President-elect Trump is serious about helping American families, and regulatory reform will be a critical component of making America work again.” Icahn, 80, has informally given the president-elect advice in recent months and helped Trump to pick Oklahoma Attorney General Scott Pruitt as head of the Environmental Protection Agency, according to Dow Jones, which first reported the news. The billionaire will also help to pick the next chairman of the Securities and Exchange Commission, the report said. Related: Health Policy Experts Fear Trump’s Health Secretary Pick Icahn has frequently criticized Obama administration rules and told CNBC that he supported Trump’s choice of Pruitt, who has battled the current president’s EPA and expressed doubts about how much humans affect climate change. Icahn previously said the EPA was one of the worst-run agencies he had ever seen. The activist investor is known for battling companies to make changes that he believes will boost their shares. Icahn’s holdings include CVR Energy , Cheniere Energy and insurance giant AIG , which cheers could all be affected by Trump’s regulatory agenda. Icahn previously had a major stake in Apple , among other notable companies. In a CNBC interview earlier this month, Icahn said the “most important thing” for Trump’s administration to do is “absolutely change these regulatory agencies” that have overreached, pointing to the EPA. Related: What Could a Trump Administration Mean for the Environment?
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