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