POLITICS

Major Trump Donor Plans Private Fundraiser With Romney

Oct 22, 2019, 12:14 PM | Updated: Jun 7, 2022, 4:02 pm
Stephen Schwarzman, an informal adviser and donor to President Donald Trump, is hosting a fundraise...
Stephen Schwarzman, an informal adviser and donor to President Donald Trump, is hosting a fundraiser with Sen. Mitt Romney.

(CNN) — Stephen Schwarzman, an informal adviser and donor to President Donald Trump, is hosting a fundraiser with Sen. Mitt Romney in support of several Republicans colleagues seeking reelection, according to two people with knowledge of the event.

The event, which is intended for a small group of influential donors at Schwarzman’s Park Avenue apartment, is scheduled for Thursday, said one of the people.

A spokeswoman for Romney confirmed the event.

Helping Romney bolster his standing in the party as he attempts to cement his position as a self-described “renegade Republican” during an impeachment inquiry is notable because of Schwarzman’s support for Trump. Since the 2016 election, Schwarzman has donated a total of about $850,000 to Trump’s inauguration and political action committees, based on records compiled by CNN and the Center for Responsive Politics.

The event provides donors a chance to gauge how far Romney may go in possibly building support for a GOP coalition against Trump. Romney recently ratcheted up his attacks on Trump following a series of decisions by the President. Like other members of his party, Romney blasted Trump for abandoning the Kurds in Northern Syria. He was also one of the loudest voices rebuking the President for urging Ukraine and China to investigate Vice President Joe Biden’s family.

Romney also took a shot at Trump’s character in an interview with The Atlantic where he criticized Trump for “berating another person, or calling them names, or demeaning a class of people, not telling the truth.”

Asked in an interview with Axios on Sunday whether he could convince other Republicans to support impeachment, Romney dismissed the notion, responding to the interviewer, “Are you smoking something that I don’t see?”

“That’s simply not true. As I point out, the idea that any one senator, even me — even Mitch McConnell — is not going to convince other senators to reach a different conclusion than they would reach on their own,” said Romney in the interview.

The proceeds from this week’s fundraiser will flow to a partnership between Romney’s leadership political action committee, Believe in America PAC, the National Republican Senatorial Committee and three US Senate campaigns: the reelection bids of Sens. Cory Gardner of Colorado and Susan Collins of Maine, as well as the campaign for John James, a GOP candidate running for a US Senate seat in Michigan, said a person familiar with Romney’s plans

Romney, who formerly led firm Bain Capital, and Schwarzman both made fortunes in private equity and have a long history. In 2011, Schwarzman endorsed Romney for president, citing his firm’s first investment in 1985 when Romney helped Blackstone earn “16 times profit” on a joint deal with Bain.

“In finance that’s a way to make friends,” Schwarzman told Bloomberg in 2011.

Schwarzman has also contributed to Romney’s various political campaigns over the years. Since 1993, Schwarzman, along with his wife Christine, have contributed around $94,200 to Romney’s federal campaigns or Romney linked groups, according to Center for Responsive Politics. Most recently, the couple each donated the maximum to Romney’s Senate bid in 2018.

Schwarzman has friends in the administration too.

He’s close to Treasury Secretary Stephen Mnuchin, Commerce Secretary Wilbur Ross and also speaks with Trump’s son-in-law Jared Kushner.

Schwarzman reportedly visited the White House this summer at Kushner’s request, who convened a dinner to discuss his father-in-law’s campaign fundraising strategy.

KSL 5 TV Live

Top Stories

Politics

(KSL TV)...
Eliza Pace

Utah House votes to ban transgender surgeries for minors

A transgender healthcare bill banning transgender surgeries and puberty blockers for minors passed in the House Thursday afternoon.
22 hours ago
Utah Capitol in Salt Lake City is pictured on Sunday, Sept. 11, 2022. (Scott G Winterton, Deseret N...
Madison Swenson

Utah Senate votes to pass school voucher bill

The Utah Senate has voted and passed HB215, which would give teachers a pay raise and give money to students in home study or private schools.
22 hours ago
Teachers at West High in Salt Lake City walked out during their lunch breaks to protest a bill that...
Michael Locklear

SLC high school teachers walkout to protest school voucher bill

Teachers at two Salt Lake City high schools walked out during their lunch breaks to protest a bill that combines pay raises with school vouchers.
2 days ago
(L-R) Zach Frankel, Sen. Nate Blouin, Rep. Joel Briscoe on Jan. 25, 2023. (KSL TV)...
Jed Boal

Lawmakers unveil a pair of bills aimed at restoring the Great Salt Lake

Two Utah lawmakers unveiled a pair of bills aimed at protecting and restoring an optimal water level in the Great Salt Lake. One bill would establish a restoration level for the lake, and the other would raise money to continue the work. 
2 days ago
FILE: halloween...
Eliza Pace

Bill to change Halloween to last Friday in Oct. heads to Senate

When should Halloween be celebrated? One bill seeks to change the date for festivities.
2 days ago
...
Carter Williams

‘No stopping us’: Salt Lake mayor outlines bright future, unveils $100M Ballpark fund

Salt Lake City Mayor Erin Mendenhall argues in her State of the City address Tuesday that the city's decisions over the next five years may impact the city a century from now.
3 days ago

Sponsored Articles

Fiber Optical cables connected to an optic ports and Network cables connected to ethernet ports...
Brian Huston, CE and Anthony Perkins, BICSI

Why Every Business Needs a Structured Cabling System

A structured cabling system benefits businesses by giving you faster processing speeds and making your network more efficient and reliable.
notebook with password notes highlighted...
PC Laptops

How to Create Strong Passwords You Can Actually Remember

Learn how you can create strong passwords that are actually easy to remember! In a short time you can create new ones in seconds.
house with for rent sign posted...
Chase Harrington, president and COO of Entrata

Top 5 Reasons You May Want to Consider Apartment Life Over Owning a Home

There are many benefits of renting that can be overshadowed by the allure of buying a home. Here are five reasons why renting might be right for you.
Festive kitchen in Christmas decorations. Christmas dining room....
Lighting Design

6 Holiday Decor Trends to Try in 2022

We've rounded out the top 6 holiday decor trends for 2022 so you can be ahead of the game before you start shopping. 
Happy diverse college or university students are having fun on their graduation day...
BYU MBA at the Marriott School of Business

How to Choose What MBA Program is Right for You: Take this Quiz Before You Apply!

Wondering what MBA program is right for you? Take this quiz before you apply to see if it will help you meet your goals.
Diverse Group of Energetic Professionals Team Meeting in Modern Office: Brainstorming IT Programmer...
Les Olson

Don’t Let a Ransomware Attack Get You Down | Protect Your Workplace Today with Cyber Insurance

Business owners and operators should be on guard to protect their workplace. Cyber insurance can protect you from online attacks.
Major Trump Donor Plans Private Fundraiser With Romney