Trump’s Last Deep Pocket

“A few years ago, Stephen Schwarzman was just the latest deep pocket on Wall Street to open up to Donald Trump. Right now, he’s the biggest one left,” Bloomberg reports.

“Donations to Trump’s 2020 campaign from the most elite corners of American finance would be down drastically compared with 2016 — were it not for the notable exception of Schwarzman, who has become one of the president’s most ardent Wall Street backers.”

“Indeed, the private equity mogul single-handedly accounts for the vast bulk of the reported contributions toward Trump’s re-election effort over the past 18 months from people associated with the 31 banks and investment firms that dominate the U.S. financial industry.”