Author Topic: Chuck Schumer’s son-in-law lands lucrative gig at private equity giant Blackstone  (Read 401 times)

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 Chuck Schumer’s son-in-law lands lucrative gig at private equity giant Blackstone
By Ariel Zilber   
August 3, 2022 7:16pm

Senate Majority Leader Chuck Schumer’s son-in-law has been hired by top private equity firm Blackstone — the latest family member to land a lucrative gig with an industrial giant that is subject to government regulation.

Michael Shapiro, the Princeton- and Yale-educated lawyer who most recently worked for the Biden administration as deputy assistant secretary for economic policy at the Department of Transportation, has been hired as director for government affairs by the Wall Street firm.

Blackstone, which is run by billionaire businessman Stephen Schwarzman, has $880 billion in assets under its management.

Shapiro’s portfolio at Blackstone deals with infrastructure investments and projects.

“Mr. Shapiro is a highly talented individual with deep experience in both private equity infrastructure investing and public policy, and we are pleased to have him join our team,” Blackstone spokesperson Matt Anderson. “He will not be involved in any advocacy before the Majority Leader or his office related to Blackstone business.”

Schumer’s office did not comment on his son-in-law’s new gig when reached by The Post.

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https://nypost.com/2022/08/03/chuck-schumers-son-in-law-is-lobbyist-for-private-equity-giant-blackstone-report/
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Chuck Schumer’s son-in-law lands lucrative gig at private equity giant Blackstone

One more item on a long list of reasons to stay FAR away from anything Blackstone has anything to do with.
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