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Watchdog to ask US lawmakers to probe billionaire Carl Icahn’s role with Trump

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A government watchdog group, Public Citizen, said on Wednesday it will ask lawmakers to investigate whether billionaire investor Carl Icahn should have been subject to lobbying disclosure laws when he advised President Donald Trump to overhaul the U.S. biofuels program.

Icahn, an unpaid adviser to Trump on regulation, submitted a proposal to Trump last month to change the U.S. Renewable Fuel Standard by shifting the burden of blending biofuels into gasoline away from oil refining companies, and further down the supply chain to marketers.

Public Citizen said that, because Icahn owns a controlling stake in a refinery that could benefit from the proposed change, he may have been required by a 1995 lobbying disclosure law to disclose his discussions with Trump on the subject as lobbying. The group said it would make its request for a probe in a letter to Congress later on Wednesday.

“All of this has occurred with no record of any (Lobbying Disclosure Act) filings by or on behalf of Mr. Icahn,” Public Citizen said in a copy of the letter provided to Reuters.

The Renewable Fuel Standard, signed into law by former President George W. Bush, requires refiners to mix increasing levels of renewable fuels into gasoline and diesel each year – a requirement that many refiners say costs them millions of dollars.

Icahn owns an 82-percent stake in refiner CVR Energy Inc, which along with other refining companies, have urged the Environmental Protection Agency (EPA) to shift the blending obligation away from them.

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Icahn has said that the change would benefit not just his company, but the entire refining industry.

Icahn has disclosed his role as a Trump adviser to the Securities and Exchange Commission, but he has not registered as a lobbyist. Several Democratic lawmakers have said they want more information about his role in the Trump administration.

Last week, the head of a U.S. biofuels group said Icahn told him that Trump was readying an executive order to change the point of obligation for blending under the biofuels program, something both the White House and Icahn have denied. The White House has said it is reviewing Icahn’s proposal and has not yet taken a position.

(Reporting by Chris Prentice in New York; Additional reporting by Emily Stephenson in Washington; Editing by Lisa Shumaker)

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Pentagon gives senators classified briefing on UFOs reported by the Navy

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While it might sound like something out of "The X-Files," Navy pilots have been seeing UFOs, and U.S. Senators now want to know what's happening.

According to Politico, three more senators met with Pentagon officials for a classified briefing Wednesday about encounters pilots are having with unidentified aircraft. It seems the Pentagon is getting more and more requests by officials with high clearances to figure out what's happening.

The crafts are, at their most basic, nothing more than "unidentified aircraft," and while it isn't likely they're little green men, there are some senators who might have concerns about whether these UFOs are actually a foreign adversary.

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Wall Street Journal issues blistering editorial asking Trump what the point is of a second term

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In a blistering editorial, the Wall Street Journal is asking President Donald Trump what the point of a second term is since he hasn't done anything in his first term.

During his rally in Orlando Tuesday, Trump repeated the same tired lines and same tired policies from 2016. The "Promises Made, Promises Kept" slogan shown over the crowd, yet the supporters didn't understand the irony.

"The most striking fact of his speech was how backward looking it was," the editorial board said. "Every incumbent needs to remind voters of his record, Mr. Trump more than most because the media are so hostile."

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‘Crosses a line’: New York Times publisher unleashes on Trump for accusing paper of ‘treason’

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On Wednesday, New York Times publisher A. G. Sulzberger wrote a blistering editorial in the Wall Street Journal, saying that President Donald Trump's latest attack on his paper "crosses a line."

First it was the "the failing New York Times." Then "fake news." Then "enemy of the people," wrote Sulzberger. "President Trump's escalating attacks on The New York Times have paralleled his broader barrage on American media. He's gone from misrepresenting our business, to assaulting our integrity, to demonizing our journalists with a phrase that’s been used by generations of demagogues. Now the president has escalated his attacks even further, accusing the Times of a crime so grave it is punishable by death.

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