later, but f.b.i. agents are allowed to conduct intelligence on individuals and organizations without a factual connection to criminal activity. it's important to for to you know that this hasn't happened behind closed doors. in fact, the f.b.i. recently acknowledged they have over 70,000 investigations open just in the past four years that are not predicated on any suspicion of criminal activity. these are investigations on innocent americans. given these massive shifts in f.b.i. activity, the question is, what should the relationship between the sfpd and the f.b.i. look like? i want to empathize again that neither the asian law caucus nor the aclu are suggesting a divorce between these agencies. we all collectively believe that sfpd can be effectively involved in the joint terrorism task force activity under sfpd rules and regularlations. but to protect the sfpd from highly criticized

we were the national security agency but also directed to act as a combat support agency to read in manyways, your law is trying to strengthen the national character to bring organizations under the director of national intelligence. it is inevitable that after nine years of war the combat support character of those organizations become more and more. there's nothing wrong with that, that is a good thing we would all agree and foster it, but it's not quite a convergence on the course of action you set out in terms of strengthening the dni. there are other the next and it is harder. we have had four in six years. that can help. we have had for dcia and that can help either. i think one of the most powerful phrases in the legislation is the rule that you gave to the dni to recommend to the president the dcia. i just told you we had four and four. i can think of only one example where the dni recommended the head of the cia to the president of the united states and the was john negroponte recommended me instead of his deputy and we overlapped for only six months after i took the job. it's a

i would like to thank ed lee, the commissioners, jennifer, the staff of the redevelopment agency, and the office of economic and work-force development for being here today on a spectacular san francisco de, to support the efforts of revitalization. i also like to thank amy and the staff of the redevelopment agency, for sharing in their expertise as we work. imagine this great location. and working with the city to make this a reality. the office of economic and work force development, is also instrumental in advancing these clans. thank you all for working with the team, led by scott valley and the vice president of development on this project, to reach this important milestone. to be here with museums and performing arts venues, streams of world-class conventions. you have to bring a strong imagination. we understood this from the first day. we have always believed that this property could be real imagined and better integrated into the neighborhood. i would like to touch on the plants. each floor has a signature focus. the first crucial step was to literally turn the street level o

last year, we created our rp and had a lot of agencies respond. we are funding on a three-year cycle. when we are doing funding production, we're doing our best to maintain the three-year commitment we have by making three-year contracts with our agencies. this time around, we will not reduce those agencies in the three-year cycle. the city has a limited budget resources. this time around and we do the reduction, we're looking at doing that without touching agencies funded on the three- year cycle. that includes work force services, early care education, and violence reduction and intervention. we do not have the best approach in terms of answering to budget response. we do have to meet our budget needs. we're doing our best to maintain the level of services. >> thank you. next? >> good evening. i am the director of one of the services for direct -- domestic violence survivors. in san francisco, we have three shelters funded and many programs involved with domestic violence and violence against women. those budgets are funded through the departmen

we have established a strategic collaborations with other city agencies. we work closely with the city attorney's office when legal interpretations are needed, when we are faced with opposing counsel, or in the hearing process. we are the only government agency that i know of that contracts and funds a collaborative of community-based organizations. our contract is with the chinese progressive association, the filipino community center, and pride at work. the community collaborative does outreach and education, and each agency is responsible for a certain number of referrals of claimants to the olse. we partner with the department of public health, where we use their abatement hearing process to request permit revocation of violators who have not made their employees hole after either signing a settlement agreement or getting a hearing officer decision. we partner with the treasurer and tax collector's office where we can refer unpaid debts to the city to their collections department. we have partnered with the small business assistance center, who helps u

we can rely on the redevelopment agency or the planning agency department. any agency that has that expertise. we do that in the infrastructure development and those agencies that are involved in doing the same work. supervisor mar: this is my last point. we provide quite a bit of transparency. all of the numerous hearings you have done, he raises this as he supports the project, still kind of doing his best. i tell -- know jane kim keep raising the issue. you'll get above the base affordable housing. any local maneuvers, is that going to be specifically written in a way that we can see what we argue in fact a 30% or higher? but i could talk about the mayor of's commitment. the elimination of redevelopment, it is a robust tool. these economic projects as well as affordable housing, we saw the governor come very close to 11 a redevelopment. it is a bill that is still up at this stage. they put forward a compromise bill that will diminish the amount of tax increment available to our redevelopment agency to carry out these projects. let's and francisco, it is u

and there are more than one agency is bringing actions against them. that is bringing actions to the employment and that employer. >> the threat of criminal consequences as a way of moving people that civil consequences do not. we will sit down and meet and talk about those efforts. we will participate in the task force. you will have our commitment on the it. >> as far as following up on what the president was saying, my feeling on this is that this has to be a city-wide strategy. part of the strategy is olse. the strategy is provided for by the law. there are limitations on that. resources is a key limitation. even though perhaps only a few cases will go to a hearing, i think that we should do better than five. having the city attorney and the district attorney involved, especially in those cases that are so egregious, it would be unjust to go through a five- year. -- five-year period before they are solved. action by the city attorney and the district attorney can send a very clear message that we are not going to tolerate that in the city and count

