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Steve Schwarzman of Blackstone
Supply: Zwartsteen
Blackstone CEO Stephen Schwarzman will assist Donald Trump as the previous US president tries to return to the White Home, Axios reported on Friday.
Schwarzman, one of many largest political donors on Wall Road, plans to donate cash to Trump and several other Republican Senate candidates, the report mentioned, citing a press release from the funding administration agency’s CEO.
Schwarzman had lengthy been seen as an ally of Trump and had introduced in 2022 that he wouldn’t assist the previous president. He mentioned it was time for the Republican Social gathering to show to a brand new technology of leaders. He didn’t endorse any candidate on this 12 months’s nominating contests.
However issues about financial, immigration and overseas coverage below Democratic President Joe Biden, together with “the dramatic rise of anti-Semitism” within the nation, have been the driving pressure behind his determination to assist Trump, Schwarzman mentioned within the assertion.
Earlier than Friday’s report, Schwarzman had donated $375,000 in March to Buckeye Values, a brilliant PAC that backed Ohio Republican Senate candidate Bernie Moreno after which organized Trump rallies, marketing campaign finance data present.
Blackstone didn’t instantly reply to a Reuters request for remark.
Blackstone CEO Schwarzman will assist Trump, Axios stories
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