Senator Phil Gramm is a former U.S. Congressman and Senator from Texas, as well as the former chairman of the Senate Banking Committee between 1991 and 2001. Prior to this, he was a Professor of Economics at Texas A&M University. He is now a Senior Partner at US Policy Metrics and a nonresident Senior Fellow at the American Enterprise Institute. Holding a Ph.D. from the University of Georgia, he is an economist by training, and his latest book is titled The Myth of American Inequality: How Government Biases the Policy Debate.