Phil Gramm

Phil Gramm is an American economist and politician who served as a U.S. Senator from Texas from 1985 to 2002. He played a significant role in shaping economic policy, advocating for free-market principles, deregulation, and tax reforms. Gramm was instrumental in passing major legislation like the Gramm-Leach-Bliley Act, which deregulated the banking industry. Known for his conservative stance, he also served as an economist in the Reagan administration and briefly as the Chair of the Council of Economic Advisers. His work has had a lasting impact on U.S. financial and economic policy, reflecting his commitment to market-oriented reforms.