James will enter the race as a formidable candidate for the Democratic nomination just months after issuing a damning report that drove Andrew Cuomo from office in a sexual harassment scandal.
James, 63, is the first woman elected as New York's attorney general and the first Black person to serve in the role.
The three people familiar with her plans were not authorized to speak publicly. James is expected to make an announcement later this week, according to one of the people. Hochul, who is from the Buffalo area, entered office with a reputation as a political centrist but has been striving to win over New York City progressives, making numerous appearances in the city during her first months in office.
Since she became attorney general in 2019, her office has investigated Trump's business affairs and sued the Republican's administration dozens of times over federal policies on immigration, the environment and other matters. Cuomo and his political advisers assailed the report as an unfair and inaccurate hit job, designed to drive him out of a job James coveted. But he resigned from office in August, saying the state couldn't afford the distraction of an impeachment fight.
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