city. >> that and equity. we use the data to determine areas of the city, commercial corridors and the like in order to determine the distribution of resources so that it was equitiable across the entire city. >> supervisor cohen: but you have that data now? >> yes. >> supervisor cohen: -- >> president breed: so could you give us the information. >> i can give you just a sample, but i think we have a complete presentation on thursday. geneva mission comes to mind. >> well, we need to wait. >> i -- when i think about areas, fillmore comes to mind. there's several commercial corridors. i don't have -- we have 130 of them, so when i think about it, i think of areas where we don't currently have corridor workers; that we would like to place them. >> so corridor workers as it relates to the dpw program and also working with nonprofit agencies to identify individuals to expand their particular programs. >> yes. >> okay. so i mean in terms of additional hours, do you have any idea of how many additional hours per week

city. i suggest that fees be calculated based on carbon footprint. specifically speaking, ratio equity is removing 22 trees in the bayview and this is not through the bureau. approve improvement ratios and create a dedicated role in the department of environment to be conveyor of the city plan. [bell ringing] >> commissioner wald: thank you. >> come back next month. >> commissioner wald: [laughter] is there any further public comment? seeing none, anthony? call the next item. >> the next is presentation of the commission on the environment, environmental service award to the tenderloin neighborhood development corporation. the sponsor is johanna wald, this item is for discussion. >> commissioner wald: the way we will do this, i'll say a few words now, present the award. we will all have our picture taken together. and then we will invite the awardee to say a few words and then anyone you like can say a few words and then public comment. i'm pleased today we will be presenting the commission on the environment, environmental service award, to the tenderloin neighborhood development corp

briefly, the vision is one where san francisco is a growing equitiable city. there is a multitude of transportation options that are available and affordable for all. there is faster project delivery as a result of strong civic and government engagement, and in light of last -- of the last agenda item, i want to include housing in that, more housing built more quickly. at that time in march, we had publicly released the draft version and continued with our outreach to get feedback on this vision. the final version of this vision before you incorporates the feedback we received. the final document also summarizes the multiple ways that we conducted outreach, a description of the scenario planning process, as well as our responses to public feedback on the draft vision. this vision document is available on our website as well as a fact sheet which i brought copies of today. we have already gone the next steps of the connectsf program. this includes a needs assessment to identify the potential projects on our transit systems, streets, and freeways that are needed

the nation's acceptance program which allows us to work with private equities, cities and state governments like you referenced in south texas meet that need and provides flexibility. where there's a return on investment. we're going to continue to need appropriated support for those gateways of international commerce, that support all 50 states. >> thank you. >> the chair recognizes mr. rodgers from alabama. >> it's obvious from your opening remarks that you recognize that the most valuable component of your border security system are people. and we'll talk about that more in a minute. but aside from that, when you look at border infrastructure what do you think is the most critical component that you have to have to secure that border? >> for security? so it's not coming from me. it's coming from our agents and our chiefs on the ground. who threw a process every year called the capabilities gap analysis, that's analyzed by our headquarters operations team tell us what they need to secure that border. they've consistently identified four master capabilities. the first is impedance and deni

fell slightly to 14.75% trading was up but less than expected citi only up 1% year over year behind the 7% growth for jpmorgan kwee equitiesgains jpmorgan's cfo was hopeful volatility would remain elevated for the rest of the year but suggested march and april had settled from january and february investment banking for jpmorgan and citi fell year over year the efficiency ratio showed improvement for citi at 58% and jpmorgan, 56%. but worsening for wells fargo to 65% above the 60% to 61% target it stated last may wells fargo saw expenses rise 3% year over year in part due to regulatory issues and could be more to come the bank hinted it's close to settling on a fine related to auto insurance and mortgage interest rate issues saying the cfpb and occ have collectively offered to resolve for an aggregate of $1 billion in civil money penalties. that would mark a record fine for the cfpb while wells fargo estimates did beat in terms of eps, it's worth noting their revenue fell year over year. the bacnk is adamant it can stil grow despite the fed's punishment down sharply, particularly for wells fargo. guys >> wil, thanks for th

came to the city in equity, clean hands and they followed the process that the city has forced to put for the a petition and make statements on what they would like to have on that corner and it is a multi-generational community center that will host the whole community. if it was not for the elders in the community, we wouldn't have southeast center. our parents, they weren't on welfare, they were not sitting around. i'm 47, will be 47 in april. and my parents and community, they went to southeast community center and learned many trades and skills and they fought to have the first extension of the san francisco city college in the southeast community college. we are here, our young people are here, our elders are here, i am here. we are here to say do not make any changes for a developer that's coming johnny come lately. can they even build affordable housing? when i worked for the san francisco housing authority, they did it -- and backed out because they couldn't figure out how to develop low income, mixed income housing. so, who are they to come forward now? >> your time is up. >

