so, colleagues, i want to thank you again for holding this hearing, and i will now ask that jay hewitt, executive director of the san francisco board retirement system address the committee. thank you for being here, mr. hewitt. >> thank you. members of the committee, supervisor wiener, good morning, my name is jay hewitt. i'm the executive director of the san francisco employees retirement system. we have provided to you -- we have been asked by supervisor wiener's staff to provide a written response to his october request that we refinalize divestment from the russian system that the portfolio currently has. i will update that as of today. those holdings have been reduced from 37 million down to just over $26 million. these investments and these holdings are placed by discretionary managers. so, we're not sure why there is, you know, a significant decrease in the holdings, but i just wanted to update the committee that, in fact, now it's just over $26 million of russian securities that the portfolio has. as i pointed out in the letter, i believe that we have a strong track record of

hewitt extremists. i'm small finger pointing. this time i can rush said. vice president jay bybee and traveled to tnt told that the interim government that washington says the state has failed to use its influence on prey russian separatists in ukraine to deactivate the tension. meanwhile the separatists continue to occupy several government buildings in the region including the regional government seats in donetsk the us and european officials say they're ready to stock lost a bit more sanctions if the fact that is dying out. well let's get the latest now from ukraine and andrew simpson joins us now from the capital kiev was in great to see you i was startled by asking you about vice president joe biden's visit to kiev. of course he's not coming empty handed. what does care but once from the us will they be asking for a week away. well i don't know her so much a question about lisa way of the ukrainian army is equipped with their problems with organization and especially of morale after years of underfunding the main purpose of biden's visit is to show the moral and largely