[pavlov]

That's not the story. It's that someone appointed as "special advisor to the President on issues relating to regulatory reform" didn't actually have any interest in reforming regulations except for one very specific niche issue that has been affecting the profits at his refinery.

He tried to pull a fast one and even wrote an executive order, hoping Trump would sign it. Even though it didn't work out, the refinery made handsome profits by short-selling a regulatory instrument, apparently by exploiting information from Icahn.

It's an interesting background piece around Trump's regulatory teardown, one of the few issues where he can claim to have accomplished anything close to his campaign promises.