Summary List Placement"People are allowed to support presidents," Stephen Schwarzman, the billionaire chief executive and cofounder of Blackstone, told Insider in December. "When I was younger, everybody supported presidents." The interview took place on Dec. 8, and was focused on a colleague. Conversation had turned to Schwarzman's support of President Donald Trump, who at that time had lost the presidential election to Joe Biden and was promoting baseless claims about widespread voter fraud.