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A refinery owned by billionaire Carl Icahn — a close confidant of Donald Trump — received a government waiver to avoid spending millions to comply with government regulations, Reuters reported. Icahn was a special adviser to the president before stepping down last year amid questions over ethics breaches related to his activity in the White…
Trump confidant and billionaire corporate raider Carl Icahn got a lucky break on a conspicuous trading decision last week, ThinkProgress reported. SEC filings from February 22 show that Icahn dumped a million shares of an American company that relies heavily on use of steel imports — roughly a week before Donald Trump announced a planned…
WASHINGTON (Reuters) – Investor Carl Icahn never wielded excessive influence on U.S. biofuels policy while acting as President Trump’s adviser on regulation, the head of the Environmental Protection Agency said in a letter to a Democratic Sen. Sheldon Whitehouse. The letter, dated September 11, was a response to repeated requests by Whitehouse and other Democratic…
Investor and businessman Carl Icahn’s Hertz stock has dropped by $179 million since November, according to Bloomberg. Icahn bought over 29 million shares in the car rental company three years ago. They are now worth $375 million, down from $1.3 billion in late 2014. Despite the losses, Icahn is expected to buy more even more…
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. The letter was signed by Democratic Senators Elizabeth Warren of Massachusetts, Sheldon Whitehouse…
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. The size and specifics of the gamble – involving $186 million worth of biofuels credits the company said…
(JTA) — 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. Icahn, an unpaid adviser to Trump on regulation, submitted a proposal to Trump last month…
