the next question is for assessor chu from ktfs. as the first chinese female administrator, what does this mean to you? >> i think this is -- this is always a heavy responsibility. i recall back when i served on the board of supervisors. at that time when i was nominated to the role, i was the only elected, only chinese american supervisor serving in the entire san francisco board of supervisors. and since that time much has changed in the city, but i think any of us, any of us who fill these roles understand that we play a very important spot in making sure that not only do we lead the way but we also create opportunities and how people see no matter where you come from, no matter where you start from, there is an opportunity for you and a seat in government that no matter whether you had resources coming in or whether you were immigrants, that you have the opportunity to serve. and so i think serving as the first chinese woman as a city administrator, i hope to be able to to put my mark on creating a san francisco government that

the next question is for assessor chu from ktfs. as the first chinese female administrator, what does this mean to you? >> i think this is -- this is always a heavy responsibility. i recall back when i served on the board of supervisors. at that time when i was nominated to the role, i was the only elected, only chinese american supervisor serving in the entire san francisco board of supervisors. and since that time much has changed in the city, but i think any of us, any of us who fill these roles understand that we play a very important spot in making sure that not only do we lead the way but we also create opportunities and how people see no matter where you come from, no matter where you start from, there is an opportunity for you and a seat in government that no matter whether you had resources coming in or whether you were immigrants, that you have the opportunity to serve. and so i think serving as the first chinese woman as a city administrator, i hope to be able to to put my mark on creating a san francisco government that

chu. thank you for mayor breed for nominating carmen chu.t think i need to speak to her qualifications. she spoken to that well enough. i wanted to give a personal anecdote about why i strongly support her nomination. in the past 10 years that i had the opportunity to know carmen and work with her and interact with her, number one, i have never started a conversation with her, even conversations about her family and friend, it does end how she can improve her office and be more responsive. it's really refreshing to have those genuine conversation. secondly, as you guys experienced here, i've never had a conversation with carmen where she doesn't provide details and insightful responses with significant level of follow-up in the danger of furthering the stereotypes. i want to reiterate the support for confirming her nomination. if we can still do banquets, we'll be organizing one now to celebrate carmen's nomination and impending confirmation. thank you again. >> next caller please. >> hello everyone. i'm chair of the small business commissio

miss chu. >> chu votes no. >> miss chu no. miss plaskett. >> plaskett votes nay. >> miss plaskett no. miss plex ton. >> miss plex ton no. mr. scott. >> mr. scott no. miss jackson lee. miss jackson lee. mr. cooper. >> cooper votes no. >> mr. cooper no. mr. series. >> series votes no. >> jackson lee, can you hear me? >> yes, i can hear you. >> jackson lee votes no. >> jackson lee no. to repeat, mr. series no. mr. peters. >> peters votes no. >> mr. peters no. mr. milton. >> i don't know where my picture is. >> miss jayapol. >> no. >> miss jayapol no. mr. smith. >> i just want to, first off, mr. chairman, i want to highlight a couple of our members have been kicked off and they're trying to log on to still be recorded to vote. but smith from missouri votes yes. >> mr. smith yes. mr. kelly. >> kelly yes. >> mr. kelly yes. mr. mcclintock. >> mcclintock aye. >> mr. mcclintock yes. mr. growthman. >> growth man yes. >> mr. growthman aye. mr. smucker. >> smucker aye. >> mr. smucker aye. mr. jacobs. >> aye. >> mr. jacobs aye. mr. burgess

that commissioner chu listed.the way she thinks about the airport as a city with all of the opportunities and the challenges and her willingness to be curious and find out about things she doesn't know. at the end of the day to bring everyone together in one room so the system is represented so the system can change. julian you are leaving an amazing legacy of getting hard things done. you earned the fun times ahead of you. you are going to be missed a whole lot. thank you, thank you for leaving us in such better hands and better place than we were before you started. >> thank you. i was kind of anxious coming to the call. you are so sweet. this was pretty easy. my wife and i drove all day from sonoma to palm springs starting with six weeks here as kickoff into phase two or three or four of our lives. thank you, president stephenson, i appreciated your opening remarks and commissioner chu for getting through the resolution. i will edit it is not she. it is hundreds of us. as debra well said i am an expert in nothi

the next question is for assessor chu from ktfs. as the first chinese female administrator, what does this mean to you? >> i think this is -- this is always a heavy responsibility. i recall back when i served on the board of supervisors. at that time when i was nominated to the role, i was the only elected, only chinese american supervisor serving in the entire san francisco board of supervisors. and since that time much has changed in the city, but i think any of us, any of us who fill these roles understand that we play a very important spot in making sure that not only do we lead the way but we also create opportunities and how people see no matter where you come from, no matter where you start from, there is an opportunity for you and a seat in government that no matter whether you had resources coming in or whether you were immigrants, that you have the opportunity to serve. and so i think serving as the first chinese woman as a city administrator, i hope to be able to to put my mark on creating a san francisco government that

