Comment on Trump’s reliance on billionaire adviser blurs ethics lines

Trump’s reliance on billionaire adviser blurs ethics lines

Billionaire investor Steve Schwarzman’s newfound status as a trusted outside adviser for President Donald Trump has created blurred lines in which the Blackstone CEO is offering guidance on policies that could boost the fortunes of his company and his personal wealth.The starkest example was Trump’s reversal last week on labeling China a currency manipulator — a central campaign pledge that could have dealt a major blow to U.S.-China relations.

 

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