AUSTIN – The Texas Public Policy Foundation announced today that Dr. Wendy Lee Gramm was elected Chairman of its Board of Directors at its October 30th board meeting.

Gramm had previously chaired the Foundation’s volunteer board of directors from 1999 until 2004. She succeeds Houston businessman William McMinn, who had served as chairman for the last three years and will remain on the board.

“The Texas Public Policy Foundation serves an important role in the state,” McMinn said. “By developing sound research and fresh ideas, lawmakers are able to develop better laws that improve Texas for everyone. I have been honored to lead the Foundation through three terrific years and know that Wendy’s term will produce even greater accomplishments.”

Dr. 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. Dr. Gramm was on the research staff of the Institute for Defense Analysis.

Dr. Gramm recently concluded a six-year term on the Board of Regents of the Texas A&M University System, where she chaired the Committee on Academic and Student Affairs. She started her economics career at Texas A&M University, where she taught economics for more than 8 years.

“I am honored by the confidence that my colleagues have placed in me,” Gramm said. “The Texas Public Policy Foundation has been an effective champion for free markets and limited government, and I am excited to work even more closely with the first-rate professionals that Bill McMinn and Brooke Rollins have assembled.”

The Texas Public Policy Foundation is a non-profit, free-market research institute based in Austin.

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