Reported 13 days ago
Steve Schwarzman's early endorsement of Donald Trump is proving beneficial as he gains influence in the new administration. Schwarzman, who initially distanced himself from Trump, now has the potential to affect key policies while maintaining a hedge through differing political alliances at Blackstone. His support came after a series of shifts in his political stance, reflecting his concern for economic and immigration policies. Amid this, his heir-apparent, Jon Gray, who leans Democratic, showcases Blackstone's diverse political strategy aimed at business adaptability.
Source: YAHOO