Stephen Schwarzman, a key figure in the Republican donor community, has thrown his support behind Donald Trump, citing concerns about antisemitism and dissatisfaction with President Biden’s policies.
Key Points
Schwarzman's endorsement unlocks a vast network of Republican donors
He was known for his moderate Republican stance and informal advice to Trump on trade and economics
Schwarzman has cited concerns about antisemitism and dissatisfaction with Biden's policies as reasons for supporting Trump
Pros
Schwarzman's endorsement could be a major financial asset for Trump
May lead to a reevaluation of Trump by hesitant business leaders
Cons
Schwarzman's support may be controversial due to his connections with the Chinese government
Some may view his endorsement as a departure from his previous stance