we went to work with our supervisor and i know ms. cohen is out of breath and knows how important this is for her constituents and this district, but most importantly we knew if we didn't just talk the talk, that if we actually took the residents with us, and took all of the talent that we had in the city from the housing authority to our mayor's office of housing, to the redevelopment people, to the private developers, to the staff that has been so diligent, to the private nonprofit sector. the in incredible community based organizations and the bay view y and all these wonderful people that have been struggling for years saying "can we get some help? can we get some love in the town? can we do something that will get us all together? and we can all these nonprofits and bridge and mercy and coming together saying we can all do it and we team up with hope sf and the partners they created in saying it's not just brick and mortar that we're doing here. it's people first. the first thing that we have to do is bring hope to the people living th

. >> thank you ms. cohen. mr. chu. >>? mr. campos, thank you mr. clerk i have a numb of number of items and the first is authorizing the-off real estate for 17th and folsome street park project and i also have a memoriam for man we will spain rod drying guess and he was one of the district's most colorful andby loved artist and is with robert crumb influenced generations of cartoonists and not only in the mission but throughout the city and born in new york to an italian artist mother mr. rod drying guess dropped his first name in favor of spain passionate about his latino heritage created murals with crumb in the late 1960's and 70s, in in addition, to zap economics his works include biographygraphy and dark hotel online graphic novellings, spain was working on a graphic story for the 2004 san francisco hotel workers strike, so, we would like to ask that we adjourn the meeting today in his memory. i also have another item as you know as a city, we have been working with other cities to deal with the issue of homelessness within our veteran populat

ms. cohen, you had a previous discussion with regard to definition of u.s. personnel. they want to share your prospective? >> absolutely. thanks again for the question. we do think that there are risks to u.s. person definition, that is too broad. one of the risks were talking earlier about unintended consequences is again that you can have a market participant who is a u.s. person, and eu person, and maybe not an sec u.s. person, and that market participant could potentially optimize around what person or combination of people they want to be. and that is that is potentially an unintended consequence. i think with the guiding principal, i think a u.s. person definition has to be addressed in two ways. number one, the immediate need for a clear consumable definition and specifically, the one to which we been implementing, so that we can go live with a number of very important rules, such as reporting business conduct that will really position as ensuring leadership to the rest of the world in k

ms. cohen, welcome to the panel. you recognize for five minutes. >> chairman terry, ranking member waters, my name is colin abbott direct tour at goldman sachs. the responsibilities include developing and delivering trading hedging and risk management solutions to the first otc trip to client specific focus on the market changes resulting from global regulatory reforms. and my current broadband church regularly with market participants that transacting swaps two miniaturist, excess liquidity and improve returns. thank you for inviting me to testify at today's hearing to hear her live and answer any questions you have. goldman sachs supports the overarching goals of dodd-frank derivative positions including decreasing systemic risk and increasing transparency and devoted substantial resources to build necessary compliance systems. commissioners and staff at the regulatory agencies including the cftc were given a difficult task and we commend a burst of vocalists of the legislation. along with customers we been careful

cohen. i want to see if ms. mendoza from the mayor's office -- oh i didn't see you. well thank you for being here on behalf of the mayor and i appreciate the giant's paraphernalia. >> thank you. my hat is still wet from last night. an amazing victory. [applause] >> i am thrilled to be here this afternoon to represent the mayor to honor our restaurant, and with all due respect strfer mar the best was saved for last. [applause] >> i want to tell you a little bit about old school cafe and i know supervisor cohen is very proud of this establishment as well, so old school cafe is a faith base violence prevention program providing jobs and training to youth with emphasis on at risk youth age 16 to 22 in a 1940 style supper club. they confront the epidemic of violence and providing at risk youth who were incarcerated or part of the foster youth program with a variety of opportunities not normally afforded to them. i wanted to share an exert from a recent article about old school because the person that started old school is phenomenal and i know you did that and she was a c

ms. slaughter: mr. speaker, i'm delighted to yield three minutes to the gentleman from tennessee, mr. cohen. the speaker pro tempore: the gentleman from tennessee is recognized for three minutes. mr. cohen: thank you. i appreciate the time and the opportunity to speak on this measure. i'm concerned about the fiscal cliff, and it's important and president obama has tried to work with the opposition party and go on from what he was elected on, increasing taxes for fairness on people earning over $250,000, to $400,000. but, no, that wasn't enough. this proposal goes to $1 million a year. $400,000 is plenty comfortable, and the president's gone a long way. the fact is there's a lot of revenue that's being lost between $400,000 and $1 million. we need that revenue to rectify the wrongs in our society of which there are still many. this bill would cut funding for the national institutes of health. that is our physical cliff. and i want to talk to you how this fiscal cliff affects the physical cliff. the national institutes of health is the agency that comes up with research dollars that allows for