Icahn drops out of presidential advisory role

(CNBC) Carl Icahn announced Friday that he is stepping down from his presidential advisory role.

In a letter to President Donald Trump posted to Icahn’s website, the billionaire investor said the decision came after a Friday conversation between the two men. Icahn wrote that he made the decision with the president’s blessing.

Icahn also took the opportunity to again insist that he “never had a formal position with your administration nor a policymaking role.” He reiterated that his advisory position did not give him access to nonpublic information.



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