Carl Icahn recently took pains to say that he has had no contact with EPA Administrator Scott Pruitt “in months.”
Icahn dumped stocks from a crane-building company that lost 6% of its value when Trump unveiled steep tariffs on imported steel.
Senators want answers about Icahn’s roles as an adviser on biofuels regulation and a majority owner of a company directly affected by those rules.
Carl Icahn bought over 29 million shares Hertz three years ago, which are worth $375 million, down from $1.3 billion in late 2014.
Eight Democratic Senators on Tuesday asked U.S. regulators to launch an investigation into billionaire Carl Icahn’s activities in the U.S. biofuels blending credit market, saying the activist investor may have violated securities trading laws since becoming an adviser to President Donald Trump.
Billionaire investor Carl Icahn’s oil refining company, CVR Energy, made a massive bet in 2016 that prices for U.S. government biofuels credits would fall - just before Icahn started advising President Trump on regulations driving that market.
— Carl Icahn’s role as adviser to President Donald Trump on energy regulation raises questions about possible conflicts of interest due to his investment in an oil refiner, seven Democratic senators said. On Monday, the senators sent a letter to Icahn, the Office of Government Ethics and the Department of Justice in which they expressed their…
A government watchdog group, Public Citizen, said on Wednesday it will ask lawmakers to investigate whether billionaire investor Carl Icahn should have been subject to lobbying disclosure laws when he advised President Donald Trump to overhaul the U.S. biofuels program.
The billionaire will now be in a position to influence regulation that could affect the large stakes he owns in a number of major American corporations.
Billionaire activist investor Carl Icahn tweeted on Tuesday that Steve Mnuchin and Wilbur Ross, who are being considered as President-elect Donald Trump’s treasury secretary and commerce secretary, “would be great choices” and “two of the smartest people I know.”