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Private Equity Stephen Schwarzman

  • President Donald Trump (L) greets former General Electric CEO Jack Welch at the beginning of a policy forum in the State Dining Room at the White House February 3, 2017 in Washington, DC.

    After Trump's business council disbanded, these CEO's aren't abandoning him, in favor of patriotism and pragmatism, N.Y. Times reports.

  • Steve Schwarzman, co-founder, chairman and chief executive officer of Blackstone Group LP.

    Blackstone's Schwarzman thought he had an agreement with the White House to announce the disbanding as a joint decision.

  • WASHINGTON— With corporate chieftains fleeing, President Donald Trump abruptly abolished two of his White House business councils, an attempt to manage his increasing isolation and the continued fallout from his combative comments on racially charged violence in Charlottesville, Virginia. The White House is trying to deal with the repercussions from...

  • The frustrated members of the White House policy forum— which included executives from General Electric, Wal-Mart, General Motors, Boeing, IBM and JPMorgan Chase— chose to dissolve their advisory panel. The White House was then phoned and Trump agreed that it was the right course of action, according to four people familiar with the talks who insisted on...

  • WASHINGTON/ NEW YORK, Aug 16- President Donald Trump disbanded two high-profile business advisory councils on Wednesday after several chief executives quit in protest over his remarks blaming weekend violence in Virginia on anti-racism activists as well as white nationalists. A parade of prominent Republicans also rebuked Trump, as well as U.S. ally...

  • WASHINGTON/ NEW YORK, Aug 16- President Donald Trump disbanded two high-profile business advisory councils on Wednesday after several chief executives quit in protest over his remarks blaming weekend violence in Virginia not only on white nationalists but also on anti-racism activists who opposed them. A parade of prominent Republicans and U.S. ally...

  • Trump disbanded two high-profile advisory groups on Wednesday, after the head of his Strategic and Policy Forum advised the White House the group was breaking up, and a trickle of departures from his American Manufacturing Council threatened to become a mass exodus. "He was at 95 percent already," a source close to Larry Fink, head of investment firm BlackRock Inc,...

  • A parade of prominent Republicans and U.S. ally Britain also rebuked Trump after his comments on Tuesday about the bloodshed in the college town of Charlottesville further enveloped his seven-month-old presidency in controversy, paralyzed his policy aims and left him increasingly isolated. Trump announced the dissolution of the American Manufacturing...

  • President Donald Trump announced the disbanding of two high-profile business advisory councils on Wednesday after corporate CEOs quit in protest over his remarks blaming violence in the Virginia city of Charlottesville not only on white nationalists but also on the protesters who opposed them. Trump announced the dissolution of the American...

  • President Donald Trump announced the disbanding of two high-profile business advisory councils on Wednesday after corporate CEOs quit in protest over his remarks blaming violence in the Virginia city of Charlottesville not only on white nationalists but also on the protesters who opposed them. Trump announced the dissolution of the American...

  • The frustrated members of the White House policy forum— which included executives from General Electric, Wal-Mart, General Motors, Boeing, IBM and JPMorgan Chase— chose to dissolve their advisory panel. The White House was then phoned and Trump agreed that it was the right course of action, according to four people familiar with the talks who insisted on...

  • NEW YORK— With corporate chieftains fleeing, President Donald Trump abruptly dismantled two of his White House business councils Wednesday— an attempt to manage his increasing isolation and the continued fallout from his combative comments on racially charged violence in Charlottesville, Virginia. The decision came as the White House tried to manage the...

  • *No new major steps to reduce U.S. trade deficit with China. *China, U.S. say still share lower trade deficit goal. WASHINGTON, July 20- The United States and China failed on Wednesday to agree on major new steps to reduce the U.S. trade deficit with China, casting doubt over President Donald Trump's economic and security relations with Beijing.

  • *No new major steps to reduce U.S. trade deficit with China. *China, U.S. say still share lower trade deficit goal. WASHINGTON, July 19- The United States and China failed on Wednesday to agree on major new steps to reduce the U.S. trade deficit with China, casting doubt over President Donald Trump's economic and security relations with Beijing.

  • Treasury Secretary Steve Mnuchin (R) and China's Vice Premier Wang Yang arrive at the U.S. - China Comprehensive Economic Dialogue to discuss bilateral economic and trade issues in Washington, U.S., July 19, 2017.

    U.S. and Chinese officials failed to agree on major steps needed from Beijing to help reduce the U.S. trade deficit, a Trump administration official said.

  • WASHINGTON, July 19- The United States and China failed on Wednesday to agree on major new steps to reduce the U.S. trade deficit with China, casting doubt over President Donald Trump's economic and security relations with Beijing. The annual economic dialogue session in Washington ended with canceled news conferences, no joint statement and no new...

  • WASHINGTON, July 19- Senior U.S. and Chinese officials concluded contentious economic talks on Wednesday but the outcome was clouded by the cancellation of closing news conferences and U.S. demands for a "more fair" trading relationship with Beijing. U.S. Treasury and Commerce Department officials declined immediate comment on the annual summer dialogue...

  • U.S. Treasury and Commerce Department officials declined immediate comment on the annual summer dialogue between Washington and Beijing, while the Chinese delegation's leader, Vice Premier Wang Yang, left the Treasury building without speaking to reporters. The potential steel tariffs, which could be announced in the coming weeks, were expected to be a...

  • WASHINGTON, July 19- U.S. and Chinese officials appeared locked in contentious economic talks on Wednesday with the outcome clouded by the cancellation of closing news conferences and U.S. demands for a "more fair" trading relationship with Beijing. Commerce Secretary Wilbur Ross in opening remarks to the annual summer dialogue between Washington and...

  • Steve Schwarzman, CEO of Blackstone Group.

    Most people don't think we're "batting 100 out of 100," Steve Schwarzman says.