James was originally indicted on charges of bank fraud and making false statements (5).The Supreme Court, which will hear arguments in the case in January, ruled she could remain in her position at the Federal Reserve while she challenges the charges (4).In November, Cook’s lawyers called for the case against her to be dropped, describing the charges as “baseless” (3).Trump accused her of claiming two properties as her primary residence within weeks, writing to her: "It is inconceivable that you were not aw ...

Legal & Regulatory - Virginia grand jury declines to indict New York AG Letitia James on mortgage fraud-related charges [1] - Letitia James is a frequent political target of Trump [1]

Allegations of Hypocrisy and Political Targeting - ProPublica's report suggests potential hypocrisy, as Donald Trump's mortgage practices appear similar to those for which his administration criticized political opponents like Leticia James and Lisa Cook [1][2][3][4][5][6][7][8] - The Trump administration has been using allegations of mortgage misrepresentation to target political adversaries, including indicting Leticia James and effectively firing Lisa Cook [7][8][12] Mortgage Practices and Legal Interpretations - Trump's Florida mortgages involved claiming properties as primary residences and then renting them out, mirroring allegations against Lisa Cook [2][3][4] - Mortgage lawyers suggest that "principal residence" mortgages can have legitimate reasons even if the home isn't the primary residence, indicating a gray area [6][11] - The Trump administration has seized on nominal misrepresentations in mortgage documents to aggressively pursue cases, but seemingly only against political enemies [12] Investigation and Response - The Federal Housing Finance Agency (FHFA) director promised non-partisan investigation of mortgage fraud [1] - When contacted for comment on the Palm Beach properties, President Trump hung up immediately [13]

Welcome back. A fresh setback in the Justice Department's effort to bring charges against one of President Trump's political foes, New York Attorney General Leticia James. A federal grand jury now declining to indict her on alleged mortgage fraud allegations.This coming just two weeks after the initial cases against James and former FBI director James Comey were thrown out after a federal judge ruled the prosecutor who brought the charges initially, former Trump lawyer Lindseay Halligan, was unlawfully appo ...

All right, I got some breaking news out of Washington. Aean Jabvers has that for us at the White House. Hi, Aean >> Scott. That's right. The General Accountability Office here in Washington says that it is going to conduct an investigation of Bill Py over at the FHFA over this question of whether he appropriately accessed private data as he was doing his own investigations at FHFA in order to lob these allegations of mortgage fraud against a number of prominent officials here in Washington, including Lisa C ...

Do you remember just how just about a month ago we got the news that the politicized mortgage fraud investigation into Democratic California Senator Adam Schiff had stalled. After months of investigating, the top federal prosecutor in charge of the case told the DOJ that there was not enough evidence to indict. But that news didn't sound right to conservative activist, realtor, and California congressional candidate Christine Bish.There's a lot packed in there. I mean, Bish claimed that the news couldn't be ...

Investigations and Legal Matters - Senator Schiff is under investigation by the US Attorney's Office for the District of Maryland, and Leticia James is under indictment by the Eastern District of Virginia [1] - Bill Py and Ed Martin are under investigation led by Deputy Attorney General Todd Blanch from Maine justice [2] - The investigation into Py and Martin may stem from unauthorized access to mortgage-related information from Fannie Mae or Freddie Mac under the guise of a criminal referral [3] Right-Wing Media and Political Dynamics - The right-wing echo chamber has largely ignored the investigations involving Paul and Ed Martin [5] - Ed Martin is portrayed as a key figure in right-wing media, assuring loyalty to Trump will result in pardons [6][7] - Martin's role involves identifying individuals for pardons, reinforcing the message that loyalty to Trump ensures protection [7] Potential Fissures and Internal Conflicts - The situation reveals potential divisions within the right-wing political sphere [4] - There is surprise that the right-wing media is ignoring the situation, especially given Martin's prominent role [7][8]

We have breaking news. MS now with exclusive reporting that a federal grand jury in Maryland is now investigating two Trump administration officials. Federal Housing Finance Agency director Bill PE and DOJ pardon attorney Ed Martin.Now, the investigation centers on whether they appointed unauthorized people to help with mortgage fraud investigations of California Democratic Senator Adam Schiff and New York Attorney General Leticia James. Joining us with their exclusive reporting, MS Now's Kendallian and Car ...

Welcome back to Squawkbox. Lawyers for the Federal Reserve Governor Lisa Cook disputing Trump administration allegations that she committed mortgage fraud. In a letter to the US Attorney General, Cook's attorney said that the case against her rests mostly on a single reference in a 2021 mortgage document uh that is outweighed, they say, by other more specific disclosures the cook gave about her homes.It's the first response to an August criminal referral by the Trump administration housing official Bill Py ...

Ken, I'll go first to you. Continue to walk us through what can we what we can expect from this arraignment. We expect it to get underway any second now.Right. >> That's right, Ally. And this is one of those courouses where no electronic devices are allowed inside.And so we won't know exactly what's happening until our producer comes out of the courtroom. Uh the judge in this case, Judge Jamar Walker, who was actually a former prosecutor in this office in the Eastern District of Virginia, a Biden appointee, ...