Overview

• Administration officials informed Erik Siebert he is being removed, with his last day expected Friday, after his office declined to bring mortgage-fraud charges, according to reports.
• Prosecutors in the Eastern District of Virginia found no clear evidence that James knowingly committed fraud in her 2023 home purchase, sources said.
• Investigators determined a limited power of attorney cited by critics was not considered by loan officers in approving the mortgage.
• According to sources, the administration plans to install a prosecutor who will pursue the case more aggressively, a step critics warn could disrupt an office that handles major espionage and terrorism matters.
• The inquiry began with an April referral from FHFA Director Bill Pulte, and Siebert—recommended by Senators Mark Warner and Tim Kaine—was nominated by Trump in May.