News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

News

US investigates activist investor Icahn over Trump role

Democrats and others had alleged there were conflicts of interest in the billionaire investor advising the US president

US investigates activist investor Icahn over Trump role

US prosecutors are investigating activist investor Carl Icahn's former role as an adviser to President Donald Trump and his attempts to change an environmental rule he opposed, David Benoit and Ted Mann write for The Wall Street Journal.

In December 2016, Icahn was tasked with advising Trump on overhauling federal regulations. Icahn did not have an official government role, he and the White House have said.

WSJ Logo