New York AG Letitia James indicted for alleged bank fraud

New York Attorney General Letitia James was indicted on charges of bank fraud and making false statements to a financial institution by a federal grand jury in Virginia on Thursday, according to the Justice Department. Why it matters: It's the latest development in President Trump's long-running feud with James as he pursues retribution against political adversaries who pursued prosecutions against him during his first White House term and in the years after. What they're saying: "No one is above the law," U.S. Attorney Lindsey Halligan said in a news release announcing the indictment. "The charges as alleged in this case represent intentional, criminal acts and tremendous breaches of the public's trust," she said. "The facts and the law in this case are clear, and we will continue following them to ensure that justice is served."The intrigue: The indictment comes after U.S. Attorney Erik Siebert, left his post under pressure from Trump after he failed to bring fraud charges against James and former FBI Director James Comey, who was indicted last month after Siebert's resignation.Trump called on Attorney General Pam Bondi to pursue charges against James and Comey in a Sept. 20 Truth Social post.Siebert was replaced with Halligan, Trump's personal attorney who has no prosecutorial experience.Zoom out: Trump has repeatedly slammed James and her office, claiming that James was on a "witch hunt" and calling her "a totally corrupt politician" who should resign.James secured an astonishing $367 million fine in a civil fraud lawsuit against Trump for improper business practices in 2024, before a judge determined the hefty fine was too large and reversed the punishment. Trump has issued at least two subpoenas to James since retaking office in January, including for information related to his civil trial. James' attorneys told Axios at the time that subpoenas amounted to the "weaponization of the justice system" that "should disturb every American."Go deeper: These are the people Trump told the Justice Department to prosecute after Comey

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