Blackstone CEO Stephen Schwarzman confirmed Friday that he is backing Donald Trump in a rematch against President Biden for the White House.
As The Post first reported Sunday, Schwarzman, one of Wall Street’s biggest political donors, had seriously considered supporting Trump amid a rise in anti-Semitism across the country, particularly on college campuses.
Blackstone’s president said Friday that concerns about the Biden administration’s economic, immigration and foreign policy, as well as a “dramatic increase in anti-Semitism” in the country, led to his decision to support Trump. Statement issued to Axios.
Schwarzman has long been seen as an ally of Trump but has said he would not support the former president in 2022, saying it’s time for the Republican Party to turn to a new generation of leadership.
He did not endorse any candidate in the primary election.
Blackstone did not immediately respond to a request for comment.
