Called “the Margaret Thatcher of financial regulation” by The Wall Street Journal, the Texas Public Policy Foundation’s former Chairman founded the Regulatory Studies Program at the Mercatus Center at George Mason University, where she is a Distinguished Senior Scholar.

Gramm served as chairman of the U.S. Commodity Futures Trading Commission from 1988-1993. She was Administrator for Information and Regulatory Affairs at the Office of Management and Budget from 1985-1988, the executive director of the Presidential Task Force on Regulatory Relief, and director of the Federal Trade Commission’s Bureau of Economics. Gramm has been on the research staff of the Institute for Defense Analysis.

She started her economics career at Texas A&M University, where she taught economics for over eight years. She holds a B.A. from Wellesley College and a Ph.D. from Northwestern University, both in Economics.