President Biden signed an Executive Order to combat the escalating threat of transnational organized crime.

The CFPB ordered five companies to provide information regarding their "buy now, pay later" credit programs. The CFPB expects to publish findings on the risks of these programs concerning accumulation of debt, regulatory arbitrage and data harvesting.

In a year-end progress report, the Alternative Reference Rates Committee highlighted positive momentum in the transition away from USD LIBOR.

The Federal Reserve Board provided notice of the 2021 aggregate global indicator amounts, which went into effect December 17, 2021.

The SEC announced James E. Grimes as the agency's Chief Administrative Law Judge.