Another Billionaire Megadonor Defects From Trump After 2024 Launch—As Party Heavyweights Stray From Former President

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Another Billionaire Megadonor Defects From Trump After 2024 Launch—As Party Heavyweights Stray From Former President
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Blackstone CEO Stephen Schwarzman will not support former President Donald Trump in the 2024 GOP presidential primary, Schwarzman said.

Blackstone CEO Stephen Schwarzman will not support former President Donald Trump in the 2024 GOP presidential primary, Schwarzman

, making him at least the second Republican megadonor and one-time Trump ally to defect from the former president as he launches his 2024 campaign amid a weakened standing within the GOP.... [+] with business leaders in the State Dining Room of the White House in Washington, Friday, Feb. 3, 2017. Schwarzman, who also serves as chairman and founder of the private-equity firm, said he plans to support a 2024 Republican presidential candidate who is part of a “new generation of leaders,” he said in a statement to Axios.

Schwarzman, who advised Trump on issues including trade during his time in the White House, did not give to Trump’s 2016 presidential campaign, but donated at least $3 million to the Trump-aligned super PAC America First Action Inc. during the 2020 campaign cycle, among more than $27 million he spent supporting Republican-linked PACs that year,

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