Carl Icahn, the billionaire investor who has been laying siege to corporate boards for decades, will be named special adviser to Donald Trump on overhauling regulations, according to a person familiar with the matter.

For years, Icahn considered himself the ultimate outsider, painting his role as storming corporate castles run for country club executives by traversing moats and battling the highly-paid and established knights of those in power, like investment bankers from Goldman Sachs. His detractors attacked Icahn for being a corporate raider trying to sack corporations for quick profits. But with Trump winning the White House, Icahn now has the keys to the kingdom, or at least the ear of the president-elect.

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