BREAKING NEWS

Carl Icahn steps down from role of advisor to President Trump

Billionaire Wall Street investor Carl Icahn announced on Friday that he will no longer serve as advisor to US President Donald Trump on regulatory reform.

Icahn stepped down on the same day as Steve Bannon was fired from his position of White House chief strategist. However in his letter to president Trump Icahn made no reference to recent events in Charlottesville or to Bannon, Opting instead to emphasis his role was unofficial and that he never profited from it.

He stated his wish to quit as motivated by the desire to avoid "partisan bickering," especially about possible points of disagreement with Neomi Rao, who was appointed by Trump to serve as Administrator of the Office of Information and Regulatory Affairs.