Blackstone CEO Steve Schwarzman announced that he will raise funds for Trump's campaign to help the Republican nominee establish a donor base and ultimately win the election. It is reported that the billionaire private equity executive and heavyweight political donor has long been a major source of funding for the Republican Party, but he has remained silent for months on whether he will support Trump.

Steve Schwarzman said that he, like most Americans, is concerned that America's economic, immigration, and foreign policies are leading the country in the wrong direction. For these reasons, he plans to vote for change and support Donald Trump as president.