chu, can you please repeat your vote so that i can see your video? >> chu votes no. ms. chu, no. mr. cooper? >> votes no. mr. cooper, no. mr. sires? >> mr. sires votes no. >> mr. sires, no. mr. peters? >> peters votes no. >> mr. peters, no. mr. moulton? >> mr. moulton? ms. jayapal? >> jayapal of washington votes no. >> ms. jayapal, no. mr. smith? >> mr. smith of missouri votes yes. >> mr. smith, aye. mr. kelly? >> kelly of mississippi votes -- >> chu of california votes no. >> ms. chu, i've recorded you as a no. mr. kelly? >> kelly of mississippi votes yes. >> mr. kelly, aye. mr. mcclintock? >> mcclintock, aye. >> mr. mcclintock, aye. mr. growthman? aye. >> mr. growthman, aye. mr. smucker? >> smucker, aye. mr. smucker, aye. mr. jacobs? >> jacobs, aye. >> mr. jacobs, aye. mr. burgess? >> burgess from texas votes yes. plfrmgts burgess, aye. mr. carter? >> carter from georgia votes aye. >> mr. carter, aye. mr. klein? mr. klein? ms. bobert? >> bobert votes yes. >> ms. bbert, aye. dr. donalds? >> donalds votes yes. >> mr. donalds, aye. mr. feenstra, aye. >> mr. good? good from virgini

my name is carmen chu, san francisco city administrator.king chinese language] >> even though we can't come together in person, it's so important to make sure we come together in cultural tradition. it's the year of the ox, and the ox is known to not only be positive, but hard working and honest. especially when we're facing covid-19, it's important for us to all power through it and to see the light at the end of the tunnel. of course, many of us would be going out to eat and to our favorite shops during this time. we can still do that, and let's continue to support our local small businesses during this time. of course, we want to take the time to recognize the artwork that are going to be all across the city. we're going to have 11 ox all across the city that showcase san francisco's heritage. we hope that you find them across the city and really enjoy them. and without further adieu, i'd like to introduce speaker of the house, nancy pelosi, who has been a fearless and tireless leader on behalf of all of us in washington, d.c. >> hello.

chu. >> chu votes aye. ms. moore. ms. moore? >> votes aye. >> mr. kilby votes aye. mr. boyle. >> boyle votes yes. >> mr. boyle votes yes. >> aye. >> mr. evans. mr. schneider. >> mr. schneider votes yes. >> mr. schneider votes yes. mr. swazi. >> aye. >> mr. swazi votes aye. mr. panetta. >> aye, panetta. >> mr. panetta's aye. ms. murphy. >> murphy votes aye. >> mr. gomez. >> gomez, aye. did it go through? >> you are not recorded. >> gomez, aye. >> votes aye. >> mr. brady? >> brady votes no. >> mr. nunes? >> nunes votes no. >> mr. buchanan? mr. buchanan? >> buchanan --buchanan votes no. >> mr. buchanan votes no. mr. smith from nebraska. >> no. >> mr. smith from nebraska votes no. mr. reed. >> no. >> mr. reed votes no. mr. kelly. >> kelly votes no. >> mr. smith of missouri. >> smith of missouri votes no. >> mr. smith of missouri votes no. mr. rice. >> rice votes no. >> mr. rights votes no. mr.'s weikert. >> no. >> votes no. >> votes no. >> sorry. can you tell me how the ranking member voted? >> the ranking member mr. brady voted no. >> my vote is no. >> no. >> mr. arrington

chu votes yes. >> moore votes yes. >> mr. boyle votes yes. >> beyer votes aye. >> mr. evans? mr. schneider votes yes. >> mr. swazi -- suozi votes aye. >> mr. panetta votes aye. >> ms. murphy votes aye. >> mr. gomez votes aye. >> course for -- mr. horsford votes aye. >> brady votes no. >> mr. nunes votes no. >> buchanan votes no. >> smith of nebraska votes no. >> reid votes no. >> kelly votes no. >> smith of missouri votes no. >> rice votes no. >> schweikert, no. >> walorski votes no. >> lahood, no. >> wenstrup, no. >> arrington is a no. >> ferguson is a no. >> estes votes no. >> smucker, no. >> hern votes no. >> miller votes no. >> ms. sewell? mr. evans? mr. chairman? chair neal: aye. >> mr. chairman votes aye. i have 22 yeas, 18 nos. chair neal: the ruling is upheld. any other amendments? dr. winthrop -- dr. wenstrup is authorized. mr. byer has observed a point of order on the amendment. we will pass out the amendment and make sure everybody has a copy. are we good? >> mr. chairman? chair neal: dr. wenstrup is ready to proceed. rep. wenstrup: i appreciate that. i would like to c

