President Donald Trump is calling for California Democrat Sen. Adam Schiff to be prosecuted and jailed, following newly revealed documents that accuse the longtime Trump critic of mortgage fraud.
“Adam ‘Shifty’ Schiff is in BIG TROUBLE!” Trump posted to Truth Social on Sunday. “He falsified Loan Documents. He once said my son would go to prison on a SCAM that Schiff, along with other Crooked Dems, illegally ‘manufactured’ in order to stage an actual coup,” Fox News reported.
“My son did nothing wrong, knew nothing about the fictional story,” he added. “It was an American Tragedy! Now Shifty should pay the price of prison for a real crime, not one made up by the corrupt accusers!”
The accusations stem from a letter sent by the Federal Housing Finance Agency to the Department of Justice in May. In it, the agency alleges that Schiff “falsified bank documents and property records to acquire more favorable loan terms,” impacting mortgage payments between 2003 and 2019 for a home in Potomac, Maryland.
The FHFA oversees Fannie Mae, Freddie Mac, and the Federal Home Loan Bank System.
Trump doubled down on Tuesday, pointing to a report from Fannie Mae’s Financial Crimes Division that Schiff engaged in “a sustained pattern of possible occupancy misrepresentation” across five Fannie Mae loans.