My fellow board members have more longevity than do relevant Treasury executives and advisory boards. Our private sector boards neither micromanage nor implement policy. They do not manage. Boards don't run companies. CEO's are in charge.
Effective boards do maintain clear focus, oversight, and continuity.
The President recently named a very qualified private sector executive to be IRS Commissioner. Because of my Commission and private sector activities, I was the private sector part-timer, who identified this next IRS CEO to Larry Summers. I give you this background because it illustrates the kind of public-minded talent that is available for the IRS board that our Commission recommends. There are many private sector execs like me. My description illustrates why I disagree with Treasury's view that an external IRS board of part-time executives would not be appropriate, qualified, or dedicated for IRS operations and service.