President-elect Donald Trump announced Wednesday that billionaire investor Carl Icahn has agreed to serve as a special advisor on regulatory reform.
Mr. Icahn, who has been an advisor to Mr. Trump during the campaign, shares the president-elects opposition to federal regulations that they say kill jobs and stifle economic growth. He helped craft Mr. Trump economic agenda and can be expected to contribute to plans to aggressively roll back federal regulations promulgated under Mr. Obama.
“Carl was with me from the beginning and with his being one of the world’s great businessmen, that was something I truly appreciated,” Mr. Trump said in a statement. “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. His help on the strangling regulations that our country is faced with will be invaluable.”
Mr. Icahn said he was proud to serve Mr. Trump to advance regulatory reform.
“Under President Obama, America’s business owners have been crippled by over $1 trillion in new regulations and over 750 billion hours dealing with paperwork,” he said.
“It’s time to break free of excessive regulation and let our entrepreneurs do what they do best: create jobs and support communities. President-elect Trump is serious about helping American families, and regulatory reform will be a critical component of making America work again.”
• S.A. Miller can be reached at smiller@washingtontimes.com.
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