• Latest
  • Trending
Trump adds billionaire Carl Icahn to team as special adviser on regulation.

Trump adds billionaire Carl Icahn to team as special adviser on regulation.

December 22, 2016
President John Magufuli died from coronavirus, says Tanzania opposition leader

President John Magufuli died from coronavirus, says Tanzania opposition leader

March 18, 2021
Four dead, 16 injured in Eastern Cape crash

Police officers arrested for the killing of Mthokozisi Ntumba to appear in court

March 17, 2021
Armed men attack passenger convoy and village in Niger, killing 58

Armed men attack passenger convoy and village in Niger, killing 58

March 17, 2021
Ramaphosa vist EFF’s Seshego stronghold, says corrupt people will be jailed

CR17 bank statements never entered into court records: Lawyer

March 17, 2021
City of CT ‘managing’ load shedding as power cuts hit SA again

Eskom says possible heavy load shedding this winter if capacity is not met

March 16, 2021
EFF Student Command at UP calls for postponement of 2021 academic year

EFF Student Command at UP calls for postponement of 2021 academic year

March 16, 2021
Pick n Pay agrees to cap ginger and garlic pricing

Pick n Pay agrees to cap ginger and garlic pricing

March 15, 2021
TUT students won’t be joining nationwide fees protest, for now

TUT students won’t be joining nationwide fees protest, for now

March 15, 2021
Survivors of Equatorial Guinea blasts recall trauma

Survivors of Equatorial Guinea blasts recall trauma

March 15, 2021
Hundreds of drunk drivers arrested in Gauteng

JMPD deploys officers in Joburg CBD ahead of student protests

March 15, 2021
Students can apply for payment plans to cover registration fee: UWC

Nationwide university shutdown

March 15, 2021
ANCWL in the North West backs embattled Mahumapelo

Mahumapelo calls for removal of Dodovu

March 15, 2021
  • Latest
    • Community
    • Africa
    • International
  • Sport
  • Business
    • Finance
    • Technology
    • Motoring
  • People
    • Opinions
    • Health
  • Politics
  • Media
    • Entertaiment
    • Social Media
    • Media
  • Public Statement
Friday, April 23, 2021
  • Login
TP
  • Latest
    • Community
    • Africa
    • International
  • Sport
  • Business
    • Finance
    • Technology
    • Motoring
  • People
    • Opinions
    • Health
  • Politics
  • Media
    • Entertaiment
    • Social Media
    • Media
  • Public Statement
No Result
View All Result
  • Latest
    • Community
    • Africa
    • International
  • Sport
  • Business
    • Finance
    • Technology
    • Motoring
  • People
    • Opinions
    • Health
  • Politics
  • Media
    • Entertaiment
    • Social Media
    • Media
  • Public Statement
No Result
View All Result
TownPress
No Result
View All Result
Home International

Trump adds billionaire Carl Icahn to team as special adviser on regulation.

December 22, 2016
in International
0
Trump adds billionaire Carl Icahn to team as special adviser on regulation.
160
SHARES
798
VIEWS
Share on FacebookShare on Twitter

Billionaire Carl Icahn will advise Donald Trump on rescinding what the activist investor called “excessive regulation” on U.S. businesses, the president-elect’s transition team announced on Wednesday.

Icahn will serve as a special adviser, not a federal employee, and he will not have specific duties, Trump’s team said in a statement. He will not take a salary, a transition aide said.

The pick could draw scrutiny because Icahn, whose major investments include insurer American International Group and oil refining business CVR Energy, could help shape rules meant to police Wall Street and protect the environment.

In the transition team statement released on Wednesday, Icahn said it was time to “break free of excessive regulation” and let businesses create jobs.

Icahn, an early supporter of Trump’s White House bid who has at times been outspoken about regulation, has already helped the transition team weigh candidates to lead the Securities and Exchange Commission. He has held meetings at his New York City office, not far from Trump Tower but away from reporters staked out there, people familiar with the talks said.

Current SEC Chair Mary Jo White will leave in January. Candidates to replace her have included former SEC Commissioner Paul Atkins and Debra Wong Yang, a former federal prosecutor, a source familiar with the matter said.

