Blackstone CEO Stephen Schwarzman says he will not again Trump in 2024 | CNN Politics



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Stephen Schwarzman, the CEO of the non-public fairness agency Blackstone and a once-close ally of Donald Trump, mentioned Wednesday that he won’t assist the previous president’s 2024 bid.

“America does higher when its leaders are rooted in at present and tomorrow, not at present and yesterday,” Schwarzman mentioned in an announcement despatched to CNN. “It’s time for the Republican get together to show to a brand new era of leaders and I intend to assist one in every of them within the presidential primaries.”

Axios first reported Schwarzman’s resolution.

It’s vital that one of many greatest donors in Republican politics is transferring on from Trump – as the previous president seeks to rally assist for a 3rd White Home bid. Schwarzman’s assertion comes a day after Trump introduced his 2024 marketing campaign at his Mar-a-Lago residence in Palm Seaside, Florida.

Within the midterms alone, Schwarzman donated greater than $35 million to Republican candidates and teams energetic in federal elections, in line with OpenSecrets, a nonprofit group that tracks political cash.

One other Republican megadonor, Citadel’s Ken Griffin, not too long ago indicated he would again Ron DeSantis in 2024, ought to the Florida governor search the GOP nomination.

Griffin is among the many midterm’s prime three donors, contributing greater than $68.5 million, in line with OpenSecrets’ tally.