ARTICLE | Politics & Policy

Icahn steps down as Trump advisor

August 18, 2017 10:23 PM UTC

Activist investor Carl Icahn is stepping down as a regulatory reform "special advisor" to President Trump.

In a statement to Trump on Friday, Icahn wrote that while he "never had a formal position," he decided to bow out because he "did not want partisan bickering about my role to in any way cloud [Trump's] administration." He wrote that "contrary to the insinuations of a handful of...Democratic critics," he never profited from his role or had access to nonpublic information, and that he and the president had only ever discussed "broad matters of policy affecting the refining industry."...