House Republicans criticized the FTC rulemaking proposal to ban noncompete clauses, asserting that the proposal "exceeds its delegated authority and imposes a top-down, one-size-fits-all approach that violates basic American principles of federalism and free markets."

The SEC adopted a final rule to shorten the standard settlement cycle for most broker-dealer transactions from two business days after the trade date ("T+2") to one business day after the trade date ("T+1").

The SEC proposed amendments that would revise, remove or insert certain procedural provisions within the regulations promulgated under the Privacy Act of 1974, as amended.

The FTC and DOJ ordered MoneyGram to refund $115 million to nearly 40,000 consumers for its continued failure to protect against fraudulent scammers using their payment system.

FRB Governor Christopher J. Waller stated that crypto assets are "speculative" and risky for investors and financial intermediaries, but said agencies need to approach regulating the "crypto ecosystem" in a manner that does not "unduly limit" development.