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Trump adds Icahn as a regulatory hatchet man

Joe Mont | December 22, 2016

President-elect Donald Trump has announced that Carl Icahn, best known to many in the business world as an investor activist and corporate raider, has agreed to serve as a special advisor on issues relating to regulatory reform.

“Over the course of six decades, Mr. Icahn has distinguished himself as one of America’s most successful businessmen and investors,” a statement on Trump’s transition team website says. “Mr. Icahn was one of President-elect Trump’s earliest supporters, and his intimate knowledge of what businesses need to grow and thrive makes him a trusted voice in developing President-elect Trump’s America First economic agenda. Icahn will be a leader in helping American entrepreneurs shed job-killing regulations that stifle economic growth.”

Trump has singled out rulemaking mandated by the Dodd-Frank Act as prominent targets for regulatory rollbacks once he is in office.

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