On Tuesday morning, President Donald Trump launched a severe critique against Senator Adam Schiff, D-Calif., reiterating allegations from 2024 that Schiff engaged in mortgage fraud by misrepresenting his principal address for over a decade, a claim that the senator denies.
In a post on Truth Social, Trump labeled Schiff a “scam artist” and asserted that he secured a mortgage for a home in Maryland in 2009, only designating it as a second home in 2020 as part of a scheme to obtain more favorable rates and terms from the lending institution, which has been under federal conservatorship since the financial crisis of 2008.
The president indicated that the Financial Crimes Division of Fannie Mae had uncovered the alleged misconduct. Schiff acquired the Maryland property while he was serving in Congress in 2009, and he ascended to the Senate the following January. Schiff characterized the allegations as “baseless.”
