Have the Attorneys General of several states collaborated with the Consumer Financial Protection Bureau on legal actions?

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The statement is true because various Attorneys General from multiple states have indeed collaborated with the Consumer Financial Protection Bureau (CFPB) on legal actions. This collaboration arises from the shared goal of protecting consumers from unfair, deceptive, or abusive practices in the financial sector. The Attorneys General often pursue actions to enforce state laws that align with federal regulations, bolstered by the additional resources and expertise the CFPB brings to such initiatives. Collaborating allows them to address broader issues of consumer protection more effectively than they could tackle on their own.

Recognizing that individual states can face constraints in resources and jurisdiction, partnering with the CFPB amplifies their impact and raises awareness for systemic issues across state lines. This cooperative approach has been seen in several significant legal actions aimed at holding companies accountable for practices that harm consumers.

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