Schwarzman Ends Highly Lucrative Trump Era With Nod to Biden
- Blackstone CEO says it’s time for the country to move on
- He has been one of Trump’s biggest Wall Street backers
Stephen Schwarzman
Photographer: Jason Alden/BloombergThis article is for subscribers only.
Up and down Wall Street and along Park Avenue, in the soft-carpeted corridors of moneyed Manhattan, few have embraced things Trump quite like the billionaire Stephen Schwarzman.
For four years, the Blackstone Group Inc. chief executive officer has publicly stood by President Donald Trump even as many other corporate chieftains have pulled back. He has lent his name to a blue-ribbon committee, counseled the president during evening phone calls, helped shape tax law -- and thrown more money at Trump’s re-election campaign than anyone else in American finance.