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The Wall Street Publication > Blog > Politics > This Democrat is hanging again towards Trump’s bogus fraud cost
Politics

This Democrat is hanging again towards Trump’s bogus fraud cost

Editorial Board Published November 26, 2025
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This Democrat is hanging again towards Trump’s bogus fraud cost
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The Trump administration has been working laborious to gin up some type of felony costs towards Democratic Rep. Eric Swalwell of California, selecting the now-familiar method of declaring that he dedicated mortgage fraud.

Besides it appears to be like quite a bit like there may be not really any fraud.

Instrumental in all of this harassment is Federal Housing Finance Company Director Invoice Pulte, President Donald Trump’s loyal assault canine who one way or the other at all times finds fraud dedicated by the individual Trump is focusing on. 

Pulte is arguably one of many worst folks on this administration, a slumlord who received his job by sucking as much as Trump on X. However he’s confirmed to be extraordinarily morally versatile, which is at all times a bonus within the Trump administration.

This Democrat is hanging again towards Trump’s bogus fraud cost
Federal Housing Finance Company Director Invoice Pulte

Earlier this month, Pulte made a felony referral to the Justice Division about Swalwell’s alleged mortgage fraud. The following step on this acquainted dance could be to discover a malleable U.S. legal professional and hope they’ll get an indictment, similar to they did with former FBI Director James Comey and New York Lawyer Common Letitia James. 

Effectively, on second thought, not fairly like Comey and James, since each of these indictments had been simply thrown out.

However Swalwell isn’t going to attend round to undergo the method of getting Washington U.S. Lawyer Jeanine Pirro invent possible trigger to safe a felony indictment, although Pirro has set a land-speed report for essentially the most grand jury no-bills, and her trials aren’t going so sizzling both. 

As a substitute, Swalwell sued Pulte and the FHFA. 

First, Swalwell’s grievance tackles Pulte’s allegation that he claimed Washington residence so he may get higher mortgage charges. Besides that there’s a sworn affidavit connected to the mortgage settlement for that dwelling saying that it’s his spouse’s major residence. 

So annoying when details get in the best way of your vindictive prosecutions, proper?

Swalwell additionally says that the felony referral violates the First Modification as a result of he’s clearly being focused for his political speech, which makes Trump mad. As a lot as Trump would really like it to be in any other case, it isn’t against the law to talk out towards him. 

What Swalwell’s grievance actually highlights is that his felony referral is actually similar to these of practically everybody else the administration has focused—all fueled by obscure, nebulous, and incorrect mortgage fraud allegations. It was the premise for indicting James, and it’s the premise of Trump’s efforts to drive Federal Reserve Governor Lisa Prepare dinner to step down. 

FILE - Former FBI director James Comey speaks during a Senate Intelligence Committee hearing, June 8, 2017, on Capitol Hill, in Washington.  (AP Photo/Andrew Harnik, File)
Former FBI Director James Comey, who was additionally focused by a sham mortgage fraud cost from the Trump administration. 

It’s additionally the premise for the determined try to indict Democratic Sen. Adam Schiff of California, which received so shambolic that Pulte and U.S. Pardon Lawyer Ed Martin are apparently cold-calling and messaging strangers to discover a approach to criminally cost Schiff. 

Pulte is studiously ignoring the truth that there are a number of Trump Cupboard members with the identical preparations that he alleges are fraudulent—at the very least when Democrats do it. He’s additionally ignoring the truth that his mom and stepfather dedicated just a little gentle fraud by declaring two homestead exemptions, which saved them a cool $158,000 in taxes in 2025. 

Too unhealthy that when this story surfaced, Michigan tax officers declared that they might instantly revoke the homestead exemption and difficulty revised tax payments, together with all penalties and curiosity. In all probability not the result Pulte had in thoughts. 

Loads of different high-level administration officers even have comparable mortgage preparations, however it’s solely fraud if Democrats do it, foolish. 

Treasury Secretary Scott Bessent needn’t fear that he has declared two major residences. And Labor Secretary Lori Chavez-DeRemer can relaxation straightforward figuring out that Pulte won’t come after her for her two major residence mortgages that she received back-to-back in a short time. Transportation Secretary Sean Duffy received’t get jammed up with felony costs for his two major residences. And EPA Director Lee Zeldin definitely received’t get in any hassle for his two residences both.

It’s not totally clear how profitable Swalwell’s go well with shall be, however bravo to him for attempting.

TAGGED:boguschargeDemocratfraudstrikingTrumps
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