Carl Icahn

Did Carl Icahn use his role as a Trump advisor for insider trading? Democrats want investigation

Did Carl Icahn use his role as a Trump advisor for insider trading? Democrats want investigation

Eight U.S. senators have requested an investigation into whether Carl Icahn, a billionaire investor and advisor to President Trump, violated insider trading rules with bets made in the renewable fuel credit market.

In a Tuesday letter to three government agencies, the senators — all Democrats — note that then-President-elect Trump hired Icahn in December as an unpaid advisor on regulatory reform, despite Icahn’s position as the majority owner of CVR Energy Inc. The Sugar Land, Texas, oil refining company is involved in the renewable fuel credit market.

The senators...

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