Carlyle Group and Declaration Partners founder David Rubenstein went on Bloomberg TV (where he also hosts a show). Rubenstein made a plea on behalf of markets, asking for clarification of the rules on taxes and tariffs. A flurry of deal activity swirled around the interview.
Carlyle stopped a deal with Energean for Mediterranean oil/gas and is shopping its Colombian oil company. There was no mention of Tony Heyward of BP Gulf Oil Spew fame. Heyward was tapped to head the Energean assets.
Carlyle will exit chip maker Ampere and Declaration Partners' Stubhub filed for an IPO.
While Trump supplanted Rubenstein as Chairman of the Kennedy Center board, Stubhub still sells tickets to Kennedy Center events. I'm sure the Trump family will usurp this concession as well.
Update 3-22-25: Wife of Senator Mitch McConnell and former Transportation Secretary Elaine Chao said:
“This is going to be a volatile period. What you all want is certainty and you’re not going to get it.”
