The perspective that I think I bring to
the board is informed by the experience I had in the public sector. After college
and law school I took a strong interest in public service and so I found myself
working in the US Senate in a variety of policy and legal roles. A lot of focus
on financial markets and financial services and then I had the opportunity
to work at the Securities and Exchange Commission as a commissioner for five
years. What was really interesting to me in terms of potentially joining the
Board of trustees of the FAF was continuing to serve the public interest
and that remains a really strong passion for me. The FAF plays a really critical
role in ensuring the independence and integrity and effective oversight of the
Financial Accounting Standards Board and the Government Accounting Standards
Board. You know one of the key challenges I think for standard-setting generally
will always be its independence and I don’t think it’s unique to you know US
accounting standards setting I think you find that with other other standard
setters around the world so I think that’ll always be a challenge with
respect to protecting the independence and integrity of standard setting. For
accounting standard setters to be transparent and accountable inoculates
them from that pressure and I think that the FAF has played a really important
role in ensuring that that kind of accountability and transparency
continues to grow and I think that that’s a role that the FAF can
continue to play in terms of supporting the work of the FASB and the GASB.