Richard Darman

Richard Gordon Darman (May 10, 1943 – January 25, 2008) was an American businessman and government official who served in senior positions during the presidencies of Ronald Reagan and George H. W. Bush.

Darman held several governmental positions under James Baker, including as Assistant Secretary of Commerce (1976–1977).

After the defeat of Gerald Ford, Darman became a member of the faculty of Harvard Kennedy School, to which he would return on two occasions between 1977 and 2002.

When Baker became White House Chief of Staff under President Reagan, Darman returned to serve as Assistant to the President of the United States and White House Staff Secretary[2] (1981–1985), before following Baker to the Treasury Department as Deputy Secretary of the Treasury (1985–1987).

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.