Watchdog Group Asking for Investigation into Icahn

Government watchdog group Public Citizen has asked Congress to investigate whether investor Carl Icahn (Eye’-kahn) should have been subject to lobbying disclosure laws when he advised the president on the U.S. biofuels program. Icahn is an unpaid adviser to President Donald Trump and submitted a proposal to change the point of blending under the Renewable Fuel Standard away from refiners and further down the supply chain. Because Icahn owns a controlling stake in a refinery that stands to benefit from the proposal, he may be required to disclose his discussion on the subject as lobbying under a 1995 lobbying disclosure law, according to Reuters. The group made the investigation request in a letter sent to Congress Wednesday morning. The White House has said it is reviewing Icahn's proposal and has not yet taken a position.