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.
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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