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Stock impact report

Before Elon Musk, Trump tapped another billionaire to cut costs. It didn't end well [USA TODAY]

Icahn Enterprises L.P. - Depositary Units representing Limited Partner Interests (IEP) 
US:NASDAQ Investor Relations: ielp.com/investor-relations
Company Research Source: USA TODAY
billionaire, Carl Icahn, whom he tapped in 2017 to streamline government regulation during his first year in office. It didn't end well. Icahn, a famed corporate raider with a Fifth Avenue office two blocks away from Trump Tower, lasted seven months as Trump's unpaid adviser on regulatory reform. The blunt businessman resigned amid a swirl of ethical questions over changes to a longstanding energy policy that he could have profited from. Icahn denied any wrongdoing. His company wrote in an SEC filing that federal prosecutors were investigating the matter in Nov. 2017, but no charges were ever leveled. Icahn denied wrongdoing. But critics, including Democratic lawmakers in Congress cried foul, saying he appeared to be personally profiting - and helping out cronies in the oil industry - at the expense of taxpayers. Sign-up for Your Vote: Text with the USA TODAY elections team. Now Musk, the world's richest man, has taken on the mantle of government reform and, with billionai Show less Read more
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