Congress passed the Consolidated Appropriations Act, which includes the Adjustable Interest Rate (LIBOR) Act.

The New York Department of Financial Services recovered more than $60 million as a result of consumer and health care provider complaints filed in 2021.

The U.S. Treasury Department initiated a new effort to "develop consumer-friendly, trustworthy and consistent educational materials, tools and outreach to help consumers make informed choices about digital assets."

SEC Acting Chief Accountant Paul Munter reviewed the concepts of materiality in reporting and disclosure, emphasizing the importance of using an objective assessment when identifying material errors in financial statements.