President Donald Trump unleashed a harsh attack on Sen. Adam Schiff, D-Calif., on Tuesday morning, reiterating 2024 allegations that Schiff committed mortgage fraud by lying about his principal address for over a decade, which the lawmaker rejects.
In a Truth Social post, Trump called Schiff a “scam artist” and claimed he obtained a mortgage for a Maryland home in 2009 but only designated it as a second home in 2020 as part of a ruse to get better rates and terms from the company, which has been in federal conservatorship since the 2008 financial crisis.
The president stated that Fannie Mae’s Financial Crimes Division had discovered the suspected wrongdoing. Schiff purchased the Maryland property while serving in Congress in 2009, and he became a senator the following January. Schiff described the claims as “baseless.”
“I have always suspected Shifty Adam Schiff was a scam artist. And now I learn that Fannie Mae’s Financial Crimes Division have concluded that Adam Schiff has engaged in a sustained pattern of possible Mortgage Fraud,” Trump wrote.
“Adam Schiff said that his primary residence was in MARYLAND to get a cheaper mortgage and rip off America, when he must LIVE in CALIFORNIA because he was a Congressman from CALIFORNIA. I always knew Adam Schiff was a Crook. The FRAUD began with the refinance of his Maryland property on February 6, 2009, and continued through multiple transactions until the Maryland property was correctly designated as a second home on October 13, 2020. Mortgage Fraud is very serious, and CROOKED Adam Schiff (now a Senator) needs to be brought to justice,” Trump wrote. He did not provide any evidence of the alleged fraud.
When asked about the accusations later Tuesday, Trump appeared to soften the specific allegation.
“I don’t know about the individual charge, if that even happened, but Adam Schiff is a serious lowlife,” Trump said.