Trump Names Icahn Regulatory Overhaul Adviser
President-elect Donald Trump named investor Carl Icahn special adviser on regulatory reform. “He is not only a brilliant negotiator, but also someone who is innately able to predict the future especially having to do with finances and economies,” Trump said…
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in a statement Wednesday. “His help on the strangling regulations that our country is faced with will be invaluable.” Trump prioritized regulatory overhaul throughout his campaign, a focus that many believe could affect the FCC and other agencies’ operations. “Under President [Barack] Obama, America’s business owners have been crippled by over $1 trillion in new regulations and over 750 billion hours dealing with paperwork,” said Icahn, who was a majority stakeholder in XO Communications.