"Insiders close to Swalwell said, in the words of MSNBC, that Swalwell had all but decided he is running for governor and that Swalwell's announcement could come as early as next week. This indicates that Swalwell is not terribly worried about a potential Trump prosecution against him, one that he almost certainly knew in advance was coming."
"Because three hours before that MSNBC story broke, the news also broke that the Trump Justice Department was accusing Swalwell of mortgage fraud, and may open a criminal probe into him, as KTVU reported. This is likely an extension of Trump's clearly stated desire to prosecute his political enemies, with mortgage fraud allegations being one of the preferred weapons of choice. NBC News points out that Trump is also pursuing mortgage fraud prosecutions of California Senator Adam Schiff, New York Attorney General Letitia James, and Federal Reserve Governor Lisa Cook."
"In Swalwell's case, this is not yet a formal prosecution, but instead a letter from Federal Housing Finance Agency (FHFA) Director Bill Pulte to US Attorney General Pam Bondi suggesting that a criminal probe may be in order over Swalwell's claiming of multiple primary addresses on mortgage applications. That's funny, because a September investigation by ProPublica found that three sitting Trump cabinet members also claimed multiple primary addresses on their mortgage applications."
The Trump Department of Justice opened a probe into East Bay Congressman Eric Swalwell over alleged mortgage fraud involving claimed multiple primary addresses on mortgage applications. Three hours before outlets reported Swalwell's potential 2026 California gubernatorial bid, news emerged that the DOJ was accusing Swalwell and might open a criminal probe. Insiders said Swalwell had almost decided to run and might announce as early as next week, suggesting limited concern about the potential prosecution. FHFA Director Bill Pulte sent a letter to U.S. Attorney General Pam Bondi recommending a criminal inquiry. Reporting by NBC, ProPublica, and Reuters found similar address claims among other political figures and some Trump cabinet members.
Read at sfist.com
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