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Power Play: Politician Sues Over Mortgage Probe

USAThursday, November 27, 2025
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Rep. Eric Swalwell has taken legal action against Bill Pulte, the head of the Federal Housing Finance Agency (FHFA). Swalwell claims Pulte misused his authority to investigate mortgage records of prominent Democrats, including himself.

Allegations and Claims

The lawsuit alleges that Pulte dug into the private mortgage information of several Democrats, including:

  • Rep. Eric Swalwell
  • Sen. Adam Schiff
  • New York Attorney General Letitia James
  • Federal Reserve Governor Lisa Cook

All have denied any wrongdoing. Swalwell's attorneys argue that Pulte's actions were a clear abuse of power and violated privacy laws.

Pulte's Defense and Criticism

Pulte has defended his actions, stating that everyone should be held accountable under the law. However, critics point out that his investigations have only targeted Democrats, raising questions about political motivation.

The timing of Pulte's probe into Swalwell's mortgages is particularly suspicious, as it coincided with Swalwell's campaign launch for California governor.

Potential Harm and Reputation Damage

The lawsuit highlights the potential harm caused by Pulte's actions. Swalwell's attorneys argue that the public exposure of his family's private information has put them at risk. They claim this was a deliberate attempt to damage Swalwell's reputation at a crucial time in his career.

Broader Concerns and Investigations

Other Democrats have also faced scrutiny from Pulte's investigations. Sen. Adam Schiff has denied any wrongdoing regarding his mortgage records and has been vocal in criticizing Pulte and Trump for targeting political opponents. Schiff's attorney has even suggested that the Justice Department should investigate Pulte's actions.

The situation has raised broader concerns about the misuse of government power. Rep. Robert Garcia has questioned Pulte's motives and the recent firing of the acting FHFA inspector general. The lack of response from Pulte and the White House has only fueled speculation.

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