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Richard (Dick) Gordon Darman (born May 10, 1943) was the Director of the Office of Management and Budget during the administration of George H. W. Bush (1989 - 1993). Darman was regarded as provocative and intelligent by Washington insiders, but is criticized by some economists for being too focused on the budget deficit and is 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). Darman graduated with honors from Harvard College in 1964 and from the Harvard Graduate School of Business Administration in 1967. He is also a former member of the Harvard faculty. He is married to the former Kathleen Emmet. They have three sons. Since May 1, 2003, Darman has been Chairman of the Board of AES Corporation, an electric utility company. Darman is also a Senior Advisor affiliated with the Carlyle Group. Mr. Darman is a Trustee of the Loomis Sayles Funds, IXIS Funds, and the Howard Hughes Medical Institute. He serves as Chairman of the Board of the Smithsonian National Museum of American History. Some sources suggest that Darman is also a member of the Trilateral Commission.
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