Chuck Schumer’s Son-in-Law Lands Lucrative Gig at Private Equity Giant Blackstone – IOTW Report

Chuck Schumer’s Son-in-Law Lands Lucrative Gig at Private Equity Giant Blackstone

NYP

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.” more


8 Comments on Chuck Schumer’s Son-in-Law Lands Lucrative Gig at Private Equity Giant Blackstone

  1. Shouldn’t nepotism be considered a conflict of interest? Or all these elitist assholes exempt from the standard rule of law because they’re supposedly better and smarter than the rest of us peons and deplorables. I have a college education (edjamacation) too but chose wisely to work for a living rather than living off of the govt. tit because I despise political correctness.

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  2. After watching what the Clintons, Obamas, Bidens, and Pelois have gotten away with, why the hell not? He knows the MSM will give the same level of censorship, denial, and justification. He knows the Justice Department is too busy prosecuting innocent to minor crime committing Republicans, and the IRS could care less.

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