Close

Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

×

Status message

Start your free, no obligation 10-day trial to continue exploring with full access.

Icahn bids adieu as Trump’s unofficial deregulation guru

Joe Mont | August 23, 2017

Billionaire investor and legendary corporate raider Carl Icahn has resigned from his role as a special advisor to President Donald Trump.

The move coincided with an article published in the New Yorker regarding conflicts of interest and Icahn’s efforts to parlay his unofficial White House post to personal gain. Critics, including those cited in the article, have cited Icahn’s stake in the Texas refiner CVR Energy as an example of how his influence at federal agencies, including the Environmental Protection Agency, could be a boon to his companies’ bottom lines.

Icahn announced his resignation in an Aug. 18 letter to President Donald Trump.

“This will confirm our conversation today in which we agreed that I would cease to act as special advisor to the President on issues relating to regulatory... To get the full story, subscribe now.