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Stories of Interest
- SEC Adopts Statement and Interpretive Guidance on Public Company Cybersecurity Disclosures
- SEC Charges Former Bitcoin Exchange and Its Founder With Fraud
- JPMorgan Chase to Replace NYC Headquarters with 70-Story Skyscraper
- Citigroup Raises CEO Corbat's Pay 48% to $23Mn
- Should Congress Create a Crypto-Cop?
- JPMorgan Weighs Buying an Exchange-Traded Funds Firm
- Hey, Goldman Sachs: Wanna Buy BNY Mellon?
- SEC Order Rejecting Acquisition of Chicago Stock Exchange (CSX) by Chinese-Baesd Company
- Kyle Moffatt Named Chief Accountant in SEC CorpFinance
- SEC Suspends Trading in 3 Issuers Claiming Involvement in Cryptocurrency and Blockchain Technology
- Karen Garnett, Assoc. Director of SEC CorpFinance, to Leave After 23 Years of Service
- Louisiana Adviser Barred for Hiding Losses from Investors
- Connecticut HF Manager Illegally Diverted Investor Money - Now Owes Nearly $13Mn
- White House Cleaning House of Advisors Without Full Security Clearance
- Goldman Projects 30% Growth in Wealth Management Advisor Force
- Whistleblower Alleges Manipulation of CBOE Volatility Index
- FINRA Looking Into VIX (CBOE Volatility Index) Manipulation: WSJ
- Atlanta-Area Resident Charged with Misusing Investor Funds - SEC
- FINRA Announces 2018 West Region Networking Seminar
- Alberto Arevalo, Associate Director in Office of International Affairs, to Retire From SEC
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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.