Senator Cornyn presents the law of Letitia targeting civil servants for fraud

First on Fox: A Senate republican wants to suppress officials who use their position to develop their wealth.

Senator John CornynR-Texas, should introduce legislation that would create more severe sanctions for civil servants who commit federal banking fraud, tax fraud or fraud to loans or mortgage loans. In two cases, Cornyn’s bill, in two cases where senior officials and legislators were struck by allegations of mortgage fraud.

The Federal Housing Manager submitted a Schiff criminal reference to the DOJ on mortgage documents

Senator John Cornyn, R-Texas, is seen after the Senate lunches at the American Capitol on Tuesday, June 3, 2025. (Tom Williams / CQ-Roll Call, included via Getty Images)

Indeed, the tools for applying the Cornyn law to prohibit disturbing investments in the Demeure Act (Letitia) is called the Prosecutor General of New York Letitia James.

The Ministry of Justice opened an investigation into James earlier this year, which successfully won a civil affair last year against President Donald Trump and his Trump organization for allegations of defective business practices, for alleged mortgage fraud.

Senator Adam Schiff, D-Calif., On the left, and the Attorney General of New York Letitia James were struck by allegations of mortgage fraud. (AP)

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The Federal Director of Finance on Housing, Bill Pulte, allegedly allegedly allegedly, could have initiated mortgage fraud by making false or misleading statements on property files, such as a loan request which said that his property in Virginia is his main residence, a construction file indicating his multifamilial property Brooklyn has been incorrect five residences instead of four and a mortgage Falsified James was his joint father.

“This legislation will allow President Trump to hold twisted politicians like Letitia James de New York responsible for the fraud of their voters, violating their oath and breaking the law, and I am proud to direct my republican colleagues by presenting it,” said Cornyn in a statement.

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The American senator Adam Schiff (D-CA), joined by Senator Chris Murphy (D-CT), speaks during a press conference presenting the prohibition of assault weapons of 2025 on April 30, 2025, in Washington, DC.

Cornyn’s bill also intervenes after his colleague Senator Adam Schiff, D-Calif., Was also struck by mortgage fraud.

In another letter to the Ministry of Justice, Pulte accused that Schiff falsifies banking documents and property files by scoring houses in Maryland and California as his main residence by effort to obtain more favorable loans.

The bill, which has so far been co -sponsored by six republicans of the Senate, would increase the maximum legal penalties and fines for civil servants who abuse their offices and violate public trust to commit banking fraud, fraud to loans or mortgage loans, or tax fraud.

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He would create compulsory minimum penalties, including a year for banking fraud, one year for fraud to loans or mortgages, and six months for tax fraud. And if an official engages in a repeated infringement scheme, the minimum sentences go to five years for banking or loan fraud and two years for tax fraud.

Fox News Digital contacted James and Schiff to comment but did not immediately hear.