Trump administration plans to slash funding for the Consumer Financial Protection Bureau leave large federal banks without a functioning fraud watchdog—a major regulatory gap, according to a group of state attorneys general.

With the CFPB’s “dormancy,” no federal regulator is conducting anti-consumer-fraud examinations on very large banks such as JPMorgan and Wells Fargo, a group of 23 state led by New York Attorney General Letitia James said in a court filing Wednesday. The AGs didn’t accuse any banks of wrongdoing.