Trump invokes Russia collusion hoax while calling for longtime foe Schiff to face jail time

"Adam 'Shifty' Schiff is in BIG TROUBLE!" Trump posted to Truth Social Sunday evening. "He falsified Loan Documents. He once said my son would go to prison on a SCAM that Schiff, along with other Crooked Dems, illegally 'manufactured' in order to stage an actual coup." 

"My son did nothing wrong, knew nothing about the fictional story," he added. "It was an American Tragedy! Now Shifty should pay the price of prison for a real crime, not one made up by the corrupt accusers!" 

FHFA is an independent federal agency that oversees Fannie Mae, Freddie Mac and the Federal Home Loan Bank System. 

Schiff's office did not respond to Fox News Digital's request for comment Monday morning.

Trump publicly lambasted Schiff Tuesday over the alleged mortgage fraud, while Fannie Mae's financial crimes investigations concluded last week in a letter to the FHFA that Schiff allegedly engaged in "a sustained pattern of possible occupancy misrepresentation" on five Fannie Mae loans, Fox News Digital previously reported. 

"I have always suspected Shifty Adam Schiff was a scam artist," Trump posted to Truth Social Tuesday. "And now I learn that Fannie Mae's Financial Crimes Division have concluded that Adam Schiff has engaged in a sustained pattern of possible Mortgage Fraud." 

Schiff has passed off the allegations as a continuation of Trump's history of slamming the liberal lawmaker. 

"Since I led his first impeachment, Trump has repeatedly called for me to be arrested for treason," Schiff posted to X earlier in July after Trump first accused Schiff of mortgage fraud. "So in a way, I guess this is a bit of a letdown. And this baseless attempt at political retribution won't stop me from holding him accountable. Not by a long shot." 

She argued that the goal of Obama and his team was to essentially "not accept the decision of the American people" in 2016, and to use this "manufactured, politicized piece of intelligence" as a means to enact a "years-long coup against President Trump."

Schiff was an incredibly vocal lawmaker amid the Russian collusion claims, most notably when the House censured him in 2023 over his promotion that Trump's 2016 campaign colluded with Russia. Schiff served in the House representing California from 2001 to 2024, when he was sworn-in as a senator after his successful 2024 campaign to serve in the nation's upper chamber.

Schiff served as the ranking member of the House intelligence committee from 2015 to 2019, before becoming the committee's chair from 2019 to 2023. In that role, Schiff was kept up to date on classified materials surrounding the Russian collusion claims. 

Schiff advocated in 2018 that Donald Trump Jr., the president's son, face a subpoena amid Special Counsel Robert Mueller's investigation into claims Trump's 2016 campaign colluded with Russia to secure the election, which Trump cited in his latest Truth Social aimed at Schiff. Mueller's investigation, which wrapped up in March 2019, into the Russia claims determined there was no evidence of collusion between the Trump campaign and Russia.