U.S. President Donald Trump on Tuesday accused Democratic Senator Adam Schiff of committing mortgage fraud, claiming the lawmaker should be "brought to justice"- a statement Schiff condemned as political persecution and denies any wrongdoing.
Trump, speaking on his Truth Social platform, alleged that Schiff, a long-time political adversary and key figure in Trump's 2020 impeachment, allegedly misrepresented his primary residence to obtain a lower mortgage rate. He cited findings from Fannie Mae, a federal housing finance agency, which he said indicated a "sustained pattern of possible mortgage fraud."
"Mortgage Fraud is very serious, and CROOKED Adam Schiff (now a Senator) needs to be brought to justice," Trump wrote.
According to the New York Post, the Federal Housing Finance Agency (FHFA), which oversees Fannie Mae, has made a criminal referral to the Department of Justice (DOJ) for potential prosecution. However, officials at the DOJ, Fannie Mae, and FHFA declined to comment.
Schiff, who owns homes in both California and in Washington, D.C. area, rejected the allegations. A spokesperson said mortgage providers for both residences were fully aware that he used each of them throughout the year.
In response, Schiff posted on social media - “This is just Donald Trump’s latest attempt at political retaliation against his perceived enemies.”
Schiff has been one of Trump’s primary targets since 2019, when he led the first impeachment inquiry against the former president. That effort resulted in Trump's impeachment by the Democratic-controlled House over allegations he withheld military aid to Ukraine to pressure an investigation into Joe Biden. The Senate, then under Republican control, acquitted him.
Iran says the Strait of Hormuz remains under its control, rejecting U.S. President Donald Trump’s claim of “total control” over t...
One person has been killed and six others injured after an explosion at a petroleum storage facility at the Port of Rotterdam, prompting an investi...
The suspension of two major grain terminals in Russia’s Black Sea port of Novorossiysk could increase pressure on Kazakhstan’s agricult...
Disruption in the Strait of Hormuz has increased the strategic importance of Bab al-Mandab, raising fears that instability in both waterways could trigger a wider global energy and trade crisis.
Flights at Catania airport in Sicily will remain suspended until early Friday as ash from Mount Etna continues to disrupt air travel, following hundreds of cancellations and diversions over the past week.
Iran and the United States remain at loggerheads over efforts to agree a permanent end to the war in the Gulf, according to a senior Iranian source who said there had been no progress in talks to revive the interim deal agreed in June and define a timeframe to implement it.
Iran says the Strait of Hormuz remains under its control, rejecting U.S. President Donald Trump’s claim of “total control” over the strategic waterway and insisting it will not reopen until Washington fulfils its commitments under an interim deal.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 12th of August, covering the latest developments.
One person has been killed and six others injured after an explosion at a petroleum storage facility at the Port of Rotterdam, prompting an investigation into the cause.
Palestinian Authority President Mahmoud Abbas met Türkiye’s President Recep Tayyip Erdoğan on Wednesday for talks focused on Gaza, Palestinian statehood and regional security.
Taiwan staged military defence drills on Wednesday as China concluded joint naval exercises with Indonesia in waters east of the island.
Washington’s counter-narcotics push is expanding as Colombia’s new conservative government backs deeper security cooperation.
Meta said it had removed more than 750,000 Facebook and Instagram accounts suspected of belonging to Australians under 16, as the country’s internet regulator weighs enforcement action over its teen social media ban.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment