Carl Icahn Quits as a Special Adviser to President Trump
“Following his apparent failure to win a regulatory change on ethanol rules
that would benefit his personal empire, Carl Icahn is taking his ball and going home,” Robert Weissman, the president of the nonprofit advocacy group Public Citizen, said Friday.
The advisory role with Mr. Trump had raised concern
because Mr. Icahn had taken a strong view on regulatory issues that could have benefited some of his investments.
In a front-page article in March, detailed how Mr. Icahn had pressed for a change in a requirement
that refiners be held responsible for ensuring that corn-based ethanol is mixed into gasoline.
Mr. Icahn announced his resignation a few hours before The New Yorker published an online article about the conflicts created by his advisory role.
Earlier this year, several Democratic senators demanded that Mr. Icahn step away from his advisory role because of the potential conflict of interest