U.S. EPA Chief Denies Icahn Influence in Biofuel Regulation
by Valerie Volcovici (Reuters) 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. READ MORE