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Senators press Trump for details on Icahn's special adviser role
Source: Reuters
POLITICS | Thu Mar 16, 2017 | 6:09pm EDT
Senators press Trump for details on Icahn's special adviser role
By Chris Prentice
Six U.S. Senate Democrats on Thursday stepped up efforts to get more clarity from the White House and chief of the Environmental Protection Agency on Carl Icahn's role as special adviser on regulations to President Donald Trump.
The lawmakers, including Sheldon Whitehouse of Rhode Island and Elizabeth Warren of Massachusetts, in letters to the White House counsel and to EPA Administrator Scott Pruitt, raised concerns about the billionaire investor's conflicts of interests. They highlighted his involvement with a potential overhaul of the U.S. biofuels program.
Icahn has weighed in on the issue, which could cut millions of dollars in costs for refiners like CVR Energy Inc, in which he owns an 82 percent stake.
"We are concerned that his substantial and widespread private-sector investments present perverse incentives for Mr. Icahn in his role as a special adviser to the President," the letter to White House Counsel Donald F. McGahn II said.
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Senators press Trump for details on Icahn's special adviser role
By Chris Prentice
Six U.S. Senate Democrats on Thursday stepped up efforts to get more clarity from the White House and chief of the Environmental Protection Agency on Carl Icahn's role as special adviser on regulations to President Donald Trump.
The lawmakers, including Sheldon Whitehouse of Rhode Island and Elizabeth Warren of Massachusetts, in letters to the White House counsel and to EPA Administrator Scott Pruitt, raised concerns about the billionaire investor's conflicts of interests. They highlighted his involvement with a potential overhaul of the U.S. biofuels program.
Icahn has weighed in on the issue, which could cut millions of dollars in costs for refiners like CVR Energy Inc, in which he owns an 82 percent stake.
"We are concerned that his substantial and widespread private-sector investments present perverse incentives for Mr. Icahn in his role as a special adviser to the President," the letter to White House Counsel Donald F. McGahn II said.
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Read more: http://www.reuters.com/article/us-usa-trump-icahn-idUSKBN16N30T