Politics

Preet Bharara fired after refusing to resign

Crooked pols, shady Wall Streeters and America-hating terrorists had reason to cheer Saturday when the Trump administration fired one of the nation’s most feared prosecutors.

Manhattan US Attorney Preet Bharara got his walking papers after a defiant but brief standoff that began Friday when he refused a resignation order from his immediate supervisor, Attorney General Jeff Sessions.

“I did not resign. Moments ago I was fired,” Bharara tweeted at 2:29 p.m. Saturday. “Being the US Attorney in SDNY [the Southern District of New York] will forever be the greatest honor of my professional life.”

“One hallmark of justice is absolute independence, and that was my touchstone every day that I served,” he said in a follow-up statement.

Mayor de Blasio might be forgiven a moment of schadenfreude over the firing, since Hizzoner and his associates have been under questioning by Bharara’s prosecutors.

So might Gov. Cuomo. A former Cuomo aide and six associates face corruption charges over bribery probe of the state’s Buffalo Billion plan to rejuvenate the upstate economy.

President Trump himself may also have cause to be relieved to see Bharara gone. A law-enforcement source noted that Bharara likely would have been involved in any investigation over from Trump’s allegation that former President Barack Obama ordered “wires tapped” at Trump Tower during the presidential campaign.

Bharara was blindsided Friday when the Justice Department ordered 46 US attorneys appointed by Obama for their letters of resignation Friday.

Bharara had reason to think his job was safe.

Trump had summoned him to Trump Tower in November to discuss his future in the new administration. The then-president-elect even sought Sen. Charles Schumer’s advice on whether Bharara should stay on.

Preet Bharara talks with reporters after his meeting at Trump Tower in November.AP

After the meeting, Bharara told reporters that he expected to “continue to work at the Southern District.”

But his dogged reputation and independent streak likely doomed him among Trump’s inner circle, sources said.

Schumer’s behavior might have been a factor, said sources. They believed Trump might have turned on Bharara because Schumer insisted Sessions resign over reports that Sessions met with the Russian ambassador during the presidential campaign.

“They wouldn’t drop Preet unless it’s for partisan reasons,” said one source close to the White House. “Sessions insisted. It’s just politics.”

And the president’s allegation over Twitter last weekend that Obama bugged Trump Tower may have factored in Bharara’s firing, sources say.

Any FBI surveillance on Trump campaign staffers’ ties to Russia could fall under Bharara’s jurisdiction.

“His track record of taking an investigation wherever it goes no matter how high many people wonder whether the White House is trying to take him off the field,” said one source close to Bharara.

“If there’s one person who strikes fear into the hearts of elected officials, it’s Preet.”

Another motive for Bharara’s firing might be a recent powwow between Trump and hedge-fund billionaire Steve Cohen.

Hedge-fund manager Steven A. CohenReuters

The Showtime TV series “Billions” is taken by many as a fictionalized version of Bharara’s investigation of alleged insider trading by Cohen’s hedge fund.

Cohen and Trump recently bumped into each other at Trump’s members-only golf club in West Palm Beach, Fla., where they asked to be left alone for a private talk, a person with knowledge of the meeting told The Post.

People familiar with the meeting wonder whether Bharara’s name came up.

Cohen was never personally charged with wrongdoing, but Bharara brought a criminal case against the $13 billion hedge fund in 2013, calling SAC Capital Management “a magnet for market cheaters.”

Cohen had to agree to return outside investors’ money.

A spokesman for Cohen didn’t immediately return a request for comment. A White House spokeswoman did not respond to questions about the meeting.

White House spokeswoman Sarah Huckabee Sanders referred questions about Bharara’s firing to the Justice Department, whose spokeswoman did not return a call.

Members of New York’s political class were regular targets of Bharara, his investigators and his prosecutors.

Former Assembly Speaker Sheldon Silver and former state Senate Majority Leader Dean Skelos — once two of the three most powerful men in state government — may serve long prison terms they can attribute to Bharara’s probing.

Among the terrorists Bharara targeted was Sulaiman Abu Ghaith, a Kuwaiti-born cleric and Osama bin Laden adviser who is serving life in prison.

And he successfully earned 85 straight convictions for insider trading from 2009 to 2014 before finally losing a case.

De Blasio, under probe for trading favors for campaign donations, declined to comment on Bharara’s dismissal.

Schumer, who once employed Bharara as chief counsel, hailed his “relentless drive to root out public corruption, lock up terrorists, take on Wall Street, and stand up for what is right.”

The mass resignation order on Friday was normal for when a new president takes office.

In 1993, then-Attorney General Janet Reno demanded all 93 US attorneys step down three months into President Bill Clinton’s first term. Presidents George W. Bush and Obama tried to stagger the prosecutorial layoffs over a few months.

Preet Bharara stands in front of former Attorney General Loretta Lynch and FBI Director James Comey.AP

Sessions simply wanted to clean house now that he is in charge, said two sources close to the White House.

Joon Kim, Bharara’s deputy, will be acting US attorney, said Bharara’s statement.