Over the years, Icahn’s businesses have had occasional regulatory run-ins, according to disclosures with the Financial Industry Regulatory Authority. He is a large investor in nutrition supplement maker Herbalife, which said at one time it was investigated by the SEC.

“Voters who wanted Trump to drain the swamp just got another face full of mud,” Democratic National Committee spokesman Eric Walker said in a statement, referring to Trump’s pledge to clean up Washington.

Icahn, who was once known as a corporate raider, said in a recent Reuters interview the 2010 Dodd-Frank banking law “went too far.” He is a critic of the U.S. biofuels program that requires oil companies to use renewable fuels such as ethanol.

“I do believe that, to some extent, we have gone overboard concerning the environment. But I leave that to the experts in that area,” Icahn told CNN in a recent interview.

Trump and Icahn share some history in the casino business. Icahn this year helped shutter the Trump Taj Mahal Casino Resorts in Atlantic City, two years after buying it out of bankruptcy. The casino was once a prized part of Trump’s empire.

Comments

Tags: Carl IcahnDonald Trump
Share64Tweet40Share11Share16Send
Previous Post

Sporadic gunfire in Congo capital after 26 killed in anti-Kabila protests

Next Post

Nokia sues Apple for infringing patents, industry back on war footing

Next Post
Nokia sues Apple for infringing patents, industry back on war footing

Nokia sues Apple for infringing patents, industry back on war footing

Please login to join discussion
No Result
View All Result
Currently Playing

SAElections2019 Indelible Ink & Election Fraud

SAElections2019 Indelible Ink & Election Fraud

00:01:40

Why would Mampintsha assault Babes Wodumo?

00:00:40

Alph Lukau “raising the dead” is a fraud

00:01:36

Moozlie Mabena involved in a live video crash

00:00:58

Welkom Hijack Man shot in parking lot

00:01:04

Female theft suspects tries to evade guards at Clear Water Mall

00:01:48

Franchise Driver on duty with sex worker

00:00:47

Courageous female driver attack hjackers on driveway

00:01:33

University of Zululand Student stabbed to death by roommate

00:00:41

Vehicle High Jacking on Cedar road, Midrand

00:01:57

Watch thief steal a Hilux in Bloemfontein

00:01:05

Watch Mosque Shoe snatchers in action

00:00:43

Watch these Unbelievable Shoplifters Caught with the Loot

00:03:13

Journalist attacked by EFF Floyd Shivambu and security details

00:00:43

Attempted cash in transit heist by DSTV office in Randburg

00:00:48

KFM Presenters and the Three Rs Blunder

00:00:59

SAPS Higspeed chase

00:01:08

Ruthless home invaders in westrand

00:01:30

Dj Khomza bashes girlfriend with a spanner

00:01:56

Daybreak Robbery in Auckland Park

00:01:15

Fake Police arrested in Johannesburg

00:01:00

#MduduziManana assault video at Cubana

00:00:29

Racial assault of couple at KFC montana

00:01:22

Smart Porsche driver escapes hijackers in Johannesburg

00:00:49

VW Polo Hijack at Kempton Park filling station

00:02:13

Women caught husband cheating and jumps on Carhood

00:02:02

Carlton Centre, Joburg Heist

00:01:06

Did Malema call Mandela a Sellout ?

00:02:01

Petrol Attendant beat up a man

00:01:01

Car Hijack gone wrong

00:02:15

Armed robbery in Alberton

00:00:52

Mother and son in Polokwane attacked by panga wielding robbers

00:02:04

Hyundai i10 Hijacking in Chatsworth

00:00:59

Check more Videos on Youtube

Connect

Connect
TownPress

Copyright © 2021 Townpress.

Navigate Site

  • Terms and conditions
  • About Us
  • Subscription
  • Contact
  • Account

Follow Us

No Result
View All Result
  • Latest
    • Community
    • Africa
    • International
  • Sport
  • Business
    • Finance
    • Technology
    • Motoring
  • People
    • Opinions
    • Health
  • Politics
  • Media
    • Entertaiment
    • Social Media
    • Media
  • Public Statement

Copyright © 2021 Townpress.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Go to mobile version
This site uses cookies to improve user experience: Find out more.