DOJ reviewing probe into Adam Schiff's alleged mortgage fraud, sources say

Key Concepts

• Mortgage Fraud Allegations
• Justice Department Review
• Federal Housing Finance Agency (FHFA)
• FEMA Overpayment Theft
• Congressional Expulsion Resolution
• House Ethics Committee Investigation
• Epstein Files (mentioned as a distraction)

Justice Department Review of Adam Schiff Investigation

The Justice Department is reportedly reviewing the investigation into alleged mortgage fraud by California Democratic Senator Adam Schiff. This review stems from a tip submitted by Christine Bish, a California Republican Congressional candidate. Bish informed CBS News that federal officials questioned her, not directly about Schiff, but about officials involved in investigating him. Specifically, the individuals mentioned were Bill Py, the head of the Federal Housing Finance Agency (FHFA), and Ed Martin, the Justice Department's current pardon attorney. Sources confirm to CBS News that there is a probe into the handling of the investigation into Adam Schiff. Bill Py had previously referred an investigation to the Justice Department concerning allegations of mortgage fraud. This review is ongoing, and now it appears that the probe itself may be under investigation. Senator Adam Schiff has declined to comment on these developments. A key question arising from this situation is whether Bill Py is losing favor within the administration.

Sheila Cherfilus-McCormick Charged with FEMA Theft

Florida Democratic Congresswoman Sheila Cherfilus-McCormick has been charged in a federal indictment with allegedly stealing $5 million, purportedly from FEMA. The congresswoman responded to the charges, stating that the indictment is unjust and that these are intimidation tactics. She suggested that these actions are intended to distract from the "Epstein files." Cherfilus-McCormick expressed her anticipation for her day in court to prove her innocence and state the truth. The accusation is that she received an overpayment from FEMA and allegedly funneled it to her congressional campaign in 2021.

Expulsion Resolution Against Sheila Cherfilus-McCormick

Florida Congressman Greg Stwie has filed an expulsion resolution against Congresswoman Cherfilus-McCormick. Stwie explained that his initial intention was to file a censure resolution. However, after reviewing the indictment and the alleged felonious activity, he believes the situation warrants expulsion. He has called for her resignation. Stwie also indicated that the House Ethics Committee is nearing the release of its report, which is expected to contain evidence and recommendations. He drew a parallel to the George Santos situation as a precedent for such actions in the House. Stwie believes the ongoing House Ethics Committee investigation could uncover further evidence that might compel Cherfilus-McCormick to resign. If she does not step down, he intends to proceed with the expulsion.

Synthesis/Conclusion

The transcript details two significant legal and political developments. Firstly, the Justice Department is scrutinizing the investigation into alleged mortgage fraud by Senator Adam Schiff, raising questions about the handling of the initial probe and the roles of FHFA head Bill Py and pardon attorney Ed Martin. Secondly, Congresswoman Sheila Cherfilus-McCormick faces federal charges for allegedly stealing $5 million from FEMA, with a fellow congressman initiating an expulsion resolution, citing the severity of the alleged crimes and drawing parallels to past congressional misconduct. Both situations highlight ongoing investigations and potential repercussions for elected officials.