Deals

Trump Was Defending Record at Davos, Says Blackstone CEO Schwarzman

Private equity CEO says speech was aimed at broad audience
Trump’s keynote speech highlighted success of U.S. economy

Donald Trump delivers a speech on the opening day of the World Economic Forum in Davos on Jan. 21.Photographer: Jason Alden/Bloomberg

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By Benjamin Robertson

January 21, 2020 at 12:00 PM UTC

Updated on

January 21, 2020 at 12:42 PM UTC

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Blackstone Group Inc. chief executive officer Steve Schwarzman said Donald Trump was seeking to defend his economic record in Davos as the U.S. president faces the start of his impeachment trial.