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He was appointed to the Senate following the death of Bernard Laurent, for whom Gaillard was the substitute at the time. Elected for the first time in the elections of 27 September 1998, he was re-elected in the election of 21 September 2008, where he was awarded the second seat in Aubes.
He is a member, and the Rapporteur, for the Finance commission.
For the Senate's election in 2014, he didn't present himself, and he it was François Baroin who succeed him the 30 September 2014.