Richard G. Darman
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Richard G. Darman
Richard Gordon Darman (May 10, 1943January 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. Early life Darman was born in Charlotte, North Carolina, the son of Eleanor F. and Morton H. Darman. His father was a textile mill owner. Darman graduated with honors from Harvard College in 1964 and from the Harvard Graduate School of Business Administration in 1967. Career 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 (1981–1985), before following Baker to the Treasury D ...
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Office Of Management And Budget
The Office of Management and Budget (OMB) is the largest office within the Executive Office of the President of the United States (EOP). The office's most prominent function is to produce the president's budget, while it also examines agency programs, policies, and procedures to see whether they comply with the president's policies and coordinates inter-agency policy initiatives. Russell Vought is the current director of the OMB since February 2025. History The Bureau of the Budget, OMB's predecessor, was established in 1921 as a part of the United States Department of the Treasury, Department of the Treasury by the Budget and Accounting Act of 1921, which President Warren G. Harding signed into law. The Bureau of the Budget was moved to the Executive Office of the President of the United States, Executive Office of the President in 1939 and was run by Harold D. Smith during the government's rapid expansion of spending during World War II. James L. Sundquist, a staffer at the B ...
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James Baker
James Addison Baker III (born April 28, 1930) is an American attorney, diplomat and statesman. A member of the Republican Party (United States), Republican Party, he served as the 10th White House chief of staff and 67th United States secretary of the treasury under President Ronald Reagan and the 61st United States Secretary of State, U.S. secretary of state before returning as the 16th White House chief of staff under President George H. W. Bush. Born in Houston, Texas, Baker attended the The Hill School, Hill School and Princeton University before serving in the United States Marine Corps. After graduating from the University of Texas School of Law, he pursued a legal career. He became a close friend of George H. W. Bush and worked for Bush's unsuccessful 1970 United States Senate election in Texas, 1970 campaign for the United States Senate. After serving briefly as Under Secretary of Commerce, Baker ran President Gerald Ford's failed 1976 United States presidential election ...
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Acute Myelogenous Leukemia
Acute myeloid leukemia (AML) is a cancer of the myeloid line of blood cells, characterized by the rapid growth of abnormal cells that build up in the bone marrow and blood and interfere with normal blood cell production. Symptoms may include feeling tired, shortness of breath, easy bruising and bleeding, and increased risk of infection. Occasionally, spread may occur to the brain, skin, or gums. As an acute leukemia, AML progresses rapidly, and is typically fatal within weeks or months if left untreated. Risk factors include getting older, being male, smoking, previous chemotherapy or radiation therapy, myelodysplastic syndrome, and exposure to the chemical benzene. The underlying mechanism involves replacement of normal bone marrow with leukemia cells, which results in a drop in red blood cells, platelets, and normal white blood cells. Diagnosis is generally based on bone marrow aspiration and specific blood tests. AML has several subtypes for which treatments and ou ...
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AES Corporation
The AES Corporation is an American utility and power generation company. It owns and operates power plants, which it uses to generate and sell electricity to end users and intermediaries like utilities and industrial facilities. AES, headquartered in Arlington, Virginia, is one of the world's leading power companies, generating and distributing electric power in 15 countries and employing 10,500 people worldwide. AES Corporation is a global Fortune 500, ''Fortune'' 500 power company. AES Ranks in the Top Ten of Fast Company's 2022 Best Workplaces for Innovators. History 20th century The company was founded on January 28, 1981, as Applied Energy Services by Roger Sant and Dennis Bakke, two appointees of the Federal Energy Administration under president Richard Nixon. The company was initially a consulting firm; it became AES Corporation, which went public in 1991. Sant was chairman, CEO, and president and Bakke was executive vice president until assuming the position of presiden ...
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National Museum Of American History
The National Museum of American History: Kenneth E. Behring Center is a historical museum in Washington, D.C. It collects, preserves, and displays the heritage of the United States in the areas of social, political, cultural, scientific, and military history. Among the items on display is the original Star-Spangled Banner (flag), Star-Spangled Banner. The museum is part of the Smithsonian Institution and located on the National Mall at 14th Street (Washington, D.C.), 14th Street and Constitution Avenue NW in Washington, D.C. In 2023, the museum received 2.1 million visitors, ranking the List of most-visited museums in the United States, eighth-most visited museum in the U.S. History The museum opened in 1964 as the Museum of History and Technology. It was one of the last structures designed by the renowned architectural firm McKim Mead & White. In 1980, the museum was renamed the National Museum of American History to represent its mission of the collection, care, study, and i ...
