Public Service
In addition to his private sector and teaching posts, Pozen has dedicated time during his career to public service. He was Associate General Counsel for the United States Securities and Exchange Commission(SEC) from 1977 to 1980.
In 2001 and 2002, he served as a member of President George W. Bush's Commission to Strengthen Social Security. His proposal for utilizing a "progressive indexing" methodology to address Social Security’s long-term solvency issue received national attention, including a mention during President Bush's 2006 State of the Union address.
At the state level, Pozen served as Secretary of Economic Affairs in 2003 under then-Massachusetts Governor Mitt Romney. Pozen was responsible for all economic-related areas, including banking, consumer affairs, insurance, and labor.
In 2007, Pozen served as chairman of the SEC's Committee to Improve Financial Reporting. Working with both private and public sector experts, the committee made several actionable recommendations to improve the U.S. financial reporting system, many of which have been implemented.
Read more about this topic: Robert Pozen
Famous quotes containing the words public and/or service:
“[T]he Congregational minister in a neighboring town definitely stated that ‘the same spirit which drove the herd of swine into the sea drove the Baptists into the water, and that they were hurried along by the devil until the rite was performed.’”
—For the State of Vermont, U.S. public relief program (1935-1943)
“The general who advances without coveting fame and retreats without fearing disgrace, whose only thought is to protect his country and do good service for his sovereign, is the jewel of the kingdom.”
—Sun Tzu (6th–5th century B.C.)