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Stories of Interest
- Address at ICI's 2017 Securities Law Developments Conference - SEC Commissioner Stein
- New York Pension Fund Seeks More Pay Disclosure from Wells Fargo
- Wells Fargo Sanctions Are on Ice Under Trump Official
- Josh Brown: Here's How to Buy Bitcoin, But Realize It Could Be One Giant Bubble
- Trump's New Tax Plan Could Cost Citigroup $20 Billion
- Morgan Stanley Fires Former Congressman Harold Ford Jr.
- Al Franken Will Resign Over Sexual Misconduct Allegations - His Full Resignation Speech
- Ex-NFL Player Gets 40 Years for Running $10Mn Fraud
- Bitcoin Blows Past $15K, Adding $2K in Under 12 Hours
- Financial Adviser Settles Charges for Defrauding Private Equity Fund Investors
- New Cross Market Equity Supervision Report Cards - FINRA Phone-In Workshop, WebEx Presentation
- Mueller Just Crossed Trump's Red Line, With Deutsche Bank Subpoena
- Wildfire Rages Near Los Angeles
- Former Company Insider Has $4.1Mn Payday as a Whistleblower
- Audit Firm, Anton & Chia, Conducted Fraudulent Audits of Penny Stock Companies - SEC
- Mueller Subpoenas Deutsche Bank Records on Trump and Family
- Bitcoin Nearly Halfway to $400Bn Value Predicted by Winklevoss Twins 4 Years Ago
- Fidelity Clients Suffer Second Website Glitch in Week
- CBOE Beats CME to Bitcoin Futures Launch with December 10 Start
- McKinsey Senior Exec Thomas Barkin Named New Head of Federal Reserve Bank of Richmond
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NEWSLETTERS & ALERTS
Preet Bharara Will Not Resign as U.S. Attorney - Report
Then again, if Bharara were to resign, President Trump and Attorney General Sessions could refuse to accept it - and refuse to accept the resignations submitted by other selected U.S. Attorneys.
Because it is not unusual for a new President to request the resignations of all U.S. Attorneys who were appointed by previous administrations (especially where a new party has taken office), who is in a position to say that it is inappropriate for Trump to ask that ALL attorneys resign - even those whom the President wishes to retain? To criticize the Trump administration - which CNN and other media outlets are doing - is short-sighted at best, or biased at worst.
That said, U.S. Attorney Preet Bharara, who is the prosecutor for the Southern District of New York, will apparently refuse to submit his resignation. That could set up a showdown on Monday with the Justice Department. White House and DOJ officials have not yet commented on how, if at all, they will handle Mr. Bharara and any other federal prosecutor who refuses to resign.
The Southern District covers Manhattan, the Bronx, Westchester and other counties north of New York City. The Eastern District of New York covers Brooklyn, Queens, Staten Island and Long Island.