Grand Jury Probes FHFA Director and DOJ Official Over Actions in Schiff and James Investigations

A federal grand jury is investigating actions taken by Federal Housing Finance Agency (FHFA) director Bill Pulte and a Department of Justice official, Ed Martin, that relate to separate probes into Senator Adam Schiff (D-CA) and New York Attorney General Letitia James (D).

The inquiry examines whether steps by Pulte and Martin had any improper effect on those high-profile investigations. The matter is described as developing; a grand jury investigation can lead to subpoenas or indictments but does not constitute a finding of guilt.

Media interview and context

Senior investigative reporter Carol Leonnig discussed the inquiry with host Katy Tur, outlining the basic contours of the probe and stressing that investigators are reviewing actions and communications tied to the two separate investigations. Leonnig noted the importance of allowing the grand jury process to run its course while recognizing the political sensitivity of cases involving prominent officials.

What to watch next

Key points to follow include whether the grand jury issues indictments or subpoenas, whether additional witnesses or officials are drawn into the inquiry, and any official responses from the FHFA or the Justice Department. Observers should also note that the existence of a grand jury investigation does not imply wrongdoing—only that prosecutors are seeking more facts.

Note: This is an unfolding investigation; details may change as new information becomes available.