Summary
- Blackstone CEO Stephen Schwarzman will support Donald Trump in his White House rematch with President Biden
- Schwarzman cited concerns about economic, immigration, and foreign policies under Biden, along with the dramatic rise of antisemitism in the country, as reasons for his decision
- Despite previously stating he would not back Trump in 2022, Schwarzman’s endorsement reflects a shift in his position
- He did not back any candidate in the primaries
