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 contin

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