city. we're looking to address two things. one is wage issue that's really about race and equity in our city. despite the great work of the directors and hsa family and mayor's office, there's a challenge we have with retaining and recruiting staff especially at the lower end of our wages, whether that's a desk clerk, a janitor, the line staff of the case management team, and that wage compression issue grows as minimum wage goes up, which is great, but it has an impact. it's harder for us to attract and retain great people to do this important difficult work. a number of our workers are having to live further and further away and are suffering their own significant housing crisis. we need help with wages. the other issue we're facing in terms of the current housing stock is about quality. in some cases, it's the quality of the building which has been underfunded that our tenants are living in conditions they shouldn't have to and none of us are -- then also again, the total staffing as we look to house more and more people with so-called higher level of needs. we need the right staffing and

what obligation does cities have to monkey with the degree to which there's a liveable wage paid to residents on the road to this equityiscussion. >> i think more and more cities are realizing they need to have something like a liveable wage, and the truth of the matter is a lot of people in the private sector are realizing it as well. companies like jp jp morgan, have a major commit independent detroit and doing it in he form of banking branches and opening up opportunities for financial literacy, and so a lot of folks in the private sector realize, we create a better society, better market, a better set of consumers if income and wealth are more broadly shared in the society. now, let me make a quick point. on the difference between income and wealth. it's pretty interesting. income is what people make and spend and then whatever is left, and so income is in and out every day of our lives, every month, every paycheck, and on that score, minorities in the united states make something like 70% or so of what the average american makes in income, in income. right? but wealth is a different thing. wealth is what you get t

of unsecured lending to consumers over the next three months jonathan stumps joins me, equity strategist from citieen seeing mixed messages around the economic conditions with brexit. what does that mean for stocks at this point? >> mixed is the optimal word there. mixed and modest uk growth story before the brexit referendum was strong strongest growth in g7 since then, we had more headwinds coming in. so we had softer consumer, softer investment. so uk gdp growth has come down from 2, 2 plus to high 1s. that's where we are now. we see challenges for the consumer, despite some positive news on real wages as we go through a period of falling inflation. overall the uk macro back drop remains sluggish >> if uk lenders are expecting a rebound in mortgage demand, that suggests the consumer is somewhat confident of employment prospects, their ability to spend and buy some household items, also scaling up to a large financial commitment that's a positive sign, isn't it, on financial conditions. >> it's a positive data point. we have a mex tur oixture of dat that come out. our retail team runs a househol

city agencies. i am pleased that today we are discussing the department racial equity initiative and another initiative, the led giveaway with equity in mind. my fellow commissioners and i have been inspired by the work of the environment justice team in the department and it is great to hear that the team is organizing to address individual institutional and structural equity. we are also very excited to hear about the results of the much discussed led giveaway. at this point, i would like to table the rest of my welcome, remarks to the call of the chair. do any of you have any objection?

commissioner dooley's kind of questions and inquiries around what can be added to the equity program for cannabis industry in the city. i think the criteria for equity applicants remains a little too narrow and some obstacles i've observed with potential occupants they will meet the residency and income requirement but the third is difficult to meet for people who maybe dropped out of high school before they hit that five-year threshold or were home schooled or left the city during those school years. i would also be curious for a report on what the intentions of the pilot or criteria, testing program they are going into with equity applicants right now. and if that is going to be open for inwut or change following that kind of testing with the criteria and also a second item i would like to add to new business request, in the spirit of streamlining fees and good law making, something i asked for a while back and we needed to follow-up on is a report from the department of public health on the deemed approved off sale use ordinance and yeah, just looking at a fee that is unfairly leveraged on businesses that don't ne

look at the beats here on trading on the equities overall. citi group, 38% increase in equities tradings. jp morgan, 25% this is all that chaos that we saw in february and all the concerns about trade wars. it helped all the trading desks. it's very good news for goldman sachs and morgan stai stanley. they get more revenues from the trading than jp morgan does. don't worry about all of this, the news is good for these companies. the exchanges, too, bigger volume in february the numbers were up, they are trading up throughout the year ice doesn't get as much of its revenues from transaction fees more from market data. bottom line, don't worry about it yet very happy with leadership in oil stocks the whole week we have seen these stocks moving up a small new leadership group is emerging back to you. >> let's get more on what this earnings season means for the market and to do that we will bring in kate warren of edward johns. and ron insanaa. folks, welcome good to have you both here ron? >> yes, sir. >> i wonder, it feels to me on this friday the 1

public programs i am very excited by lafco's potential to tackle these programs in our city and distribute equitiablely distributive progress. thank you very much. >> supervisor fewer: thank you. any comments? >> supervisor ronen: sure. hi. thank you so much for your application. i'm really excited about it, and i'm just wondering what drew you to applying for a seat on lafco. what drew you to work on lafco. >> as a member of dsa, one of the things that we focus on is just expanding programs in our city, and the one thing that we are really, really passionate about, we're passionate about a lot of stuff, we're passionate about cleanpowersf, and public banking. we just had a little happy hour a couple days ago. it was a great success. yea, happy hour, but these are things that we believe that are stepping stones to projects delivering better public services to people in san francisco. even publishes like cleanpowersf, clean banking, they have intersectional effects on all of the other work that we do, especially housing and land use, but also on, you know, continuants rights, immigrants' right, etcetera

