sanchez. >> mr. duffy. >> joe duffy dbi i did have a discussion with respond that he dbi current member someone representing the permit holder and the encroachment on the sidewalk came up that was something that the dpw will deal with it is into the public sidewalks the permits got reviewed by at finally by clinton a ground checker and have inspectors if it is encroached dpw will have an issue. >> is there a notation for them to be aware. >> the plans were inside the property line not anything on there but dpw signed off required prior to dbi so dpw will need to sign off prior to the dbi board of directors on the main permit in 2013 an issued permit not signed off yet i'm not sure but the appellant could let dpw know that there would be potentially an issue okay. >> so what i'm hearing is that the current as built stairway was not to the built but has been built is currently encroaching on the public right-of-way. >> that's what their claiming. >> so what do we do formally or who does it formally to make a

. >> thank you mr. duffy. >> good evening, commissioners joe duffy dbi short the permit seems to be reviewed properly by dbi i checked on complaints no active complaints so it is voluntary work and as i said, i didn't see anything wrong with the permit. >> thank you. >> okay. thank you mr. white horn. >> good evening madam president and commissioners i'm here to contest the permit granted to joseph he never got a notice and when of the application was submitted a requirement of sf 311 and state law requires the landlord notice the tenants before applying for the permit the gentleman never contacted me and let me know he was seeking for a demolition which had i known would have done a block block notice he's returning this to a commercial space co-authored to the assessors those office a rh2 family 4 unit building two distinct address my address and the address next door to me the address right next door to me basing has been a typically space for the landlord son for a number of years he moved out as the prop

and i listened carefully to mr. duffy. evidently he does not know or does not understand that those big corporations that he talked about are hiring small businesses in his district. he does not understand that these are the suppliers to these big companies. these are the families who are benefiting from the jobs and the contracts that they've been able to get. evidently listening to my friends on the opposite side of the -- on the opposite side of the aisle, they really don't understand the ex-im bank. they really don't understand its support for our ability to export, thus creating jobs. while on the one hand they talk about how great our country is and how competitive we are, how competitive we need to be, they don't understand that just as mr. fincher said, other countries such as china are just hoping that we cannot reopen this bank. they are just hoping that we will not support our exporters. because they're going to support their exporters 100%. so if you care about jobs, if you care about contracts, if you care abo

. >> mr. duffy anything. >> don't have much to add with mr.yan i think he misunderstood i didn't say- if there is something obvious we don't need the survey we'll see someone encroaching someone built a deck into someone's yards it is objective we'll take action what we ask a surveyor from both sides with that and any dispute with the survey we'll maybe talk to both sides and it is not that anything under a foot is not an issue but ask for a surveyor i've got an inspector it is not something we'll get into we'll ask mr. ryan or anyone else to provide us with their survey mr. sanchez noticed there in the drawings that was different provisions on the plans for plan checker comments over-the-counter review did take even though over-the-counter took a couple of months at the had at the came in so the dates on the plans do reflect that there was some comments some in july and eventually the approval. >> okay. >> mr. duffy any open complaints on that permit. >> i see one of them complaint going back to inspector kurian he asked for some stuff and le

the chair recognizes the gentleman from wisconsin mr. duffy, chairman of the investigation oversight committee. >> thank you mr. chairman. good morning, miss yellen. when you were here in october, we had an change about the lauft subpoena we made to the fed. you were unwilling to comply with the subpoena. however, two weeks ago you did comply with that lawful subpoena and we are grateful for your cooperation with the house oversight committee. in your cover letter, when you provided those documents, you stated as chair, i implemented the practice all suspects material, security breaches in information. why is that your personal practice and why isn't that the policy of the fed? >> well, the policy of the fed, it was adopted back in 2011, i believe, stated that if the chair was alerted to a breach, the procedure would involve asking the fomcs general counsel and secretary to review the matter and to decide whether or not it should be referred to -- >> i'm aware of that. every january, don't you meet on the program for fmoc information and you s

