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Lawmakers reacted sharply Thursday to the indictment of New York Attorney General Letitia James on bank fraud charges, with Democrats calling it a politically motivated act of revenge by President Donald Trump.

A federal grand jury in Virginia charged James with bank fraud and making false statements to a financial institution. The indictment centers on James’ purchase of a home in Norfolk. Prosecutors allege she falsely claimed it as a second residence to secure better loan terms before leasing it to tenants. James has denied wrongdoing, describing the charges as "political retribution."

"These charges are baseless, and the president’s own public statements make clear that his only goal is political retribution at any cos

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