GAI Research Director Seamus Bruner joined Chanel Rion’s program to discuss allegations that Senator Adam Schiff (D-CA) committed mortgage fraud by claiming primary residences in both Maryland and California to secure lower interest rates and tax benefits.
The story, gaining traction after a letter from the Federal Housing Finance Agency (FHFA) director to Attorney General Pam Bondi, highlights discrepancies in Schiff’s tax filing records from 2002 to 2013. Schiff denies the claims, calling them politically motivated by President Trump to distract from other issues.
Schiff was one of a large number of people who were given blanket “preemptive” pardons by outgoing President Joe Biden during his last days in office, presumably to protect Schiff from being prosecuted for his actions related to Trump’s impeachment in 2020. That preemptive pardon from Biden raises questions about Schiff’s legal accountability and ability to plead the Fifth Amendment, with potential consequences including fines and reputational damage.