JUST IN: Former advisor to President Trump, Carl Icahn, has been subpoenaed by the U.S. Attorney's

[orangecrush]

16. Got it!

Federal investigators have issued subpoenas for information on Carl Icahn’s efforts to change biofuel policy while serving as an adviser to President Donald Trump, according to regulatory filings.

The U.S. Attorney’s office for the Southern District of New York is “seeking production of information” pertaining to Icahn’s activities regarding the Renewable Fuel Standard, according to a Form 10-Q that Icahn Enterprises LP filed on Friday with the U.S. Securities and Exchange Commission.

The investigators also want information on Icahn’s role as an adviser to the president, the document says.

“We are cooperating with the request and are providing information in response to the subpoena,” Icahn Enterprises said in the filing. “The U.S. Attorney’s office has not made any claims or allegations against us or Mr. Icahn.”

Representatives of White House and Icahn did not immediately respond to messages seeking comment. Wyn Hornbuckle, a spokesman for the Department of Justice, declined to comment.

CVR Energy shares sank as much as 2.9 percent to $30.50 Wednesday, the steepest intraday decline since Oct. 23.

When Trump named Icahn as an unpaid “special adviser” on Dec. 21, he tasked the billionaire with helping to shape his regulatory agenda. By August, Icahn had left the role, after drawing criticism from senators and watchdog groups for pushing a change to the renewable fuel program that would benefit CVR Energy Inc., an independent oil refiner in which he owns a majority share.

https://www.bloomberg.com/news/articles/2017-11-08/icahn-subpoenaed-by-u-s-over-biofuel-policy-while-trump-adviser