11:48am: 6:53pm:

The reason I've been confident that Biden would be inaugurated on schedule is that big Republican money was only tolerating Trump/Giuliani's crazy schemes, not funding them.

Today, the richest private equity CEO told Trump it was time to authorize the transition and that was it.

It's not a mistake that Schwarzman delivered the "you lost" message to Trump. He's the biggest private equity CEO in NYC and he's been a major Trump donor since 2016.

He doesn't just speak for himself, he speaks for that whole world of Wall Street "killers" who backed Trump.

Real Wall Street billionaires like Schwarzman are probably the only people in America who Trump actually fears because he knows they have real power to destroy him.

The bottom line is once they sent the message that it's time to facilitate a transition, Trump followed the order.

Clearly, big Wall Street money believes that they'll make more profit if Biden is allowed to start his transition now than if Trump is allowed to keep obstructing it.

And make no mistake, they're the people with power to decide what politicians are "allowed" to do. Even Trump.

Update to this thread: WaPo reports on how Trump was forced to let the GSA recognize Biden's win & start the transition yesterday:

"Trump was described as angry about the situation, particularly over comments Blackstone Chairman Stephen Schwarzman made." https://washingtonpost.com/politics/michigan-vote-certification/2020/11/23/c435ed24-2d52-11eb-bae0-50bb17126614_story.html