"WASHINGTON - Investor Carl Icahn never wielded excessive influence on U.S. biofuels policy while acting as President Donald Trump’s adviser on regulation, the head of the Environmental Protection Agency said in a letter to a Democratic Senator Sheldon Whitehouse.
The letter, dated September 11, was a response to repeated requests by Whitehouse and other Democratic lawmakers for information on Icahn’s dual role as an adviser on biofuels regulation and a majority stakeholder in a refining company, CVR Energy, directly affected by those rules.
Icahn ended his adviser role in August after facing criticism his guidance to Trump represented a conflict of interests as it may have benefited CVR. Icahn has denied the allegations."
Valerie Volcovici reports for Reuters September 12, 2017.
SEE ALSO:
"Trump’s Favorite Tycoon" (New Yorker/EJ Today)
"Icahn Pressed EPA Candidates on Ethanol Rule He Wants Scrapped" (Bloomberg)
"EPA Chief Denies Icahn Influence In Biofuel Regulation"
Source: Reuters, 09/13/2017