California Democratic Sen. Adam Schiff Learns His Fate After Criminal Referral - 'We Take Very Seriously...

WASHINGTON, D.C. — April 21, 2026
Federal authorities are investigating Sen. Adam Schiff (D-CA) for potential mortgage fraud, according to a criminal referral from the Federal Housing Finance Agency (FHFA) to the Department of Justice.
The referral, first reported earlier this year and detailed in recent coverage, alleges that Schiff misrepresented property records on multiple occasions to obtain more favorable loan terms. The claims center on a home in Potomac, Maryland, purchased in 2003 for $870,000, which Schiff and his wife identified as their primary residence in mortgage applications and refinancing documents filed in 2009, 2011, 2012, and 2013.
During the same period, Schiff represented a California congressional district. Public records and media reports also indicate he claimed a homeowner’s tax exemption on a condominium in Burbank, California, listing it as his primary residence, which reduced his property tax by approximately $7,000.
FHFA Director Bill Pulte stated in a letter to Attorney General Pam Bondi and Deputy Attorney General Todd Blanche that the actions may constitute violations of federal criminal statutes, including wire fraud, mail fraud, bank fraud, and making false statements to financial institutions.
Schiff’s office has not issued an immediate public comment on the latest developments. In previous statements, representatives have described the allegations as politically motivated.
The case has drawn attention due to Schiff’s high-profile role in Congress, including his past involvement in intelligence and judiciary matters. Legal experts note that such referrals are reviewed by the Justice Department, which decides whether to pursue charges. If prosecuted and convicted, penalties for the alleged offenses could include significant fines and potential prison time.
The investigation is ongoing, and no charges have been filed at this time. Schiff has denied any wrongdoing in prior public statements.
The matter is part of broader scrutiny of financial disclosures and property records among public officials. Similar allegations have been raised against other members of Congress in recent years, though outcomes vary based on the evidence and legal thresholds.
CBS Host LOSES IT After Sen. Kennedy FACT CHECKS Her Trump LIES… THIS GOT BAD!...

CBS Host PRESSES John Kennedy on Trump’s Spending — His Answer Takes an Unexpected Turn

The interview began with some of the biggest questions facing Washington: the conflict with Iran, rising fuel costs, and the approaching midterm elections. But when Republican Senator John Kennedy appeared on Face the Nation with CBS host Margaret Brennan, the conversation quickly moved toward an issue that could shape the political debate for months to come: how the government spends taxpayers’ money.
Kennedy did not pretend that the economic pressure facing American families was insignificant. He argued that voters were far more concerned about the cost of living than the daily battles playing out on television. With oil prices affected by disruptions around the Strait of Hormuz, he said, the consequences of foreign policy were reaching directly into household budgets.
Kennedy Brings the Conversation Back to Affordability
Kennedy’s message to the White House was unusually direct. He predicted that the midterm elections would be close and argued that Republicans needed to keep their attention on the financial concerns of ordinary Americans.
“When moms and dads lie down to sleep at night and can't,” Kennedy told Brennan, they are worried about the cost of living.
He also called for a nationwide address explaining why the United States entered the conflict with Iran, what the administration hoped to achieve, and how it intended to bring the situation to a conclusion.
His position was not a blanket rejection of the administration’s strategy. Kennedy defended continued pressure on Iran while acknowledging the economic consequences of the partially closed strait. He opposed sending American troops into the situation, warning that deploying them could create a new set of problems.
That combination—support for pressure abroad alongside concern about prices at home—set the tone for the rest of the interview.
Nearly $1 Billion in Cuts Sparks a Constitutional Dispute
The conversation became more pointed when Brennan asked about the White House’s decision to cancel nearly $1 billion in previously approved federal funding without congressional consent.
Brennan raised concerns expressed by Senator Susan Collins, the Republican chair of the Senate Appropriations Committee, who argued that the move threatened Congress’s constitutional authority over federal spending.
Kennedy disagreed.
“I love Susan like a taco, but she's wrong,” he said before explaining his view that Congress often appropriates money in broad categories, leaving agencies with considerable discretion over how funds are ultimately used.
He then deployed the phrase that would become the interview’s most memorable sound bite: “Spending porn.”
Kennedy used the expression to criticize what he considers wasteful government expenditures, pointing to funding for circumcision programs in Zambia and electric buses in Rwanda. He also argued that Congress should take greater responsibility for identifying and eliminating spending it believes is unnecessary.
But the disagreement was about more than whether particular programs were worthwhile. It raised a larger question: when Congress approves funding, how much authority should the executive branch have to cancel or redirect it?
Kennedy defended the cuts, while Brennan’s question highlighted the legal and constitutional objections. The interview did not resolve that dispute, but it brought the competing arguments into sharp focus.
Then Kennedy Turned the Standard on Trump
The most revealing moment came when Brennan shifted from the proposed cuts to taxpayer-funded advertising.
She asked Kennedy about a government-funded commercial prominently featuring President Donald Trump and praising his leadership. The question echoed earlier controversy surrounding former Homeland Security Secretary Kristi Noem, whose department had spent $220 million on a border-security advertising campaign in which she appeared prominently.
Kennedy had previously criticized Noem’s campaign. Now, with Trump featured in another advertisement paid for by the federal government, Brennan asked whether that spending was appropriate.
Kennedy’s response was notable because he explicitly included his own political allies—and himself—in the principle he was defending.
“I don't think any public official, including President Trump or Kristi Noem or John Kennedy, should spend public money on private ads for themselves,” he said.
He acknowledged that the White House viewed the issue differently but argued that public funds should not be used to promote individual politicians. He also suggested that politicians should not have buildings named after them while they are still alive.
That answer complicated any attempt to portray his position as simply a defense of the administration. Kennedy supported the proposed spending cuts, but he also applied his criticism of taxpayer-funded self-promotion to Trump.
The Real Takeaway From the Interview
The exchange was not a shouting match, nor does the published transcript establish that Brennan lost her composure or that Kennedy fact-checked a series of false statements from her. What it does show is a pointed discussion about economic priorities, congressional spending authority, and whether public money should be used to enhance a politician’s image.
Kennedy’s argument was straightforward: families are worried about affordability, government spending deserves scrutiny, and the rules should apply regardless of party.
Whether viewers agree with his assessment of the proposed cuts is a separate question. The legal dispute over executive spending authority and the debate over taxpayer-funded political advertising deserve examination beyond a few memorable television lines.
The moment worth watching is when Brennan moves from criticizing government spending in general to asking Kennedy about an advertisement featuring Trump himself. That is where the discussion becomes more complicated—and where Kennedy’s stated principle is tested against his own party’s leadership.
Watch the full interview through the link below to hear the exchange in context and decide how convincing each side’s argument really was.