Billionaire GOP donor Stephen Schwarzman backs Trump in ‘vote for change’
CNN
Billionaire businessman and lifelong Republican Stephen Schwarzman says he will support the candidacy of Donald Trump with a “vote for change” after years of declining to back a particular GOP presidential candidate.
Billionaire businessman and lifelong Republican Stephen Schwarzman said Friday he will support the candidacy of Donald Trump with a “vote for change” after years of declining to back a particular GOP presidential candidate. In a statement, Schwarzman said, “The dramatic rise of antisemitism has led me to focus on the consequences of upcoming elections with greater urgency. I share the concern of most Americans that our economic, immigration and foreign policies are taking the country in the wrong direction. For these reasons, I am planning to vote for change and support Donald Trump for President. In addition, I will be supporting Republican Senate candidates and other Republicans up and down the ticket.” The move represents a decided shift for Schwarzman, the CEO of the private equity firm Blackstone, who made comments critical of Trump in the wake of the 2020 election and suggested in 2022 that the Republican Party needed to seek a “new generation” of leaders. But that new crop of leaders did not materialize. Schwarzman declined to back Florida Gov. Ron DeSantis in May 2023 after a meeting with the Republican presidential hopeful left Schwarzman uninspired. Schwarzman supported Trump in the 2016 election and became a trusted adviser once Trump took office. The private equity mogul chaired a prominent business advisory council that weighed in on economic and trade issues and projected a public image of support from corporate America. But the group disbanded after Trump said that a violent Charlottesville white nationalist rally had good people “on both sides.” “Bigotry, hatred and extremism are an affront to core American values and have no place in this country,” Schwarzman said at the time.
Authorities in Colombia are dealing with increasingly sophisticated criminals, who use advanced tech to produce and conceal the drugs they hope to export around the world. But police and the military are fighting back, using AI to flag suspicious passengers, cargo and mail - alongside more conventional air and sea patrols. CNN’s Isa Soares gets an inside look at Bogotá’s war on drugs.
Young Americans are “a generation under profound strain” with little confidence in institutions and widespread economic concerns, according to a Harvard Institute of Politics survey of adults younger than 30 released Thursday.
As lawmakers demand answers over reports that the US military carried out a follow-up strike that killed survivors during an attacked on an alleged drug boat in the Caribbean, a career Navy SEAL who has spent most of his 30 years of military experience in special operations will be responsible for providing them.
The murder trial of Brian Walshe, who is accused of killing and dismembering his wife in 2023 continues. Follow for live updates.
The FBI arrested a person Thursday who investigators believe planted pipe bombs near the Republican and Democratic National Committee headquarters the night before the 2021 US Capitol riot.
Lawyers for the New York attorney general’s office are expected to appear in federal court in Albany on Thursday to try to disqualify a US attorney from investigating the state’s civil case against President Donald Trump.
A new poll shows more than 70% of Republicans with Obamacare coverage don’t want their enhanced premium subsidies to expire.
A safety volunteer accused of fatally shooting a man taking part in a “No Kings” protest last June in Salt Lake City while firing at another man he believed to be a potential mass shooter has been charged with manslaughter, prosecutors announced Wednesday.
The specter of the Trump administration’s immigration crackdown looms over the Somali diaspora in the Twin Cities – home to the nation’s largest Somali population.
Honduras’ former President Juan Orlando Hernández thanked US President Donald Trump for pardoning his US drug trafficking conviction amid criticism from lawmakers that the pardon undermines the White House’s efforts to stop drug trafficking.
President Donald Trump’s name has been installed on the building and signage around the US Institute of Peace (USIP) – an independent agency that the administration gutted earlier this year.
President Donald Trump issued a “full and unconditional pardon” for Oak View Group co-founder Tim Leiweke, who was indicted by the president’s own Justice Department earlier this year, according to a document released online.
President Donald Trump said Wednesday that his administration would “certainly” release video of a follow-up strike on an alleged drug vessel in the Caribbean after the initial attack did not kill everyone on board.