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Howard Hughes Medical Institute
The Howard Hughes Medical Institute (HHMI) is an American non-profit medical research organization headquartered in Chevy Chase, Maryland with additional facilities in Ashburn, Virginia. It was founded in 1953 by Howard Hughes, an American business magnate, investor, record-setting pilot, engineer, film director, and philanthropist, known during his lifetime as one of the most financially successful individuals in the world. It is one of the largest private funding organizations for biological and medical research in the United States. HHMI spends about $1 million per HHMI Investigator per year, which amounts to annual investment in biomedical research of about $825 million. The institute has an endowment of $22.6 billion, making it the second-wealthiest philanthropic organization in the United States and the second-best-endowed medical research foundation in the world. HHMI is the former owner of the Hughes Aircraft Company, an American aerospace firm that was divested to vari ...
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Loomis, Sayles & Company
Loomis, Sayles & Company L.P. is an American investment management firm based in Boston. As of December 31, 2023, Loomis Sayles has roughly US $335 billion in assets under management. Loomis Sayles was founded in 1926 by Robert H. Loomis and Ralph T. Sayles. In 2000, it was acquired by Natixis Global Asset Management. Products Loomis Sayles offers a variety of products for institutional investor An institutional investor is an entity that pools money to purchase securities, real property, and other investment assets or originate loans. Institutional investors include commercial banks, central banks, credit unions, government-linked ... and retail investors. It has institutional clients in 20 countries across six continents. Vehicles include Mutual Funds, Institutional Separate Accounts, Exchange Traded Funds, Managed Accounts, Hedge Funds, Collective Trusts and Other Private Placements. Strategy Loomis Sayles has experimented with a variety of styles, notably includ ...
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The Carlyle Group
The Carlyle Group Inc. is an American multinational company with operations in private equity, alternative asset management and financial services. As of 2023, the company had $426 billion of assets under management. Carlyle specializes in private equity, real assets, and private credit. One of the world's largest investment firms, it ranked first among private equity firms by capital raised from 2010-2015, according to the PEI 300 index. In June 2024, it ranked sixth in Private Equity International's PEI 300 ranking among the world's largest private equity firms. Founded in 1987 in Washington, D.C., the company has nearly 2,200 employees in 28 offices on four continents . On May 3, 2012, Carlyle completed a million initial public offering and began trading on the NASDAQ stock exchange. History Founding and early history Carlyle was founded in 1987 as a boutique investment bank by five partners with backgrounds in finance and government: William E. Conway Jr., ...
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1992 United States Presidential Election
The 1992 United States presidential election was the United States presidential election, presidential election, held in the United States, on November 3, 1992. The Democratic Party (United States), Democratic ticket of governor of Arkansas Bill Clinton and Senator from Tennessee Al Gore defeated the Republican Party (United States), Republican ticket of incumbent president George H. W. Bush and vice president Dan Quayle and the Independent politician, independent ticket of businessman Ross Perot and vice admiral James Stockdale. The election marked the end of 12 consecutive years of Republican rule of the White House, as well as the end of a longer period of Republican dominance in American presidential politics that began in 1968 United States presidential election, 1968 to 1988 United States presidential election, 1988, with exception only in 1976 United States presidential election, 1976. Bush had alienated many Conservatism in the United States, conservatives in his party ...
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No New Taxes
"Read my lips: no new taxes" is a phrase spoken by American presidential candidate George H. W. Bush at the 1988 Republican National Convention in New Orleans as he accepted the nomination on August 18. Written by speechwriter Peggy Noonan, the line was the most prominent sound bite from the speech. The pledge not to tax the American people further had been a consistent part of Bush's 1988 election platform, and its prominent inclusion in his speech cemented it in the public consciousness. The line later hurt Bush politically. Although he did oppose the creation of new taxes as president, the Democratic Party (United States), Democratic-controlled Congress proposed increases in existing taxes as a way to reduce the Government budget balance, national budget deficit. Bush negotiated with Congress for a budget that met his pledge, but was unable to make a deal with a United States Senate, Senate and United States House of Representatives, House that was controlled by the opposing ...
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