Senator Adam Schiff (D-CA) created a new legal defense fund as the Department of Justice has launched a probe into his finances. According to the Internal Revenue Service, Schiff set up the “Senator Schiff Legal Defense Fund.”
“It’s clear that Donald Trump and his MAGA allies will continue weaponizing the justice process to attack Senator Schiff for holding this corrupt administration accountable,” Schiff spokesperson Marisol Samayoa said in a statement. “This fund will ensure he can fight back against these baseless smears while continuing to do his job.”
In May, Federal Housing Finance Agency (FHFA) Director Bill Pulte referred Schiff to the DOJ due to allegations of mortgage fraud.
“As regulator of Fannie Mae, Freddie Mac, and the Federal Home Loan Banks, we take very seriously allegations of mortgage fraud or other criminal activity,” Pulte wrote in a letter to Attorney General Pam Bondi. “Such misconduct jeopardizes the safety and soundness of FHFA’s regulated entities and the security and stability of the U.S. mortgage market.”
“Based on media reports, Mr. Adam B. Schiff has, in multiple instances, falsified bank documents and property records to acquire more favorable loan terms, impacting payments from 2003-2019 for a Potomac, Maryland-based property,” Pulte added.
Last month, President Donald Trump drew attention to Schiff’s mortgage documents, demanding that he face jail time.
“Adam ‘Shifty’ Schiff is in BIG TROUBLE! 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,” Trump wrote on Truth Social. “Now Shifty should pay the price of prison for a real crime, not one made up by the corrupt accusers!”
