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JD FOSTER: The Fed Sits Under Whose Tent?
Just how independent is the Federal Reserve? Former Texas Sen. Phil Gramm and former Texas Rep. Jeb Hensarling recently commented on the Federal Reserve’s independence with respect to conducting monetary policy. On…
Opinion · 1 source · Jul 1, 2026Read it
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About Phil Gramm
William Philip Gramm is an American economist and politician who represented Texas in both chambers of Congress. Though he began his political career as a Democrat, Gramm switched to the Republican Party in 1983. Gramm was an unsuccessful candidate in the 1996 Republican Party presidential primaries against eventual nominee Bob Dole.
Everything about Phil Gramm →- Occupation
- politician, entrepreneur, university teacher, economist
- Position held
- United States senator, United States senator, United States senator, United States senator
- Citizenship
- United States
- Born
- July 8, 1942