What is going on with Preet Bharara?

Preet Bharara's One Critical Mistake

Days after his firing, Bharara fueled the speculation by comparing his plight to that of the Moreland Commission, which was disbanded by New York Gov. Andrew Cuomo after it began to investigate his aides.

President Trump with Tom Price, secretary of the Department of Health and Human Services.

Price had insisted his trades were aboard, and was subsequently confirmed by a vote along party lines in the Republican-controlled Senate in February.

During his confirmation hearing in January, Price admitted that he had traded stock in health-related companies while co-sponsoring healthcare legislation in Congress.

Former U.S. Attorney Preet Bharara was investigating a top member of President Trump's cabinet when he was sacked, according to a report Friday. Was there political motivation the Trump administration's decision to can Bharara despite a gentleman's agreement back in November to keep him?

The Trump administration did not comment for ProPublica's report.

That in itself is not illegal, but ethics watchdogs Senate Democrats raised questions about whether the trades ran aground of congressional ethics laws that bar lawmakers from trading stocks based off non-public information acquired through their jobs.

Bharara, who helmed the office since 2009, was sacked by Trump after refusing the request to resign.

Weeks later, The Wall Street Journal found that "the cabinet nominee was one of fewer than 20 USA investors who were invited past year to buy discounted shares of the company - an opportunity that, for Mr. Price, arose from an invitation from a company director and fellow congressman".

Of particular interest were his trades in the Australian tech company Innate Immunotherapeutics.

At his confirmation hearings, Price said numerous trades were made by his broker - and without his knowledge. "The fact that these trades were made and in many cases timed to achieve significant earnings or avoid losses would lead a reasonable person to question whether the transactions were triggered by insider knowledge", she wrote. Bharara's former deputy, Joon Kim, is now in charge of the office, but Trump is expected to nominate his replacement within weeks.

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