and we begin with dom chu. >> and not from the macro perspective, but the industrialized markets. and showing real life, the dow industrials are here up .25, and the s&p 500 up roughly off of the highs of the day, and the nasdaq is holding steady at 13.88 level, and currently up 0.10 of 1%. so jumping up looking at the hot spots of the market. and checking out the shares of palantir, and this is roughly off of the highs of the session so far, and the big data analytics had a big earning report, and disappoint there, and the six-day losing streak that saw it lose 34% of the overall value is popping up here, and remember that ark and cathie wood made some investments and they announced that, and then a little bit of activity with palantir mentioned in the wall street's reddit forum, and that is going to result in those stocks up. and then you have to talk about bitcoin, record high of 7465 as the last trade there, and this is a hair below the 5466 or thereabouts record high that we saw in the last few moments here. but still the 5% move higher is putting the one-year total return at

chu? ms. chu votes no. >> ms. sewell votes no. clerk: ms. sewell votes no. ms. moore? ms. moore votes no. mr. kildee? ms. kildee votes no. -- mr. kildee votes no. mr. boyle? mr. boyle votes no. mr. beyer? mr. beyer votes no. mr. evans? mr. evans votes no. mr. schneider? mr. schneider votes no. mr. suozzi? mr. suozzi votes no. mr. panetta? mr. panetta votes no. ms. murphy? ms. murphy votes no. mr. gomez? mr. gomez votes no. mr. horsford? mr. horsford votes no. ms. plaskett? mr. brady? mr. brady votes aye. mr. nunes? mr. nunes votes aye. mr. buchanan? mr. buchanan votes yes. mr. smith of nebraska? mr. smith votes aye. mr. reed? mr. reed votes aye. mr. kelly? mr. kelly votes aye. mr. smith of missouri? mr. smith of missouri votes yes. mr. rice? mr. rice votes yes. mr. schweiker? mr. schweiker votes aye. ms. walorski? ms. walorski votes aye. mr. lahood? mr. lahood votes yes. dr. wenstrup? dr. wenstrup votes yes. mr. arrington? mr. arrington votes yes. mr. estes? mr. estes votes yes. mr. smucker? mr. smucker votes yes. mr. hern? mr. hern votes yes. mrs. miller? mrs. miller vote

the next question is for assessor chu from ktfs.t chinese female administrator, what does this mean to you? >> i think this is -- this is always a heavy responsibility. i recall back when i served on the board of supervisors. at that time when i was nominated to the role, i was the only elected, only chinese american supervisor serving in the entire san francisco board of supervisors. and since that time much has changed in the city, but i think any of us, any of us who fill these roles understand that we play a very important spot in making sure that not only do we lead the way but we also create opportunities and how people see no matter where you come from, no matter where you start from, there is an opportunity for you and a seat in government that no matter whether you had resources coming in or whether you were immigrants, that you have the opportunity to serve. and so i think serving as the first chinese woman as a city administrator, i hope to be able to to put my mark on creating a san francisco government that works well,

london breed: here to swear in our next city administrator, assessor carmen chu.known her many years. i remember before i was on the board of supervisors, and i watched how she managed the budget process. she ran a tight ship. she kept things in working order. she maintained her integrity throughout the entire process when she served on the board of supervisors, and then, when she was appointed assessor for san francisco, i was heartbroken because i was looking forward to serving with her on the board, but i was thrilled with her in her new capacity. because of her work over the last few years, the only person who brought that office up to speed and has generated significant revenue for the city and county of san francisco, revenue that we should be putting away in the bank, but we're spending at a rapid pace because of the challenges that our city now faces, but carmen brought home the bacon. she worked hard to make this department work hard for the residents and people of san francisco. she was one of the -- she is one of the hardest working people i know, and s

the next question is for assessor chu from ktfs. as the first chinese female administrator, what does this mean to you? >> i think this is -- this is always a heavy responsibility. i recall back when i served on the board of supervisors. at that time when i was nominated to the role, i was the only elected, only chinese american supervisor serving in the entire san francisco board of supervisors. and since that time much has changed in the city, but i think any of us, any of us who fill these roles understand that we play a very important spot in making sure that not only do we lead the way but we also create opportunities and how people see no matter where you come from, no matter where you start from, there is an opportunity for you and a seat in government that no matter whether you had resources coming in or whether you were immigrants, that you have the opportunity to serve. and so i think serving as the first chinese woman as a city administrator, i hope to be able to to put my mark on creating a san francisco government that

