Trump names critics of China and regulation for economic posts
Washington — President-elect Donald Trump on Wednesday named billionaire Carl Icahn, a vocal critic of what he calls government overregulation, to serve as a special adviser to overhaul "strangling regulations". He also tapped Peter Navarro, an outspoken China critic, to head the White House National Trade Council, a new office that will oversee trade and industrial policy, in the latest sign he is moving ahead with plans to overhaul US economic policy. The 80-year-old Icahn, known as an aggressive, activist investor, will not serve as a government employee, will receive no salary and will not be bound by ethics rules requiring him to divest his investments. He said President Barack Obama had crippled America’s business owners with what he said was more than $1-trillion in new regulations and over 750-billion hours dealing with paperwork. "It’s time to break free of excessive regulation and let our entrepreneurs do what they do best: create jobs and support communities," he said. Ic...
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