Hedge Fund Billionaire Carl Icahn Agrees to Be Donald Trump’s Treasury Secretary
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Last month, Republican candidate Donald Trump announced during an MSNBC appearance that if he gets elected into the White House, he would want to bring his “friend” Carl Icahn—the hedge fund billionaire—on board with the administration as the Treasury Secretary.

Icahn published a letter online the next day saying that he would have to decline the offer. “There are others much more knowledgeable than I concerning Presidential elections,” wrote Icahn, which is why he felt it was best to refuse the opportunity and decline from elaborating on Trump’s chances of winning the election. Despite rejecting the offer, Icahn did praise Trump for speaking up about the issue of holding down low interest rates.

However, in an interesting turn of events, Carl Icahn took to Twitter today to express his change of heart about joining Trump’s administration, writing, “After last night’s debate I decided to accept @realDonaldTrump offer for Secretary of Treasury.” Icahn is of course referring to the primary Republican presidential debate held on August 6, which Trump seemed to get through with ease, even when faced with tough questions.

In his series of tweets, Icahn added that he felt our method of electing politicians has become “dysfunctional” and that we’re “in dire need of a breath of fresh air.”

As Gawker points out, Trump picking Icahn might have something to do with the fact the billionaire (Icahn) recently shelled out $20 million to acquire Atlantic City’s Trump Taj Mahal Casino, which was on the verge of having the Trump name stripped—the deal with Icahn will essentially cover the cost of the bankruptcy proceedings and helps keep Trump’s presence in Atlantic City intact.

Sources:

Udland, M., “Carl Icahn accepts Donald Trump’s offer to be Treasury Secretary,” Business Insider web site, August 7, 2015; http://goo.gl/B0X5zr.
Lopez, L., “ICAHN TO TRUMP: Thanks, but no,” Business Insider web site, June 19, 2015; http://goo.gl/qGDywo.
Hathaway, J., “Carl Icahn Changes His Mind, Says He’ll Be Trump’s Treasury Secretary,” Gawker web site, August 7, 2015; http://goo.gl/sy7Eus.

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