the next question is for assessor chu from ktfs. as the first chinese female administrator, what does this mean to you? >> i think this is -- this is always a heavy responsibility. i recall back when i served on the board of supervisors. at that time when i was nominated to the role, i was the only elected, only chinese american supervisor serving in the entire san francisco board of supervisors. and since that time much has changed in the city, but i think any of us, any of us who fill these roles understand that we play a very important spot in making sure that not only do we lead the way but we also create opportunities and how people see no matter where you come from, no matter where you start from, there is an opportunity for you and a seat in government that no matter whether you had resources coming in or whether you were immigrants, that you have the opportunity to serve. and so i think serving as the first chinese woman as a city administrator, i hope to be able to to put my mark on creating a san francisco government that

chu? >> chu votes aye. >> ms. moore? >> more votes aye. >> mr. kildee votes aye. mr. buyer? mr.evans? >> heavens votes aye. >> mr. schneider? >> mr. schneider votes aye. >> mr. suozzi? mr. suozzi? mr. panetta? mr. panetta? ms. murphy? >> murphy votes aye. >> mr. gomez? >> gomez votes aye. >> mr. horsfors votes aye. mr. brady? >> mr. brady votes no. mr. nunez? mr. buchanan? >> buchanan votes no. mr. smith of nebraska? >> smith of nebraska votes no. >> mr. reed? >> read, no. >> mr. kelly? >> kelly votes no. >> esther smith of missouri? >> smith of missouri votes no. >> is rice? >> rice votes no. >> mr. schweikert? walorski votes no. mr. lahood votes no. dr. wnstrup votes no. mr. arrington votes no. dr. ferguson? >> ferguson is a no. >> mr. estes? >> estes votes no. >> mr. smucker? smucker, no. mr. hearn? >> hearn votes no. >> misses miller? >> miller votes no. mr. suozzi? >> that allows us to reach even more -- >> mr. suozzi? mr. panetta? >> yes. >> mr. panetta votes yes. esther chairman? rep. neal: chairman votes yes. >> how is mr. suozzi recorded? >> yes. >> mr. suozzi votes yes

. >> and assemblyman chu. i think the uptick so naked for all to see has been so stunning in part because in california we've always believed we're this place where we can all oexist with love and peace. and i think that part is surprising. but i did some research in the southern poverty law center finds 72 hate groups operate here in california. the state is not as we would like it to be yet. >> tts has been incredibly disturbing. i mean this past year throughout this year we have seen the numbers go up and up and up. and we had all thought and hoped that after donald trump lost his race for re-election that this would subside. but it seems like things are getting worse. the cases are not just discrimination cases or vandalism, but now we are seeing really terrible physical assaults and in some instances murder. and we have to get a handle on this. we have to make sure that law enforcement is working with communities of diversity, everyone lifting us up during this time. >> we have about 40 seconds left, asse

the next question is for assessor chu from ktfs.he first chinese female administrator, what does this mean to you? >> i think this is -- this is always a heavy responsibility. i recall back when i served on the board of supervisors. at that time when i was nominated to the role, i was the only elected, only chinese american supervisor serving in the entire san francisco board of supervisors. and since that time much has changed in the city, but i think any of us, any of us who fill these roles understand that we play a very important spot in making sure that not only do we lead the way but we also create opportunities and how people see no matter where you come from, no matter where you start from, there is an opportunity for you and a seat in government that no matter whether you had resources coming in or whether you were immigrants, that you have the opportunity to serve. and so i think serving as the first chinese woman as a city administrator, i hope to be able to to put my mark on creating a san francisco government that works

london breed: here to swear in our next city administrator, assessor carmen chu.you know, i've known her many years. i remember before i was on the board of supervisors, and i watched how she managed the budget process. she ran a tight ship. she kept things in working order. she maintained her integrity throughout the entire process when she served on the board of supervisors, and then, when she was appointed assessor for san francisco, i was heartbroken because i was looking forward to serving with her on the board, but i was thrilled with her in her new capacity. because of her work over the last few years, the only person who brought that office up to speed and has generated significant revenue for the city and county of san francisco, revenue that we should be putting away in the bank, but we're spending at a rapid pace because of the challenges that our city now faces, but carmen brought home the bacon. she worked hard to make this department work hard for the residents and people of san francisco. she was one of the -- she is one of the hardest working peopl

