Nomination of Wendy Lee Gramm To Be a Commissioner and Chairman of the Commodity Futures Trading Commission

The President has nominated Wendy Lee Gramm to be a Commissioner of the Commodity Futures Trading Commission for the term expiring April 13, 1995, and he has also nominated her to serve as Chairman of the Commission. This is a reappointment.

Since 1988 Dr. Gramm has served as Chairman of the Commodity Futures Trading Commission. Prior to this, she served as Administrator for Information and Regulatory Affairs at the Office of Management and Budget, 1985 - 1988; Executive Director of the Presidential Task Force on Regulatory Relief, 1986 - 1988; Director of the Bureau of Economics at the Federal Trade Commission, 1983 - 1985; Assistant Director in the Division of Consumer Protection at the Bureau of Economics at the Federal Trade Commission, 1982 - 1983; and research staff member for the Institute for Defense Analyses, 1979 - 1982. In addition, she served in several positions at Texas A&M University, including associate professor in the department of economics, 1975 - 1979; director of undergraduate programs, 1974 - 1977; and assistant professor, 1970 - 1975.

Dr. Gramm graduated from Wellesley College (B.A., 1966) and Northwestern University (Ph.D., 1971). She was born January 10, 1945, in Waialua, HI. Dr. Gramm is married, has two children, and resides in Washington, DC.