the chair now recognizes the gentleman from wisconsin, mr. duffy, chairman of the oversight investigation subcommittee. >>> thank you, mr. chairman. good morning, ms. yellin. when you were here in october, we had an change about the lauft subpoena we made to the fed. you were unwilling to comply with the subpoena. however, two weeks ago you did comply with that lawful house subpoena and we are grateful for your cooperation with the house oversight committee. in your cover letter, when you provided those documents, you stated as chair, i implemented the practice all suspects material, security breaches in involving fomc information. why is that your personal practice and why isn't that the policy of the fed? >> well, the policy of the fed, it was adopted back in 2011, i believe, stated that if the chair was alerted to a breach, that the procedure would involve asking the fomc's general counsel and secretary to review the matter and to decide whether or not should it be referred to the inspector general. >> i'm aware of that. every january don't you

i wish that rules committee had allowed mr. duffy and myself and the many others of this effect to do something about train stoppages, closing traffic and endangering the public in our downtown areas, not allowed under in rule. not allowed at all. calling this bill a six-year re-authorization is also a bit of a misnomer. the bill only makes funding available for two to three years. so this is not in fact a six-year bill, it's a two to three-year bill. it's being touted for something that it doesn't have the power to do. simply calling it a six-year bill when you're only funding it for two to three years doesn't make it so. our economy is still fragile. americans are concerned about maintaining and growing their quality of life, affordable housing, quality education, retirement are sometimes out of the grasp of too many americans. critical infrastructure on public roads and bridges are absolutely important for driving our economy forward. my colleagues and i are charged with recognizing and offering innovative solutions to these probl

. >> mr. duffy. >> joe duffy dbi i did have a discussion with respond that he dbi current member someone representing the permit holder and the encroachment on the sidewalk came up that was something that the dpw will deal with it is into the public sidewalks the permits got reviewed by at finally by clinton a ground checker and have inspectors if it is encroached dpw will have an issue. >> is there a notation for them to be aware. >> the plans were inside the property line not anything on there but dpw signed off required prior to dbi so dpw will need to sign off prior to the dbi board of directors on the main permit in 2013 an issued permit not signed off yet i'm not sure but the appellant could let dpw know that there would be potentially an issue okay. >> so what i'm hearing is that the current as built stairway was not to the built but has been built is currently encroaching on the public right-of-way. >> that's what their claiming. >> so what do we do formally or who does it formally to make a

mr. duffy would impose a $10,000 civil fine for operators when they block a traffic crossing. we understand rail operators need to do this, but they should do it out of town. there is no reason to do it where they block public intersections. amendment allows operators the discretion to have areaster train horn in that are heavily populated. it is one thing were you have a train going 60 miles per hour and you have the particular killer traffic going 60 miles per hour. you need a very loud train bell because it needs to reach quite some distance. in the downtown area, the train speed is limited to 15-20 miles per hour. he killer traffic is also limited to 25 miles per hour. you would not need to reach as far with the signal in a downtown area where both the vehicles and train are going much slower than you would in a less densely populated area with higher speed limits. we would love more flexibility around our urban interface. that is what my amendment 173 would do. amendment 174 would instate ridorsts around cor that we in congress have deemed to be important. they benefit di

policies on those sorts of things when we're dealing with what we call information security rules that mr. duffy asked the question i don't know if we're able to get to the bottom of it. he said in your cover letter to him of about two weeks ago producing the document you wrote the following. as chair i have implemented the practice of immediately referring to the inspector general all suspected materials security breaches involving fomc information. i believe that's from your letter. if it's not please let me know. i think that's a fairly accurate representation. his question was, why -- and my question still is. is that you say you have implemented the practice. why hasn't that become part of the formal policy of the fed since you've been the chair? because the policy is different. the formal policy is very different than that, as a matter of fact. so help me reconcile your practice and the formal fed policy. >> well, the formal fed policy says that in the case of purported information security breach there should be review by the fomc secretary. >> correct. >> and general counsel to determine

