The Trump administration established a pattern of targeting political adversaries through the Federal Housing Finance Agency with mortgage fraud investigations. Beyond Letitia James’s indictment, the pattern includes investigations against Fed Governor Lisa Cook and Senator Adam Schiff, all …
The U.S. Department of Justice formally opened a criminal investigation into Federal Reserve Governor Lisa Cook on September 4, 2025, following a criminal referral from Federal Housing Finance Agency Director Bill Pulte. Federal prosecutors issued grand jury subpoenas in Georgia and Michigan to …
Department of JusticeLisa CookPam BondiBill PulteEd Martin+2 moredojfederal-reservecriminal-investigationpolitical-prosecutioninstitutional-capture+1 more
Fox News reported on August 5, 2025, that the U.S. Attorney’s Office in Maryland launched a federal criminal investigation into Democratic California Senator Adam Schiff for alleged mortgage fraud. The Federal Housing Finance Agency (FHFA) referred Schiff’s case to DOJ, accusing him of …
Department of JusticeAdam SchiffU.S. Attorney's Office (Maryland)Federal Housing Finance AgencyDonald Trumpinstitutional-capturedojweaponizationretaliationpolitical-prosecution
The Federal Housing Finance Agency (FHFA) ordered Fannie Mae and Freddie Mac to formally recognize cryptocurrency held on U.S.-regulated exchanges as potential assets in mortgage loan risk assessments, marking a significant shift in federal mortgage lending policy under the Trump administration.
Donald TrumpWilliam J. PulteFannie MaeFreddie MacFederal Housing Finance Agencycryptomortgagefinancial-captureregulatory-innovation
Treasury Secretary Henry Paulson announces that Fannie Mae and Freddie Mac, the government-sponsored enterprises backing $5 trillion in home mortgages, will be placed into conservatorship under the newly created Federal Housing Finance Agency. The seizure represents the largest government …