Icahn tapped as Trump's special adviser on regulatory issues

By Emily Stephenson and Svea Herbst-Bayliss (Reuters) - Billionaire Carl Icahn will advise Donald Trump on rescinding what the activist investor called "excessive regulation" on U.S. businesses, the president-elect's transition team announced on Wednesday. Icahn will serve as a special adviser, not a federal employee, and he will not have specific duties, Trump's team said in a statement. The pick could draw scrutiny because Icahn, whose major investments include insurer American International G