totiano mr. duffy mr. haney. ms. mendoza-mcdonnell ms. norton perpetually ms. wynns dr.ase >> 7 i's. >> i just have another proposal or consent. >> i'll summarize family commissioner bobbie wilson's i wrote general council health and cc accidentally the rules committee with a question about the in our previous i think two sets of rules ago a provision that was stated explicitly 4 members of the boards could ask for a policy in writing it was revised for the boards policy that revision went away i realized i was not comfortable with the language because it seems to as on one hand that the president has the discussion to hold the resolution off for one meeting but also saying that the superintendents has the authority to decide what is in the jurisdiction of board my southern not so much about this board and our dynamics but alters some future board milestone might become divided that the president and the superintendent could prevent the majority of board from hearing an item so we hope assures me there are she buildings there are provisions and codes that will prevent th

students admissions for the rules pole and the boards resolution honoring the chicano-american by mr. duffyhat was referred to the before you get committee and the proposals are read into the record may i have a motion and a second >> second. >> with permission of the vice president the board policy 5111 we discussed it at the review has to be approved or acted been by the board by january because the board will not have all the necessary rules and student assignment before january 1st, the discussion will refer that to the committee as a whole that is scheduled in december. >> oh. >> so we don't - >> then i'll ask the superintendent if we cancel the committee as a whole how would the board like to proceed the issue a new law that was passed requires that the school district have a policy if place by january 1st to investigate the stated residency issues we have to have the policy in place before january 1st in order to be compliant. >> so commissioner norton. >> within the chairs prerogative to bring it by a, to the full board and have it not go through the committee. >> we'll bring that b

nomination to do a background check and hat might involve asking the previous employer as part of the -- mr. duffy: i would agree with that. it's common practice for the oversight committee to send subpoenas that are lawful to the agencies in which they oversee and that that agency has to comply with those subpoenas in a timely manner. chair yellen: i have done my best to do that. i believe we have now fully complied. >> the chair now recognizes the gentleman from missouri, mr. clay, ranking member of the financial institution subcommittee. mr. clay: thank you, mr. chairman. thank you, chairwoman yellen, for your return visit. fed's309 would remove the ability to make safety and soundness decisions and place them with the f sock -- fsoc. what impact would this dilution of your authority have on your ability to work with international regulators? chair yellen: well, it is important to the fed to be able to put in place the supervision program that we regard as appropriate for a particular institution. and we would not like to see fsoc involved in determining exactly what that appropriate program wo

mr. duffy: appreciate the chairman for yielding. i want to thank chairman huizenga for his good work on the format. i think this is a common set of reforms that makes the federal reserve more accountable to the american people. which means they're more accountable to the yeats congress. tissue to the united states congress. i would ask my colleagues across the aisle and my good friend from wisconsin who say this would provide for the congress to set monetary policy, where in the form act does it say that? just because we ask for oversight, just because we want to have the federal reserve accountable to the congress and to the american people, doesn't mean that congress is taking the role of setting monetary policy. again, that's just setting up a straw man and trying to knock it down in the argument. this is important stuff. there's a distinct difference between the two sides of the aisle. we do think there should be accountable and transparency but my friends across the aisle will continue to

students admissions for the rules pole and the boards resolution honoring the chicano-american by mr. duffy that was referred to the before you get committee and the proposals are read into the record may i have a motion and a second >> second. >> with permission of the vice president the board policy 5111 we discussed it at the review has to be approved or acted been by the board by january because the board will not have all the necessary rules and student assignment before january 1st, the discussion will refer that to the committee as a whole that is scheduled in december. >> oh. >> so we don't - >> then i'll ask the superintendent if we cancel the committee as a whole how would the board like to proceed the issue a new law that was passed requires that the school district have a policy if place by january 1st to investigate the stated residency issues we have to have the policy in place before january 1st in order to be compliant. >> so commissioner norton. >> within the chairs prerogative to bring it by a, to the full board and have it not go through the committee. >> we'll bring that

