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US President-elect Donald Trump to retain high-profile Indian American Prosecutor Preet Bharara appointed by Obama

Bharara has the reputation of being a crusader against financial institutions

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President Barack Obama meets with President-elect Donald Trump at the White House, Nov. 10, 2016. (Photo: J. Oni / VOA)

New York, Dec 1 2016: US President-elect Donald Trump is going to keep Indian American Preet Bharara in his job as a high-profile federal prosecutor with charge of Wall Street and important security matters in New York.

Bharara, who was appointed by President Barack Obama, told reporters after meeting with the president-elect on Wednesday that Trump asked him to continue as the US District Attorney for Southern New York and “I agreed to stay on.”

Bharara has the reputation of being a crusader against financial institutions that have been blamed for the recent great recession and have been attacked by Trump for causing economic hardship around the nation.

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 He has taken action against major banks like Citibank and JP Morgan Chase, forcing them to pay billions of dollars to the government to settle the cases.

He has prosecuted over 100 of Wall Street executives for criminal activities like stock trading irregularities using insider information.

Trump retains officer from Obama administration
Prosecutor Preet Bharara, Wikimedia

They include several Indians like Rajat Gupta, the former head of the consulting company McKinsey and Goldman Sachs director, who served two years in jail for colluding with the Sri Lankan American hedge fund operator Raj Rajaratnam in a stock market scam.

The meeting with Trump and the offer to have Bharara is unusual both because he is a Democrat and an Obama appointee – the only one so far that the Republican has said he will keep on – and because despite its visibility, the job is not of the high-level that Trump is currently trying to fill.

Therefore, it shows the importance Trump attaches to the areas of potential prosecution that Bharara oversees.

Like Bharara, Trump is highly critical of Wall Street manipulations and irregularities, saying: “Wall Street has caused tremendous problems for us.”

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“I’m not going to let Wall Street get away with murder,” Trump has declared, and Bharara would be his minion to ensure that.

Bharara has prosecuted several New York politicians for corruption. The senior-most among them is state assembly Speaker Sheldon Silver, a Democrat, who was given a 12-year sentence for corruption.

Bharara, whose full name is Preetinder Preet Singh Bharara, was born in Ferozepore in 1968 and immigrated to the US as a child.

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 He sparked a diplomatic stand-off between India and the United States in 2013 when he had a Dalit Indian diplomat, Devyani Khobragade, arrested and strip-searched over allegations that she had made a false statement in the visa application for her maid.

Other diplomats accused of similar offenses were not similarly treated by Bharara and the humiliating action against Khobragade, the Deputy Consul General in New York, brought retaliatory action against by India against US diplomats in India.

Secretary of State John Kerry expressed regret for the incident and the matter was diplomatically resolved with her being allowed to leave the US without prosecution.

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Citibank paid a $158 million fine to settle a case Bharara brought against it for misleading the government about loans and in another case made a $7 billion payment to the government after Bharara began investigating its Mexican unit.

JP Morgan Chase was made to forfeit $7 billion for failing to inform authorities about a massive investment fraud by a client. (IANS)

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Trump Endorses Short-Term Bipartisan Fix For Obama Care

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Washington, October 18: US President Donald Trump on Wednesday expressed support for a bipartisan initiative to restore the Obama Care subsidies he suspended last week.

“We have been involved and this is a short-term deal because we think ultimately block grants going to the states is going to be the answer,” Trump told reporters at the White House, Efe news reported.

Senators Lamar Alexander (R-Tenn.) and Patty Murray (D-Wa.) announced on Tuesday an accord “in principle” to re-instate for two years the cost-sharing reduction payments, known as CSRs, that Trump halted last week.

The proposal would at the same time give states “more flexibility in the variety of choices they can give to consumers”, Alexander said.

Alexander, the chair of the Senate Health Committee, received encouragement from the President last weekend for his attempt to find common ground with the Democrats.

“Lamar has been working very, very hard with … his colleagues on the other side, and, Patty Murray is one of them in particular, and they’re coming up, and they’re fairly close to a short-term solution. The solution will be for about a year or two years, and it will get us over this intermediate hump,” Trump said on Tuesday.

Trump signed an executive order last Thursday loosening some of the requirements set down for health insurance plans by the Affordable Care Act (ACA), the signature domestic policy initiative of his predecessor Barack Obama.

He signed another directive terminating the CSR payments late Thursday night.

The President, who vowed to repeal and replace the ACA – popularly known as ObamaCare – has grown frustrated by the failure of the Republican-controlled Congress to pass a bill undoing the 2010 legislation.

“This takes care of the next two years,” Alexander said of his and Murray’s proposal. “After that, we can have a full-fledged debate on where we go long-term on health care.”

Murray, meanwhile, said that the plan would protect people from sharp increases in premiums resulting from Trump’s decision to end the CSR payments.

“Overall we are very pleased with this agreement,” Senate Democratic leader Chuck Schumer said, praising the deal for including “anti-sabotage provisions” to prevent the administration from undermining the ACA.

