(Bloomberg) – Carl Icahn's role as a special regulatoryadviser to President Donald Trump has ended afterquestions were raised by Democratic lawmakers about potentialconflicts of interest with his business dealings in oil refiningand insurance.

In a letter to Trump addressing his departure that was postedFriday on Icahn's website, the billionaire investor deniedprofiting from his advice-giving role — a possibilityraised by critics who had asked administration officials toinvestigate his work.

"Contrary to the insinuations of a handful of your Democraticcritics, I never had access to nonpublic information or profitedfrom my position, nor do I believe that my role presented conflictsof interest," Icahn wrote in the letter. "Indeed, out of anabundance of caution, the only issues I ever discussed with youwere broad matters of policy affecting the refining industry."

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