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US Blue States See Widening Federal Gap Against Financial Crime

Attorneys general in at least 10 U.S. states and a handful of state regulators have vowed to ramp up cases against corruption, cryptocurrency-based illicit finance and other crimes against which U.S. authorities plan to scale back enforcement, but may be hampered by limited resources. Calling themselves the "first and last line of defense" against President Donald Trump's policies, attorneys general in California, Connecticut, Illinois and other Democratic-led states have filed dozens of lawsuits against actions his administration has taken in a range of contentious areas, from immigration and the environment, to consumer protection and anti-financial crime. "There is an uptick...

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