chu, how significant is this. >> thanks, pamela. this is really great news, very exciting for all of us. johnson & johnson vaccine, of course, you know performs very well, still has an outstanding safety profile and has the added benefit of tremendous convenience. so it doesn't need to be story stored at the ultracold temperatures. it's a single-dose. it's been such a challenge to get a single dose to many people, signing up for a second one. keeping track and getting transportation is a huge barrier for many americans. and of course in harder to reach places, including rural america it's been a huge logistical challenge with the mrna vaccines. johnson & johnson provides a really important tool in the arsenal. >> how quickly could we see johnson & johnson shot in the arms? well, assuming that all goes well with the cdc and we have a distribution strategy, by next week we could start seeing johnson & johnson going out. of course, the limiting thing is supply. so it looks like we may have around 4 million doses going out by next week.

chu >>ms. chu votes no. >> miss more. >> more votes no. >> boyle. >> votes no. >>+ biter -- >> mr. evans? >> mr. evans votes no. >> schneider? >> schneider votes no. >> as a matter of personal opinion i have to ask why has congresswoman been in the car all day long question mark where she going? >> ms. murphy? >> murphy votes no. >> mr. gomez? >> gomez no. >> mr. horse for -- moore's first -- moore's furred >> >> ms. plaskett votes no. >> brady votes yes. >> nunez votes yes. >> buchanan votes i. >> smith of nebraska. >> yes. >> mr. reed+ >>. >> read votes yes. >> mr. smith's of missouri. >> mr. smith's of missouri votes yes. >> royce vote -- rice votes yes. >> schweikert yes. >> alora key votes yes. >> mr. hood votes yes. >> dr. lynn's furred votes yes. >> arrington is a us -- yes. >> ferguson is a yes. >> mis-direction votes yes. >> mr. smucker votes i >> herne votes i. misses miller? >> did you call my name? >> misses miller votes i. >> mr. doggett. >> mr. chairman? >> mr. chairman? >> chairman votes no. >> mr. chairman votes no. >> mr. chairman i have 24 nose and 18 eyes. >> 24

chu has two children and one on the way and the beauty of a zoom interview. it open a lot of doors? yes. oh, hello, thistles. my three year old hello, wherever our biggest. my biggest production is painting the world for little willow here and what she's gonna be in which what? i want her to see the world in so he does have new projects. but this movie will always be significant because the boy who wasn't sure of who he woz has grown into a man who knows exactly who he wants to be. so everything i do now has to have some sort of purpose. real purpose on something that i know that i'm adding something that no one else can add. claudine wong ktvu fox two news. oh checking out the weather. it's a cool night out there. tonight's gonna be pretty chilly in some places. we're not looking for any valley fog. i think the chances of that are pretty slim is that the dew point have really dropped there in the twenties, for the most part, so if you look at i'll give you their temperature. that dew point again. oh, 33 napa, but you get the idea. we'll look at livermore's i

i am dominic chu in for brian sullivan this morning.are looking halfway through the 5:00 a.m. eastern time hour. you can see here the dow jones industrial average implied higher by roughly 32 points. the s&p implied higher by 6 points and the nasdaq higher by 30 points. it doesn't seem like a lot but we are well off the lows of the session so far at one point, the nasdaq was roughly about 150 to 180 points lower than where we are right now. keep an eye on that. investors are waiting on fresh comments from fed chair jay powell after the chairman yesterday did much to smooth inflation fears. >> my expectation will be that inflation will probably be a bit volatile over the next year or so, due a significant amount to in particular things with the pandemic i don't think those effects should be large or persistent. the real reason for that is we have had decades of well anchored inflation expectations. >> all right watching the yield on the ten-year benchmark u.s. treasury note you can see there we are ticking slightly higher in the last cou

chu thank you so much for joining us grand marshal virtual grand marshall.the front of the parade. tell me how this came about that you became grand marshal. oh you know, i have no idea other than you. i never dreamed that i would actually be noticed for this. it's always been, you know, growing up in the bay area has always been such. a natpe aeration of thing to be the grand marshal of the parade on go. i just got a phone call, and it took me by surprise, but the best reaction was what i call my parents and told them because they. they were like, no, that's a mistake. i was like, no call s o on to represent them. my family in the bay on duh all asian asian americans going through this moment right now, um, is an honor for sure what people may not realize how hard it is to impress our parents in asian family sometimes so that xiii am glad they didn't know what its director does. until they read about me in the chinese newspaper. then then, then you were legit. okay so tell me about growing up in the bay area, though paolo alto. i mean, it was the chinese ne