our agency is tasked with a lot more in terms of doing investigations. there is a lot more comparative analysis. i am trying to get an apples to apples comparison. it is actually not the same thing and far from it. >> at the division of labor standards enforcement, there is a wage unit, which does a lot of the same kind of work or processes individual claims. group claims are handled by a separate unit that takes a more active role. they do handle things differently and they are structured differently. >> if i make, i do not know if supervisor farrell had anything else. i understand the issue of limited resources. that is a big part of the problem. one of the things i am trying to understand is why only five cases went to hearing over a seven-year period. i understand that most cases settle. i think it was 97%. i do have a concern of how that could be perceived by workers who find themselves in this situation. this is a smaller number of cases. in the number of cases where there is able -- recalcitrant employer who is unwilling to cooperate, where the ca

we need to have our agency move forward to have some of the same capabilities. this will not happen unless the resources are there and it comes back to the question many members of the committee were asking, and that is how can you make sure that we move forward with permitting in the next business wave a large part of that is that you need to have the personnel on board to be able to do the work >> senator, i share your concerns about their being insufficient advances in the oil spill are in deep. i think we haven't progressed very much in the last 20 years, and the truth is i don't see much going on right now that would improve things. i completely agree with the secretary that we need more governmental levels and in research and development, but we need more private sector and of mud and developing the technology. i think one of the consensus conclusions people have come to as a result of the deepwater horizon is there was insufficient r&d by the private-sector in every area implicated by the deepwater horizon to the r&d and safety, r&d and containment and ce

agency like the cia overseas. and so one of the things, and this was raised by the previous caller, of course, as well that the fbi in many ways has an ability when it goes into a foreign country to be more open, you know, sort of the fbi is investigating crimes. it's doing this openly with an aim towards prosecuting in an open courtroom. and so the fbi is not going in undercover. it's not going in to conduct espionage on a host government. and so the fbi is able to work very closely with the host governments when it opens these offices, and it is able in many ways to develop sort of a healthier relationship than the cia is able to do. so in some cases the fbi ends up being welcomed into areas that the cia is asked not to touch overseas. >> host: it's hard to believe that half an hour's long in the television time, but this is a 600-page book and very complex and covers many decades of the fbi's history since its founding. and is i want to tell you that garrett graff's in an event that we covered on the booktv.org

but governor brown has proposed -- >> governor brown has proposed redevelopment agencies. hawhat are your thoughts on tha? supervisor chu: we currently have plans that really are dependent on having the development agencies and the financing mechanisms that helped it. i think that the redevelopment agency plays a very strong role in the development in some of our more blighted areas. to completely do away with the redevelopment agency would be a significant shock and change to the system, and i think we really need to understand what that will be before it should happen. i am a strong believer that the redevelopment agency played a strong will also in the creation of affordable housing in this city. to the extent that that money is taken away and we are not able to accomplish some of those goals with the financing mechanism, it would be a big step back for the city. >> what are your thoughts on the city's economic development? are we on the right track? what would you like to change about the city's approach to developing the economy? supervisor chu: in some aspects, our e

the workload for both agencies is quite high. in this case we have a slightly different approach other than factoring in with both of those agencies. payback would be the employer for this that that would be processing permits on behalf of those agencies we are estimating a similar cost split. the arrangement would again be the same regarding transferring an l.a. to them -- transferring mla to them. in the dream team, our environmental planner on loan from the planning department. he is helping out a lot with kermit issues. if there are any questions on this, but would be happy to answer them. let's second. >> is there any public comment on this item? those in favor? resolution 1136 has been approved. item 9d, informational presentation on the draft people plan for the 34th america's cup event. >> hello. this is michael martin. he is the proud owner of all of the city's obligations under the america's cup. the hosting the new agreement,. you cannot tell by looking at him, but for a time he was a securities bond lawyer. so, we are

i want to focus the conversation on city agencies that can fund cbo's rather than cut programs. i'm hopeful that with all the smart mines in this room, that we can collaborate on ways to find some savings. here are a couple of questions for you to think about -- are there programs that overlap? are we still spending money on a program for problem that existed five years or 10 years ago that does not exist now? are there new approaches to old problems that can save money? are we spending money on temporary fixes without addressing the larger issue? i understand that no one wants to have their programs cut -- of course not. i also want everyone here to understand that no one of here wants to cut programs because they do not care about the population being served. there are no villains here. we are all on the same team. it is a tough situation, and we are here so that we can begin to work together. in about seven weeks, starting june 1, the mayor's office will come out with their budget. then, the board of supervisors will pick up the budget with the opportunity to make changes. i