students admissions for the rules pole and the boards resolution honoring the chicano-american by mr. duffyhat was referred to the before you get committee and the proposals are read into the record may i have a motion and a second >> second. >> with permission of the vice president the board policy 5111 we discussed it at the review has to be approved or acted been by the board by january because the board will not have all the necessary rules and student assignment before january 1st, the discussion will refer that to the committee as a whole that is scheduled in december. >> oh. >> so we don't - >> then i'll ask the superintendent if we cancel the committee as a whole how would the board like to proceed the issue a new law that was passed requires that the school district have a policy if place by january 1st to investigate the stated residency issues we have to have the policy in place before january 1st in order to be compliant. >> so commissioner norton. >> within the chairs prerogative to bring it by a, to the full board and have it not go through the committee. >> we'll bring that b

the choir recognizes the gentleman from wisconsin mr. duffyair of our oversight investigations committee. >> thank you mr. chairman and welcome chair white. great to have you back. we talked privately and i've seen the press release from the s.e.c. in regard to the tick sized pilot program you have implemented a five-month delay, we've talked about that. this is not going to be a death by a thousand delays, is it? you're still committed to implementing the pilot program? >> totally committed to it. totally committed to it. we want to get it right so it will be meaningful. that's the goal. we thought long and hard about it. we calibrate it had extension so we could get good reliable data so we could get the results. >> and we want good data as well to make sure the program is set up correctly, a little more time isn't met with a big objection from us as long as you're still committed to implementing the pilot program so thank you for that. i want to follow up on the chairman's question in regard to the corporate bond liquidity and its relations

mr. williams researched not building out most at the rear when they're not building above the existing structure. >> thank you for explaining that. >> thank you. >> any inspector duffy we can take public comment then. >> i'm my english i think i'm okay i try to do the best i have a teacher that help me okay. >> overhead please.

mr. williams researched not building out most at the rear when they're not building above the existing structure. >> thank you for explaining that. >> thank you. >> any inspector duffy we can take public comment then. >> i'm my english i think i'm okay i try to do the best i have a teacher that help me okay. >> overhead please. okay. >> i'm living at i'm simon i live at a second story home we hidden the project 20 avenue i'm here to speak i'm strongly obvious because use it will be block all my no sunshine and also my family can not lose all my privacy because my bedroom might be faced on that that third story be building and at the beginning of this mr. lee walker come to high home speak to my wife in the person informed that building will be built two-story house so we agreed apparently but but i don't know why this project turned out to be 3 story we don't know nothing about that i really, really strongly object that i will only accept second story house thank you, sir. >> i have a question so you lived directly behind the property that is - >> yes, sir. >> so what was required we call it 311 notification meaning that the city and county you'll get plans the prop

mr. williams researched not building out most at the rear when they're not building above the existing structure. >> thank you for explaining that. >> thank you. >> any inspector duffy we can take public comment then. >> i'm my english i think i'm okay i try to do the best i have a teacher that help me okay. >> overhead please. okay. >> i'm living at i'm simon i live at a second story home we hidden the project 20 avenue i'm here to speak i'm strongly obvious because use it will be block all my no sunshine and also my family can not lose all my privacy because my bedroom might be faced on that that third story be building and at the beginning of this mr. lee walker come to high home speak to my wife in the person informed that building will be built two-story house so we agreed apparently but but i don't know why this project turned out to be 3 story we don't know nothing about that i really, really strongly object that i will only accept second story house thank you, sir. >> i have a question so you lived directly behind the property that is - >> yes, sir. >> so what was required we call it 311 notification meaning that the city and county you'll get plans the prop