Stephen Schwarzman is a Republican, but is a moderate and was not very vocal in his support for Trump during the Republican primaries. Like many people, he thinks the country is on the wrong track and needs a change.
Schwarzman is also Jewish and the shocking rise in antisemitism seems to be playing a hand here as well.
Axios reports:
Scoop: Blackstone’s Steve Schwarzman backs TrumpStephen A. Schwarzman — chairman, CEO and co-founder of Blackstone, the private equity and real estate giant — tells Axios he will support Donald Trump as a “vote for change.”
- Schwarzman said Friday that he plans to donate to Trump and various Republican Senate candidates.
Why it matters: The endorsement gives Trump access to a potent network of Republican donors Schwarzman has cultivated. Trump also could get a new look from some business leaders who have been reluctant to back him.Schwarzman, a billionaire and lifelong moderate Republican, was one of Trump’s most visible business supporters when he was in the White House.
- But ahead of this year’s GOP primaries, Schwarzman called for “a new generation of leaders.” Schwarzman wound up not backing a primary candidate.
Axios is told Schwarzman’s concern about rising antisemitism sped his decision to re-embrace Trump, along with concerns about President Biden’s policies.
FOX News has more on this:
Billionaire CEO Schwarzman changes course and backs Trump citing rising antisemitism as top concernBlackstone CEO and co-founder Stephen Schwarzman revealed on Friday that he will be supporting former President Donald Trump in 2024 after previously distancing himself from Trump leading into the GOP primary.”I share the concern of most Americans that our economic, immigration and foreign policies are taking the country in the wrong direction,” Schwarzman told Fox News Digital in a statement that was first reported by Axios on Friday.”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.”Schwarzman, who briefly served as chairman of Trump’s Strategic and Policy Forum, added that the “dramatic rise of antisemitism has led me to focus on the consequences of upcoming elections with greater urgency.”
Lots of people feel the same way right now.
It’s ironic that Trump once again finds himself in the role of the ‘change’ candidate.
Featured image via YouTube.
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