Ever since Trump announced his presidential bid in 2015, the billionaire businessman has touted his close friendship with fellow businessman and investor Carl Ichan.
Well, Ichan just gave Trump some horrible news when he turned down an invitation to join the Republican presidential candidate’s economic advisory council citing his desire to create and fund his own super PAC that focuses on regulatory reform.
From Business Insider:
“Mr. Icahn declined the opportunity to join the Trump economic advisory council because at this time, we’re still considering whether to fund and manage our own super PAC focused on regulatory reform,” Jesse Lynn, general counsel to Icahn, told Reuters. “[Federal Election Commission] rules would limit that activity if Mr. Icahn were to become directly involved in the campaign by joining the council.”
Trump announced his economic advisory team on Friday, and said he would release his plan to boost the US economy in a speech on Monday.
Trump has floated Icahn’s name for US Treasury secretary if he were elected president. Icahn, 80, has repeatedly rejected the notion of accepting such an offer. Last year, Icahn said: “I am flattered but do not get up early enough in the morning to accept this opportunity.”
Last October, Icahn said he was forming a super PAC with an initial commitment of $150 million, representing the biggest one-time injection of money in the history of such political action committees.
Do you think Ichan made the right decision in refusing to join Trump’s economic team or was it a mistake? Do you agree with the other members of the team? Share your thoughts with us below!
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