Sen. Adam Schiff (D-CA) is preparing for a legal war with President Donald Trump after the president accused him of mortgage fraud. Schiff has created a legal defense fund as the Justice Department investigates the allegations. Trump has appointed former D.C. U.S. Attorney Ed Martin as special attorney in the case.

The surprise early resignation of former Fed Governor Adriana Kugler, another Biden pick, gives Trump an early opening to nominate someone to the central bank’s board and steer its monetary policy trajectory more toward his preferred path. He has named one of his economic aides, Stephen Miran, to fill the slot on an interim basis.

President Donald Trump on Wednesday urged Federal Reserve governor Lisa Cook to resign after a top housing regulator accused her of mortgage fraud.

Some of Merchants’ rise was powered by loans to a group of players now in hot water. These operators made fraudulent transactions

Martin, wearing a beige trench coat, visited the Clinton Hill brownstone just one week after being appointed by Attorney General Pam Bondi to lead parallel mortgage fraud probes into James and California Sen. Adam Schiff, The New York Post reported.