U.S. Aims to Curb Investment in China Amid Security Concerns
The Biden administration is preparing new rules that would restrict U.S. dollars from flowing to China.
The Biden administration is preparing new rules that would restrict U.S. dollars from flowing to China.
Deep-pocketed conservatives, including Stephen A. Schwarzman and Kenneth C. Griffin, said they plan to back alternatives to the former president.
Thomas Barrack, a Los Angeles private equity executive, is accused of working secretly for the United Arab Emirates.
Former President Donald J. Trump’s son-in-law is trying to raise capital for his investment firm and is turning to a region that he dealt with extensively while in the White House.
But the Biden administration sent only a deputy commerce secretary to the high-profile gathering, amid shifts in global politics and diplomatic strains.
The I.R.S. almost never audits private equity firms, even as whistle-blowers have filed claims alleging illegal tax avoidance.
More than 160 participants in a master’s program funded by the Blackstone founder Stephen Schwarzman have urged him to stop donating to election objectors. He has declined.
The Blackstone chief executive stuck with President Trump despite the occasional slight, and stopped short of criticizing him even after the Capitol attack.
