Democratic state attorneys general say they will redouble their consumer and financial services enforcement efforts if the CFPB slows down its enforcement.

"If incoming CFPB leadership prevents the agency's professionals from aggressively pursuing consumer abuse and financial misconduct, we will redouble our efforts at the state level to root out such misconduct and hold those responsible to account," the 17 state attorneys general, led by New York Attorney General Eric Schneiderman, said in a letter to President Trump.

The letter also is signed by Washington, D.C. Attorney General Karl Racine.

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