Hours after billionaire investor Carl Icahn said he would no longer be advising President Trump, The New Yorker dropped a lengthy investigation on his efforts to direct policy to benefit a company he is invested in.
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Billionaire Carl Icahn is reportedly in 'legal jeopardy' for trying to influence Trump policy
Hours after breaking from Trump, The New Yorker dropped a lengthy investigation on Icahn's efforts to direct policy to benefit a company he's invested in.
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The short version of the story, by Patrick Radden Keefe, is that Icahn could be in "legal jeopardy."
“He’s walking right into possible criminal charges,” Richard Painter, a Bush administration ethics lawyer, told Keefe.
Painter cited a federal statute that "
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If you have time, go read the full story, which is excellent. If you're short on time, here are the key takeaways:
- lobbied vocally against the policy that forces refiners like CVR to buy RINs
- special adviser to Trump, then the president-elect, with a focus on regulation. "His help on the strangling regulations that our country is faced with will be invaluable," Trump said at the time.
- “Icahn had a title I couldn’t ignore.”
- special adviser to the president
Read the full story at The New Yorker
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