August 6, 2025

investigations

Mortgage

Schiff denies Trump’s claims of mortgage fraud as Fannie Mae investigates senator

Sen. Adam Schiff (D-CA) on Tuesday denied accusations from President Donald Trump that he engaged in “possible mortgage fraud,” calling the allegations an attempt at “political retribution.”  Trump and Schiff have been at odds for years, with the Democratic senator having led a House impeachment of the president during his first term and establishing himself

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Investment

United Auto Workers union may have lost $80 million over investment blunder: report

A strange investment blunder might have cost the United Auto Workers union a colossal $80 million, according to a report on Monday. The union’s board voted in August 2023 to liquidate about $340 million in stock investments to pay striking workers starting the following month, and ordered the remaining funds be quickly re-invested after the

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