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Trump team promises transparency regarding Icahn's advisory role

WASHINGTON (Reuters) - U.S. President-elect Donald Trump's transition team on Thursday pledged proper oversights and transparency regarding billionaire and activist investor Carl Icahn's special advisory role on regulatory issues.

Representatives for Trump made the pledge during a daily conference call with reporters one day after announcing Icahn will advise Trump on rescinding what Icahn called "excessive regulation" on U.S. businesses.

(Reporting by Roberta Rampton, Emily Stephenson and Melissa Fares; Writing by Susan Heavey)