but individual equities one at a time are undercutting. citias already done it and certain others, and i think there's more to come the presumption is the whole index is going to break. here's the same chart, and this is telling same chart, but look at relative performance. it peaked right after the election, and all of this advance in banks and how, quote, good they've been, no, they haven't been good. they've been below market performance. adjusted for beta risk, much less than market performance let's go to the index itself and look at morgan stanley this is one of the ones that almost has started to break. you can see it here just below the line the presumption is is, even though citi has done that, morgan stanley is done holding the line as an individual opponents break, the presumption is the hole will break. morgan stanley is on the radar here, and i think that will -- goldman, too -- break next week. >> how are you trading, morgan stanley? >> we have a bit of a dilemma here because a lot of financials on a lot of metrics don't look part

equity initiative. so this... thank you. so this is a city-wide initiative started by the committee on information technology just last year. and the role of this initiative is to coordinate city-wide efforts to ensure all residents have the tools and ability to participate in digital society. why does this matter? basically technology today is a vital necessity in terms of employment, nearly all major companies post job openings and take job applications exclusively online. in terms of education, more and more students are expected to use technology to complete their homework and schoolwork and parents are expected to use internet and portals to engage with their teerchls and schools. -- teachers and schools. finally, many health care providers are providing online portals and patients are encouraged to use the portals to communicate with their doctors, manage their records. digital divide still persist. estimated over 100,000 san francisco residents lack home internet access. and low-income residents, seniors and people with disabilities ar

city. ilene will follow me. we try to value equity and compassion. we work a lot with the department of public works. an example that happened not too long ago is we had an out break among the homeless. we had hepatitis out breaks among the homeless in other parts of california but not san francisco because we activated our emergency response system and vaccinated close to 6,000 people. one of the things i want to get to is the whole distribution of needles is an important part of our strategy with getting to zero and hiv. what i want to do is share with you an info graphic that just summarizes why a syringe access so so important. i'm going to walk you through it. when you have so many needles people become concerned about becoming infected when there's needle sticks because there's so many needles. you get complaints from the public, from workers, et cetera. you can think of it in three different ways. one is we are trying to diminish the contact between people for susceptible and needles. at the time you -- top you can see that. what we are most i

trading was up, but less than expected, citi up 1% year over near, and equities drove those gains whileixed income disappointed again, else for citi they hope to remain elevated for the rest of the year, but settling back in march and april. wells fargo saw expenses grow 3% year over year, and there could be more to come. the bank hinted it is, as reported, close to settling on the mortgage interest rate issues saying, quote, the cfpb and occ have collectively offered to resolve for an aggregate, and the entire sector down today especially the universal banks next week's focus turns the bank of america, goldman sachs, morgan stanley, latter two investment banks are outperforming the today, and trading lower, most of all >> i like what jim cramer said on twitter, wait a month, then look at the price. if you look back, the sell on the news thing, once it's digested, as a good quarter, it goes the other way >> crucial point not only up sharply, but up sharply yesterday, up 2.5% yesterday because of the yield pictu pickup and earnings were good. nevertheless, the share decline is a big surp

i know there is no disagreement we should work to do everything we can to ensure equity for our lowest paid city workers. i am confident 11 members of the board agree that this very small raise should be granted to our lowest paid city workers. the biggest conversation piece is how we fund it. this is the right time to begin this conversation to ensure we figure out a solution before we pass the 2018-2019 budget. in terms of proposition c which supervise yee and i offered understanding this is the top priority and respecting the fact that they refrain from placing a ballot measure for june 5, we did include 15% set aside of proposition c to go to the general fund to fund the minimum compensation ordinance. we have varied estimates from the controller's office it would raise 20 to $25 million per year to the general fund. it would not be again until january 1st. that might be one of the conversation pieces if we consider a smaller raise on july 1est or the full raise on january 1st as additional funds come in. i know there are three different pieces. the ihss worker who works to support seniors a

bet that i would like to make is that you bounce off that line, but individual equities one at a time are undercutting. citias already.net and certain others so forum shun is the whole index is going to break. now, here's the same chart and this is telling. same chart, but look at relative performance. it peaked right after the election and all of this advance in banks and how quote good they have been. no, they haven't been good, they've been below market performance. adjusted for beta risk much below mark performance. let's go back to the index, itself then look at marken stanley and this is one of the ones that's already started to break you can see it sort of here just below the line and the presumption is just as citi has already done that, that morgan stanley is next. so back to the index, itself, holding the line as individual components break the parts compose the whole. the prem shun is the hole will break. marken stanley is on the radar here it will, goldman, too, break next week. >> all right well, come on back over. in the meantime, how are you trading morgan stanley >> we have a little dilemma