Statement on the Appointment of Steven B. Harris

I am pleased by the SEC’s appointment of Steve Harris as a new PCAOB board member. As the former staff director and chief counsel to the Senate Banking, Housing and Urban Affairs Committee under Senator Paul Sarbanes, Steve helped shape the content and facilitate passage of the Sarbanes-Oxley Act of 2002, and he has a clear understanding of the intent of Congress. More broadly, Steve has been a key participant in the development of financial regulatory public policy over the past 20 years. He will be a valuable member of our Board, and I look forward to welcoming Steve to the PCAOB.