Cherry Murray summarizes her year as APS President in 2009. Key events included working to provide funding for science in the economic stimulus bill, launching new programs like Minority Bridge, and debates around climate change statements. The document also discusses the importance of physics research for national security, economic growth, energy/environment, and discovery. Challenges include declining US investment and increased global competition. Maintaining funding for basic research is argued to be critical for addressing major challenges and fueling innovation.