Bragi and Einar Örn Benediktsson (trumpet / vocals) had released records on Einar's own label, Gramm.
In 1981, he co-sponsored the Gramm-Latta Omnibus Reconciliation Bill which implemented President Ronald Reagan's economic program including an increase in military spending and some minor cuts in discretionary and entitlement spending.
Formed by 17 tracks, this album was released through Gramm and featured singer Björk and her sister Inga Guðmundsdóttir as background vocalists.
The single was recorded in June 1982 and issued by Gramm Records on a 7" vinyl record including three songs.
Phil Gramm | Lou Gramm | Gramm | Gramm–Leach–Bliley Act | Gramm-Leach-Bliley Act | Gramm-Latta Budget | Just Between You and Me (Lou Gramm song) |
The newspaper has won praise for its coverage of important policy issues, including passage of the Gramm–Leach–Bliley Act, congressional debates surrounding regulation of government-sponsored enterprises like Fannie Mae and Freddie Mac, and the near-constant wave of mergers and acquisitions that affect banks.
In 1984, Kubiak won the Democratic nomination for Congress over State Senator Hugh Parmer of Fort Worth but lost the general election to the still serving Republican, Joe Barton, who succeeded Gramm in the House upon Gramm's election to the U.S. Senate seat vacated by John G. Tower.
Some attempted to attribute the accident to US Senator Phil Gramm, as McCoy was due to testify against Senator Gramm's shakedown of campaign contributions made by the El Paso Small Business Administration office.
During the 2009 United States House of Representatives consideration of H.R. 4173, the bill that became the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, Representative Maurice Hinchey (D-NY) proposed an amendment to the bill that would have reenacted Glass–Steagall Sections 20 and 32, which had been repealed by the 1999 Gramm–Leach–Bliley Act (GLBA), and also prohibited bank insurance activities.
In 2010, Parmer's political involvement included donations to defeated U.S. Representatives Chet Edwards of Texas, another former political rival of Phil Gramm's, and Earl Pomeroy of North Dakota.
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Barton succeeded the Democrat-turned-Republican Phil Gramm, who was first elected to the U.S. Senate that year over fellow Republicans Ron Paul and Henry C. Grover and the Democratic State Senator Lloyd Doggett of Austin.
In April 1997, two months after providing vocals for Christian rock band Petra's Petra Praise 2: We Need Jesus, and on the eve the band was to leave for a Japan tour, Gramm was diagnosed with a type of brain tumor called a craniopharyngioma.
In that influential role he was a principal author of several important laws including the Telecommunications Act of 1996, the Food and Drug Administration Modernization Act of 1997, the Private Securities Litigation Reform Act and the Financial Modernization Act of 1999, also known as the "Gramm-Leach-Bliley Act."