The Republican lawmakers were reluctant to comment on the Alexander-Murray accord.

“We haven’t had a chance to think about the way forward yet,” Senate Majority Leader Mitch McConnell said after meeting with his Republican colleagues.

Despite his encouraging words for Alexander, Trump kept up his criticism of the ACA.

“Obama Care is virtually dead. At best you could say it’s in its final legs. The premiums are going through the roof. The deductibles are so high that people don’t get to use it. Obama Care is a disgrace to our nation and we are solving the problem of Obama Care,” he said. (IANS)

 

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Donald Trump Expands Travel Ban, Restricts Visitors from 8 Countries

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President Donald Trump speaks with reporters before boarding Air Force One at Morristown,Municipal airportN.J. (source: VOA)

Washington, September 25:— The revised US travel ban will restrict travellers from eight countries to visit the United States, says an order signed by President Donald Trump on Sunday. The new travel ban, which takes effect on, October 18, will restrict residents of Chad, Iran, Libya, North Korea, Somalia, Syria, Venezuela and Yemen.

According to the U.S. officials, these countries have refused to share information about terrorism and other issues with the United States.The new travel ban drops Sudan from the list but adds Chad, Venezuela and North Korea to the original six Muslim-majority countries.

The announcement late Sunday came as Trump’s previous temporary travel ban on visitors from six Muslim-majority countries was expiring, 90 days after it went into effect. The earlier order had barred citizens of Iran, Libya, Somalia, Sudan, Syria and Yemen from entering the U.S. unless they had a “credible claim of a bona fide relationship with a person or entity in the United States.”

US President Donald Trump’s travel ban inflicts “Significant harm” on Muslim Americans

Reaction to the president’s order from human-rights organizations and other groups that work with immigrants was largely negative.

The Council on American-Islamic Relations (CAIR), the nation’s largest Muslim civil rights and advocacy organization, said the latest version of the “Muslim ban” that Trump tried to introduce on taking office earlier this year as part of the administration’s “ugly white supremacist agenda.”

Trump said in the new proclamation: “As president, I must act to protect the security and interests of the United States and its people. The restrictions announced are tough and tailored, and they send a message to foreign governments that they must work with us to enhance security.”

Trump last week called for a “tougher” travel ban after a bomb partially exploded on a London subway.Trump last week called for a “tougher” travel ban after a bomb partially exploded on a London subway.

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US will Provide $32 Million to Rohingyas As Humanitarian Aid Package

The United States state department will provide a humanitarian aid package to the Rohingya Muslim minority who have fled violence in Myanmar and crossed into neighbouring Bangladesh

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The US will provide a humanitarian aid package worth $32 million to the Rohingya Muslim minority Source: Wikimedia Common

New York, September 21, 2017: The US will provide a humanitarian aid package worth $32 million to the Rohingya Muslim minority who have fled violence in Myanmar and crossed into neighbouring Bangladesh, the State Department announced.

The funding “reflects the US commitment to help address the unprecedented magnitude of suffering and urgent humanitarian needs of the Rohingya people,” said the State Department’s Acting Assistant Secretary Simon Henshaw on Wednesday at the ongoing UN General Assembly here.

He added that the US hoped its contribution would encourage other countries to provide more funding as well, reports CNN.

The aid package comes a day after Secretary of State Rex Tillerson spoke with Myanmar de facto leader of Myanmar Aung San Suu Kyi and “welcomed the Myanmar government’s commitment to end the violence in Rakhine state and to allow those displaced by the violence to return home,” according to the State Department.

Tillerson “urged the Myanmar government and military to facilitate humanitarian aid for displaced people in the affected areas, and to address deeply troubling allegations of human rights abuses and violations”.

The State Department also said the aid “will help provide emergency shelter, food security, nutritional assistance, health assistance, psychosocial support, water, sanitation and hygiene, livelihoods, social inclusion, non-food items, disaster and crisis risk reduction, restoring family links, and protection to the over 400,000 displaced persons”.

ALSO READ: Melbourne Sikhs join protests in Australia against Rohingya Muslims massacre.

Henshaw said Wednesday’s announcement brought the total US aid to Myanmar refugees, including Rohingya, to nearly $95 million in fiscal year 2017.

Some 415,000 Rohingya have fled to Bangladesh since the ongoing violence broke out on August 25 when Rohingya rebels attacked police checkposts in Rakhine resulting in the deaths os 12 security personnel, CNN reported.

Speaking at the UN Security Council on Wednesday, Vice President Mike Pence called on the world body “to take strong and swift action to bring this crisis” of violence against the Rohingya people in Myanmar to an end.

“The United States renews our call on Burma’s security forces to end their violence immediately and support diplomatic efforts for a long-term solution.

“President (Donald) Trump and I also call on this security council and the United Nations to take strong and swift action to bring this crisis to an end.”

Pence also spoke about how the violence in Myanmar is a perfect example of the kind of problem the UN should help solve. (IANS)