Three Democrats have been accused of mortgage fraud in recent months.
President Donald Trump and his allies have attacked three Democrats over suspected mortgage fraud.
Over the last few months, Trump has claimed California Senator Adam Schiff, Federal Reserve governor Lisa Cook and New York Attorney General Letitia James have committed the crime. All three have all denied wrongdoing.
Newsweek contacted representatives for all three as well as the Justice Department and the Federal Housing Finance Agency to comment on this story.Why It Matters
The attacks reflect the highly divided political environment in the United States. Republicans frequently seek to undermine their Democratic opponents by accusing them of wrongdoing, whereas Democrats too have launched legal and political attacks on GOP politicians.What To Know
James was referred by the Federal Housing Finance Agency (FHFA) to Attorney General Pam Bondi and Deputy Attorney General Todd Blanche regarding allegations she falsified records to help obtain a mortgage in 2023. The Justice Department launched a criminal investigation into James in May.
In July, Trump said Schiff should „pay the price of prison“ for alleged mortgage fraud. The Justice Department received a criminal referral for Schiff from the Federal Housing Finance Agency in July. The president accused Schiff of improperly declaring a house he owned in Maryland as his primary residence to get a lower mortgage rate. Schiff called the attack a „baseless attempt at political retribution.“
On Wednesday, Trump called on Cook to resign after Federal Housing Finance Authority director William Pulte sent a „criminal referral“ to Attorney General Pam Bondi, accusing Cook of mortgage fraud.
