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Trump Turns to Schwarzman, Dimon for White House Jobs Panel

  • Some advisers favor free-trade deals and donate to Democrats
  • President-elect facing criticism for appointing billionaires
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Blackstone Group Chairman Stephen Schwarzman discusses chairing a new economic advisory panel being assembled by President-Elect Donald Trump. He speaks with Bloomberg's Jason Kelly on 'What'd You Miss?' (Source: Bloomberg)

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President-elect Donald Trump turned to some of Wall Street’s biggest names to create a panel of business leaders that will give him strategic advice on the economy after he takes office, including two financiers with deep Democratic roots.

Blackstone Group LP Chief Executive Officer Steve Schwarzman will chair the President’s Strategic and Policy Forum, which will begin meeting with Trump in February, according to a statement Friday from his private equity firm. JPMorgan Chase & Co. CEO Jamie Dimon and BlackRock Inc. CEO Laurence Fink, major donors to Democratic politicians, will also sit on the panel.