. >> reporter: at chef chu's in los altos, the chef lawrence chu is planning a special takeout, elaborate dishes with symbols of family, prosperity and success, all traits that many would use to characterize this iconic restaurant after being in business for more than 50 years. son larry jr. said the community support has been heartwarming. >> they're picking up a bag for their parents. they're picking up a bag for their in-laws, and they're picking up a bag for their own family. although they can't celebrate together, they're still doing -- they're still trying to share those traditions. >> reporter: down the road, valentine's day preparations are under way at the post, despite the less than ideal weather conditions expected for the weekend. >> keeping our fingers crossed that the rain does not affect business. >> owner vicky breslin is offering deals on champagne and has crafted a three-course menu that can easily be reheated at home if outdoor dining becomes problematic. >> i did not realize how sad and depressed i was until we got that green light to reopen. just to see everybody and

i want to thank city administrator chu for her commitment to the professionals at the assessor-recorder's awesome. thank you for haig this -- makingthis transition a succl one. i joined a team of hard working and professionals that made carmen's vision for fair and efficient government, not only a reality but an envy of offices up and down the state. that's a legacy i'll strive to continue and excited to learn and work with all of you at the office to continue down that path. one of excellence, one of continuous improvement for the betterment of san francisco. to the team i part with today, the office of economic and workforce development, you have prepared me for this moment. it's been long hard year for so many businesses and workers throughout this pandemic for the barbers, gyms, bars, the fears, the actors, the concessionaries, the tattoo artist and restaurants, hotel workers, janitors and office workers. nonprofits rising up and you all every single one of you rising up to meet these moments. to meet so many entrepreneurs determined to make it through this. for their workers, for the

esther chu and she said -- >> the situation with teachers are there are no absolute right answers. you could argue he will have to be here and we haven't designed what's a safe environment. it's natural to want all of the safe conditions if possible. the vaccine rollout has been slow. who should be prioritized. there is an argument teachers should be up there. on the other hand, vaccines should be going to communities and to groups like the elderly and racial and ethnic minorities getting the disease and dying at the highest rate. there's a strong equity argument there. there well need to be layers. we cannot leave groups behind who have been neglected in the pandemic. we have to combine that with our concern about getting teachers ready to go back. they should have autonomy in this decision to choose to continue teaching online. a hybrid model might be what we're looking at. >> these are difficult decisions to make while there are supply issues with these vaccines. also how concerned were you with the super bowl parties we know were held and present the potential as super spreader

esther chu.hank you for being with us and for all that you do. >> thanks for having me on, rosemary. >> it is expected to get emergency use authorization in a matter of days. it doesn't have as high of an efficacy rate. it is only a single shot which is a real benefit here. how big a difference could this vaccine option make once it's made available. >> this doesn't match the extremely impressive numbers of mrna vaccine but it has efficacy for hospitalizations and deaths and that is a number we can stand behind. it is a single shot and doesn't require an ultracold temperature. that makes it a very easy vaccine to disseminate. it will be so good for getting to hard to reach areas, rural areas, places where there aren't a lot of clinics and pharmacies. it will be easier to use all of the vaccine because we don't have these really rigid storage requirements. >> doctor, u.s. covid hospitalizations have fallen below 100,000 for the first time in nearly two months. cases are down, which is all very goo

london breed: here to swear in our next city administrator, assessor carmen chu. you know, i've known her many years. i remember before i was on the board of supervisors, and i watched how she managed the budget process. she ran a tight ship. she kept things in working order. she maintained her integrity throughout the entire process when she served on the board of supervisors, and then, when she was appointed assessor for san francisco, i was heartbroken because i was looking forward to serving with her on the board, but i was thrilled with her in her new capacity. because of her work over the last few years, the only person who brought that office up to speed and has generated significant revenue for the city and county of san francisco, revenue that we should be putting away in the bank, but we're spending at a rapid pace because of the challenges that our city now faces, but carmen brought home the bacon. she worked hard to make this department work hard for the residents and people of san francisco. she was one of the -- she is one of the hardest working peop

the next question is for assessor chu from ktfs. the first chinese female administrator, what does this mean to you? >> i think this is -- this is always a heavy responsibility. i recall back when i served on the board of supervisors. at that time when i was nominated to the role, i was the only elected, only chinese american supervisor serving in the entire san francisco board of supervisors. and since that time much has changed in the city, but i think any of us, any of us who fill these roles understand that we play a very important spot in making sure that not only do we lead the way but we also create opportunities and how people see no matter where you come from, no matter where you start from, there is an opportunity for you and a seat in government that no matter whether you had resources coming in or whether you were immigrants, that you have the opportunity to serve. and so i think serving as the first chinese woman as a city administrator, i hope to be able to to put my mark on creating a san francisco government that wor

