Richard Darman

Richard Gordon "Dick" Darman
Director of the Office of Management and Budget
In office
1989–1993
Preceded by Joseph Robert Wright, Jr.
Succeeded by Leon Panetta
Personal details
Born (1943-05-10)May 10, 1943
Charlotte, North Carolina, USA
Died January 25, 2008(2008-01-25) (aged 64)
Washington, D.C.
Nationality American
Political party Republican
Spouse(s) Kathleen Emmet Darman
Children William Temple Emmet Darman, Jonathan Warren Emmet Darman, and Christopher Temple Emmet Darman
Occupation Economist; Businessman; Government administrator
Darman at a NSC meeting

Richard (Dick) Gordon Darman (May 10, 1943 - January 25, 2008) was an American economist who served as Director of the Office of Management and Budget during the administration of George H. W. Bush (1989 - 1993).[1] Darman was regarded as provocative and intelligent by Washington insiders, but was criticized by some economists for being too focused on the budget deficit and was sometimes blamed for convincing Bush to renege on his promise of "Read my lips: No new taxes", which is widely believed to have contributed to Bush's defeat in the election of 1992.

Prior to serving as Director of the Office of Management and Budget, Darman held other governmental positions, including: Assistant to the President of the United States (1981–85); Deputy Secretary of the Treasury (1985–87); and Assistant Secretary of Commerce (1976–77). He also was a member of the faculty of Harvard Kennedy School on three different occasions between 1977 and 2002: as an Adjunct Lecturer in Public Policy, a Lecturer in Public Policy, and a Public Service Professor.

Darman graduated with honors from Harvard College in 1964 and from the Harvard Graduate School of Business Administration in 1967. He was married to the former Kathleen Emmet. They had three sons.

Since May 1, 2003, Darman had been Chairman of the Board of AES Corporation, an electric utility company.

Darman was also a Senior Advisor affiliated with the Carlyle Group.

Mr. Darman was a Trustee of the Loomis Sayles Funds, IXIS Funds, and the Howard Hughes Medical Institute. He served as Chairman of the Board of the Smithsonian National Museum of American History.

Some sources suggest that Darman was also a member of the Trilateral Commission.

Darman died on January 25, 2008 at the age of 64, following a battle with chronic myelogenous leukemia.

Further reading

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References

  1. ^ Martin, Douglas (26 January 2008). "Richard G. Darman, 64, Aide for 5 Presidents, Dies". The New York Time. Retrieved 29 July 2012. 
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External links

Political offices
Preceded by
Joseph Robert Wright, Jr.
Director of the Office of Management and Budget
Served under: George H.W. Bush

1989–1993
Succeeded by
Leon Panetta
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Last modified on 13 March 2013, at 22:26