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Carl Icahn steps down as unofficial advisor to Donald Trump

He gave the White House guidance on its deregulation efforts

AP| PTI  |  Washington 

Carl Icahn
Carl Icahn

President is losing another informal adviser: billionaire investor Carl Icahn, who gave the guidance on its deregulation efforts.

Icahn says in a letter to Trump that he is stepping down to prevent "partisan bickering" about an unofficial role that suggested could benefit him financially.

Trump lost a pair of business advisory councils on Wednesday over his inability to condemn the role white supremacists played in last weekend in Charlottesville, Virginia.

Icahn says in the letter that he never had access to nonpublic information or profited from his position and that he believes there was no He says that he limited his input to broad matters of policy involving the refining industry. Icahn controls a sizable stake in refiner CVR Energy.

First Published: Sat, August 19 2017. 10:23 IST