london breed: here to swear in our next city administrator, assessor carmen chu. was on the board of supervisors, and i watched how she managed the budget process. she ran a tight ship. she kept things in working order. she maintained her integrity throughout the entire process when she served on the board of supervisors, and then, when she was appointed assessor for san francisco, i was heartbroken because i was looking forward to serving with her on the board, but i was thrilled with her in her new capacity. because of her work over the last few years, the only person who brought that office up to speed and has generated significant revenue for the city and county of san francisco, revenue that we should be putting away in the bank, but we're spending at a rapid pace because of the challenges that our city now faces, but carmen brought home the bacon. she worked hard to make this department work hard for the residents and people of san francisco. she was one of the -- she is one of the hardest working people i know, and she will be an amazing city administrator.

london breed: here to swear in our next city administrator, assessor carmen chu. you know, i've known her many years. i remember before i was on the board of supervisors, and i watched how she managed the budget process. she ran a tight ship. she kept things in working order. she maintained her integrity throughout the entire process when she served on the board of supervisors, and then, when she was appointed assessor for san francisco, i was heartbroken because i was looking forward to serving with her on the board, but i was thrilled with her in her new capacity. because of her work over the last few years, the only person who brought that office up to speed and has generated significant revenue for the city and county of san francisco, revenue that we should be putting away in the bank, but we're spending at a rapid pace because of the challenges that our city now faces, but carmen brought home the bacon. she worked hard to make this department work hard for the residents and people of san francisco. she was one of the -- she is one of the hardest working peop

i'm dominic chu in for brian sullivan on "worldwide exchange."rough the 5:00 a.m. eastern hour you can see the dow is implied higher by roughly 60 points. s&p implied lower by 2 points. the nasdaq a key focus under performing in the futures market implying an open of about down 73 points for the nasdaq index now, the dow is coming off a wild day, ending on a fresh record all time high you've got names like boeing, visa, chevron, goldman sachs, leaving the blue chips higher. this morning's premarket gainers right now. take a look at what's happening there. you've got dow, johnson & johnson, j.p. morgan chase, honey well, and nike on the up performers we're keeping a close eye on treasury around 12 month highs at this stage, we are at 1.44% for the benchmark 10-year note yield or 13 basis points, and the 30-yearlong bond, just a hair below 2.3% as well. take a look at this dynamic. we are seeing some movements here that are being attributed to this idea of a reflation trade happening. that ten-year note yield going all the way back to the early par

. >> good afternoon my name is carmen chu assessor-recorder i want to wish everything a happy new year you for joining us i want to say. >> (speaking foreign language.) >> (speaking foreign language.) >> i'm proud to be a native san franciscan i grew up in the chinatown, north beach community port commission important to come back and work with those that live in the community that i grew up in and that that very, very important to give back to continue to work with the community and hope e help those who may not be as capable in under serving come back and give >> i'm san francisco mayor london breed. i'm so excite the to be here today to swear in the next assessor-recorder for the city and county of san francisco. joaquin torres. i want to say a few things about joaquin. i known him for so many years. we started off many years ago in city government in the mayor's office in neighborhood services, doing work to help support communities. he has really an incredible personality. he always focused on getting the job done for people who need it the most. it is not a surprise in he's been

i am dominic chu in for brian sullivan history in tampa bay playing out last night tom brady leading the bucs to the super bowl at age 43, breaking his own record to win his seventh super bowl ring. its his tenth super bowl appearance this was tampa bay's first championship since back in 2003. brady was named the game's mvp for the fifth time in his career that's also, yes, another record he is the greatest of all time we'll have more on the big game later on this hour and talk about some of the big issues some sports betting sites had during the game and just ahead of it. to the markets where futures are pointing towards a higher open the dow implied higher by roughly 112 points the s&p 500 implied here by roughly 12 points. this is the middle of the range overnight for these futures' markets. the s&p, the nasdaq and russell 2000 small cap index posted record highs on friday the dow and the s&p are now on their longest winning streaks since all the way back in august you can see there are big move higher over the last year for the major indices. on the treasury yield side, we're see

are watching "worldwide exchange" right here on cnbc ♪ >>> appropriate song good morning, i'm dominic chun for brian sullivan stock futures indicating a decent rise at the opening bell with the dow implied higher around 200 points. the s&p 500 up by 31 the nasdaq up by 133 looking to rebound a bit from the losses last week. this all comes after friday's selloff to wrap up a roller coaster week on wall street amid that wave of speculative trading and volatility by retail in inve investors. the dow, s&p 500 and nasdaq falling around 2% or more for the week all three indices were down between 3% and 3.5% in that time span those losses erasing the initial gains we saw with the start of the new year the dow closing january out down 2%, while the s&p was down 1%. the nasdaq was able to hold onto some gains thanks to the big tech turn-around and continued strength, rising nearly 1.5% for that time span let's go worldwide joumanna bercetche is in our london newsroom with a look at the early trade in europe. what i can see is a lot of green on the screen. >> yep, that's it. we're starting off the

