N.Y. AG Letitia James to be arraigned in federal bank fraud case

A grand jury indicted James this month after President Donald Trump called for her to be prosecuted.

New York Attorney General Letitia James, a longtime political foe of President Donald Trump who previously sued him for making misleading statements to banks, is scheduled to be arraigned Friday in federal court on bank fraud charges.

A grand jury in Virginia indicted James, a Democrat, this month, weeks after Trump posted a message on Truth Social pressing Attorney General Pam Bondi to take action against her and two other political adversaries.

James is charged with one count of bank fraud and one count of making false statements to a financial institution. The indictment alleges she falsely claimed that a home in Norfolk, Virginia, was her second residence, allowing her to obtain favorable loan terms, and that she rented the property to a family of three.

The indictment indicates she is alleged to have saved about $50 a month.

After she was charged, James called the allegations “baseless" and said Trump's "own public statements make clear that his only goal is political retribution at any cost.”