0:00
Another legal battle could be brewing between President Trump and New York Attorney General Letitia James
0:04
This time, it's the Trump administration accusing her of mortgage fraud. Fox Ice Morgan McKay has details on this bombshell allegation. So Morgan, what do we know
0:12
Yeah, Steve and Natasha, the Federal Housing Finance Agency is alleging that State Attorney General Letitia James engaged in mortgage fraud
0:19
And now the agency has made a criminal referral to the Justice Department seeking federal prosecution
0:24
The agency is alleging that Attorney General James falsified records in order to get home loans for a property in Virginia
0:31
They say she claimed as her principal residence in 2023. According to the federal agency, as Attorney General, James is required by law to have her primary residence in New York
0:42
The agency also alleges that James in numerous documents misrepresented a building she bought in Brooklyn, saying it only had four units instead of five
0:52
And they allege that James purchased another property with her father as a cosigner but falsely listed the pair as husband and wife in 1983 and 2000 But these allegations are somewhat similar to the ones that President Donald Trump faced James won a civil case against Trump in 2023 that found him guilty of overvaluing his properties
1:14
in order to take out more favorable loans. Trump is currently appealing that decision
1:20
In a statement, James' office said, quote, Attorney General James is focused every single
1:24
day on protecting New Yorkers, especially as this administration weaponizes the federal
1:29
government against the rule of law and the Constitution. She will not be intimidated by
1:33
bullies no matter who they are. Attorney Imran Ansari weighs in. What's ironic about this is
1:40
that Trump and his supporters have always called out that the prosecutions against him and others
1:46
were politically motivated. Now that he's in office, if this is in fact a charge that that's
1:51
going to be brought, the same argument can be used against him and the administration
1:55
Now, no charges have been filed at this time. The criminal referral was also dropped on the
2:02
same day that Attorney General James confirmed that her office is investigating whether the
2:06
Trump administration engaged in insider trading during last week's 90-day tariff pause
2:12
Steve and Natasha. All right, Morgan, thank you so much