gocr not just spiritual relationship, works through chu he sets up disciples, followers, that very much continuing that apostolic command to go and preach the. the last thing they said was go preach, and we take that very serious. if that's your last will and testament we take back to heart and we are the only religious group that is named not for who found us, the only order was the name for what we do. op, we preach order preachers. it got your latin say that 10 times fast. it seems to me the culture living today, hasn't weekend families, weakened community, most networked culture and yet everyone is alone with his own preferences, and with his ipad, i'm not dissing technology. i am single word we find community where do we find -- >> you can't have a real relationship with an instagram account. >> michael and i have been friends for too long. >> with young people you don't run schools for the most part, you preachers and brothers do, to college chaplaincy and things like that. >> we set up centers next to secular universities. for instance for two years, i was down in tucson. so it's

. ♪ a little dire straits on this hump day for you i'm dominic chu in for brian sullivan here's how youroney and the global markets are setting their day up we could be poised for more gains at the opening bell. right now, futures are implying a 45% rise, modest for the dow, an 11% rise for the s&p and nasdaq up by 80%, driven by a number of big tech names in the premarket that are helping the action all of this after stocks rallied for a second day yesterday, with the dow gaining 475 points, its best day since november. so far that blue chip index is up more than 2% this week. bigger gains, though, for the s&p 500 and the nasdaq, which as you can see are up about roughly 3 to 4% for those indices. a very good start to february after a rough one for the month of january we are also watching the miss of silver amid that social media driven buying rally that we saw over the last couple of days prices plunging more than 8% yesterday, coming down from 8-year highs silver, $26.79 we were above 30 at one point over the last couple of days up 1 1/2% thousand still, though, that spike catching a

work comp title page -- work, work, work ♪ >> a song about work good morning, welcome, i'm dominic chubrian sullivan this morning, and here is how your money and the global markets are setting their day up stock futures looking to get back on track like we just said. you can see here the s&p up by about 13 points, 100 point gain for the dow roughly at the opening bell and the nasdaq gaining by about 65 points this thiis all after the dow and s&p snapped their six day winning streak, dipping ever so slightly, the nasdaq sneaking out to a gain thanks to facebook, microsoft, and netflix shares, and you can see there over the course of the time period yesterday, just very marginal gains, but still the win streak is snapped. a pair of stocks to watch in the trading day ahead including twitter. those shares climbing following better than expected 4th quarter results but the company failing to meet wall street's user growth expectations and warning that figure could slow down as well twitter shares up almost 4% in the extended hours trade also watching shares of lyft fourth quarter results be

to, and, frankly, to work with our state legislators and we have been in touch with assembly member chu who is continuing to work on his bill, which is not the bill here that passed, right. and he is continuing to work on his bill with tenant advocates to take effect when these current preemptive measures expire in june. so this is not the beginning of this conversation, not the end of this conversation. probably the middle of this conversation. but it's a very disappointing time for the state to come together to pass some protections, but then to use that as an opportunity to actually stop cities and counties from protecting their residents. thank you. >> chair melgar: thank you, supervisor preston. madam clerk, supervisor preston made a motion to continue this to the call of the chair. would you please call roll. >> clerk: yes, on the motion as stated by supervisor preston [roll call vote] you have three ayes. >> chair melgar: thank you. are there anymore items on our agenda? >> clerk: that completes the business for today. >> chair melgar: thank you so much, so we are adjourned. than

dominic chu in for brian sullivan this morning.e's how your money and investments are looking halfway through the 5:00 a.m. eastern time hour. as you can see, we are seeing some modest gains in the major indexes. the s&p is implied higher by roughly 6 points, the dow implied higher by 34 points and the nasdaq implied higher by roughly 53 after the dow and s&p eked out slight gains in yesterday es oo tr -- yesterday's trade. all three indices are looking at solid gains this week. it's only thursday we haven't even started yet but we're up 2 1/2 to 4% on the week this morning, investors will be watching the closely watched weekly jobless claims number at 8:30 eastern time, ahead of tomorrow's very big monthly employment report from the labor department well, making headlines this morning, sources tell cnbc apple is close to finalizing a deal with hyundai kia to manufacture an apple branded car the autonomous electric vehicles would be made at a kia assembly plant in west point, georgia the apple car is tentatively scheduled to go int