Word: darman
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Dates: during 1980-1989
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WASHINGTON--President-elect George Bush will round out his economic team today by naming Richard G. Darman '64 as White House budget director and Michael J. Boskin as chairman of the president's Council of Economic Advisers, transition sources said yesterday...
Transition sources, who spoke only on condition that they not be identified, said the directorship of the White House Office of Management and Budget post would go to Darman, a former K-School lecturer, and that Boskin, a Stanford University economics professor, had been tapped to head the Council on Economic Advisers. Both nominations have been widely expected...
...Darman was the top aide and protege to James A. Baker III during his four years as President Reagan's first chief of staff. In Reagan's second term, Darman was deputy to Baker as treasury secretary. Both left the government when Baker resigned in August to run Bush's presidential campaign...
...Darman once was an aide to Elliot Richardson at the Department of Health, Education and Welfare in the early 1970s. He has an inside knowledge of government and the budget that rivals that of Reagan's first budget director, David A. Stockman...
Without even leaving Shearson Lehman for the seedy McPherson Square campaign headquarters, the abrasive, brainy Darman, 45, will play a key role in the campaign. Already Baker consults with his former aide on every major decision; he has been included in closed-door strategy sessions for two months. The nondoctrinaire Darman rose from minor White House paper shuffler to assistant to the President and then No. 2 at Treasury despite his association with known liberals like Boston Brahmin Elliot Richardson (both resigned during Richard Nixon's Saturday Night Massacre...