President Donald Trump is losing another informal adviser: billionaire investor Carl Icahn, who gave the White House guidance on its deregulation efforts, Friday, Aug. 18, 2017. On Dec. 22, the day after Icahn was formally declared a White House adviser, the price of the credits dropped. Early in the year, CVR actually was selling renewable fuel credits, the magazine wrote. Icahn’s attorney, Jesse Lynn, rejected allegations that Icahn exploited his relationship with Trump to make bets on the renewable fuel credits. “Any suggestion that we had access to information that others didn’t is unequivocally false,” he told the magazine.

Source: Washington Post August 19, 2017 19:02 UTC