So, here’s the latest move from President Donald Trump and his MAGA team—they’re going after political rivals by digging into alleged mortgage fraud. Yep, you heard that right!
Among those in the crosshairs are Senator Adam Schiff from California, New York Attorney General Letitia James, and even U.S. Federal Reserve Governor Lisa Cook. Economist Paul Krugman even mentioned in his recent appearance on MSNBC that he’s been inundated with messages from friends worried that the feds might be combing through mortgage details right now.
Krugman, who isn’t shy about his criticism of Trump, told host Ali Velshi it’s likely we’re witnessing a not-so-innocent fishing expedition. Referencing the infamous Stalin, he noted, “Show me the man and I’ll find you the crime,” implying we’re evolving into a country where that kind of thing gets a little too real.
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Legal expert Matt Ford spoke about these mortgage investigations on The New Republic’s podcast “The Daily Blast”, posted on September 9. He didn’t hold back, calling it a disturbing “abuse of power” and identifying it as a move that’s not just helpful to Trump’s personal interests, but also reeking of selectively going after people.
Ford remarked that there’s clearly no bona fide concern to be had here, as pursuing allegations not rooted in actual wrongdoing reflects a narrative bent on taking political foes down. He brought up Trump’s shady history with his own asset evaluation and the various legal troubles stemming from his real estate deals, suggesting a whole lot of hypocrisy given the current investigations.
Pulte from the Federal Housing Finance Agency also tried to challenge AG Letitia James along similar absurd lines, showing just how vindictive this whole scenario is, according to Ford, who likened it all to how one might spot a few jaywalkers while ignoring many others equal in guilt.
This isn’t just about playing rough with rivals, but Ford made it crystal clear—Trump earns no credibility points here, especially as it leads to broader repercussions from making unfair judgments precipitated by bouts of revenge.
If you ask Ford, this whole mortgage fraud tactic really harkens back to Watergate and the scrutiny faced during Nixon’s presidency. He emphasized, “It wasn’t about IRS records only, but showed the extent of how political tensions drove illicit actions.”
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For the complete New Republic podcast experience, check this link or catch the transcript of the discussion here.
