Trump name of Carl Icahn’s special adviser on regulatory overhaul

President-elect Donald Trump investor Carl Icahn, a special adviser on regulatory reform, Trump has announced the transition team Wednesday.

The statement said that Icahn would Trump rates in his “individual capacity”, and would not serve as an employee of the government.

“Carl was with me from the beginning and his being one of the world’s great business people, that was something I really appreciated” Trump said in the statement. “He is not only a brilliant negotiator, but also someone who, by nature, able to predict the future, especially with finances and the economy. His help on the strangulation of regulations, which is faced by our country, will be of inestimable value.”

The Wall Street Journal reported that Icahn, 80, played a crucial role in the Trump put together his administration. According to the paper, Icahn and potential candidates helped the vet to the top of the Environmental Protection Agency, and job that went to Oklahoma Attorney General Scott Pruitt.

The magazine also reports Icahn is playing “a Central role” in the election of the next Chairman of the Securities and Exchange Commission and advise Trump on the nomination of Steve Mnuchin, and Wilbur Ross, the Treasury and Commerce secretaries, respectively.

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