Blackstone’s Steve Schwarzman
Supply: Blackstone
Blackstone Group CEO Stephen Schwarzman will help former U.S. President Donald Trump as he seeks to return to the White Home, Axios reported on Friday.
The report quoted an announcement from the CEO of an funding administration firm saying that Schwarzman is certainly one of Wall Road’s largest political donors and plans to donate to Trump and a number of Republican Senate candidates.
Schwarzman, lengthy thought-about a Trump ally, introduced in 2022 that he wouldn’t help the previous president and mentioned it was time for the Republican Celebration to show to a brand new technology of leaders. He has not endorsed any candidates on this 12 months’s nominating race.
Schwarzman mentioned in an announcement that issues in regards to the financial system, immigration and international coverage beneath Democratic President Joe Biden, in addition to a “dramatic rise in anti-Semitism” within the nation, contributed to his resolution to help Trump.
Earlier than Friday’s report, Schwarzman donated $375,000 in March to Buckeye Values, a brilliant PAC backing Ohio Republican Senate candidate Bernie Moreno, marketing campaign finance information present. The group later hosted a Trump rally.
Blackstone didn’t instantly reply to Reuters’ request for remark.
