; finance; public sector financial management or oversight; mass transit management; planning in transit, mass transit, transportation, or land use; public safety; homeland security; human resources; labor relations management; or as a chief executive officer, chief financial officer, or be a board member of a large capacity, publicly traded organization. Appointees may not currently hold elected political office. (f) Fiduciary obligation The Directors of the Metro Reform Board shall have a fiduciary obligation to the Washington Metropolitan Area Transit Authority. (g) Terms Each Director of the Reform Board shall be appointed for a term of 5 years or less if the Metro Reform Board is terminated sooner by the Signatories. (h) Powers Notwithstanding any Federal law, rule, or regulation, and except as provided in this section, the Metro Reform Board shall be afforded all powers, responsibilities, and obligations of the Board, in addition to the powers, responsibilities, and obligations set forth in this section, if the powers conferred in this Act supersede any constraints placed on the Board prior to amending the Compact. (1) Contracts The Metro Reform Board shall review all existing and pending contracts and may amend such contracts, renegotiate them, approve them, or void them. (2) Liabilities The Metro Reform Board shall have the authority to renegotiate existing liabilities. (i) Restrictions (1) Rules