Gramm to Treasury?

Word on the street is that Phil Gramm, former Senator from Texas, economist, deficit hawk and author of the famous Gramm-Rudman bill, is under consideration to be nominated for the Treasury Secretary spot.

Would be music to the ears of financial conservatives everywhere concerned about the deficit.

Phil Gramm was my first boss when I graduated from college. Learned a lot from this very wise man. He'd be an awesome pick.