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Senators seek probe of Bill Pulte’s alleged politicized criminal referrals
Straight Arrow News
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4 hours ago
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00:00
Senator Adam Schiff and Congressman Eric Swalwell have at least three things in common.
00:05
They're both California Democrats, they played key roles in Donald Trump's first impeachment,
00:10
and now they have both been referred to the Justice Department for prosecution for accusations
00:15
of mortgage fraud.
00:16
Senate Democrats find that suspicious, so they're calling for an independent investigation
00:21
into Bill Pulte, the head of the Federal Housing Finance Agency, who has sent multiple criminal
00:26
referrals to the Department of Justice, all of them regarding Democrats.
00:31
FHFA Director Bill Pulte has referred Schiff, Swalwell, Federal Reserve Governor Lisa Cook,
00:39
and New York State Attorney General Letitia James for prosecution on mortgage fraud claims.
00:44
So far, only James has been indicted.
00:46
Senate Democrats want to know if this is purely political, so they're asking the Government
00:51
Accountability Office to investigate because it's independent, unlike the FHFA's
00:56
Inspector General's office, where employees have been fired for looking into this.
01:01
The senators want to know how Pulte accessed the data, whether he used official FHFA resources
01:06
like staff to gather the documents, and if any of the data is privileged.
01:11
The senators wrote in their letter to the Government Accountability Office, Mr. Pulte, notably,
01:16
is reportedly in contact with President Trump regarding his mortgage fraud investigations, creating
01:21
a clear path through which Mr. Pulte could be working with the President to identify and
01:26
execute on mortgage fraud investigation targets.
01:28
Did the FHFA tell you they were pulling your data at all and inform you as to what they
01:32
were doing in any way, shape, or form?
01:34
All I know about that is what I read in the paper.
01:37
In July, when news of the investigation first came out, Schiff wrote on X,
01:40
This baseless attempt at political retribution won't stop me from holding the President accountable.
01:45
We spoke with senators about the referrals and whether they believe Pulte's actions are inappropriate.
01:50
Here's what they said.
01:51
I have mixed feelings.
01:52
I think this is a witch hunt, literally, by him, and he's clearly going after the
01:58
enemy, quote, enemies of the President, close quote.
02:01
On the other hand, in public life, there should be full disclosure.
02:05
I think everyone who has been found to allegedly have committed mortgage fraud, Democrats and
02:16
Republicans should be prosecuted to the full extent of law.
02:20
Reports indicate the investigation into Schiff stalled due to a lack of evidence.
02:24
The news about Swalwell's investigation just came out last week.
02:28
NBC News says he was referred to the DOJ for mortgage and tax fraud claims.
02:33
I'm Ray Bogan for Straight Hour News.
02:34
For more unbiased reporting straight from our nation's capital, download the SAN app.
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