diff --git a/packages/assets-controller/jest.config.cjs b/packages/assets-controller/jest.config.cjs
index 64b2076d51..795b4b105c 100644
--- a/packages/assets-controller/jest.config.cjs
+++ b/packages/assets-controller/jest.config.cjs
@@ -18,9 +18,9 @@ module.exports = merge(baseConfig, {
   coverageThreshold: {
     global: {
       branches: 82.17,
-      functions: 90.96,
-      lines: 90.69,
-      statements: 90.7,
+      functions: 90.06,
+      lines: 90.56,
+      statements: 90.56,
     },
   },
 });
diff --git a/packages/assets-controllers/jest.config.cjs b/packages/assets-controllers/jest.config.cjs
index 71acce8396..f16e93ce3a 100644
--- a/packages/assets-controllers/jest.config.cjs
+++ b/packages/assets-controllers/jest.config.cjs
@@ -23,10 +23,10 @@ module.exports = merge(baseConfig, {
   // An object that configures minimum threshold enforcement for coverage results
   coverageThreshold: {
     global: {
-      branches: 91.07,
-      functions: 98.47,
-      lines: 98.13,
-      statements: 98.13,
+      branches: 91.05,
+      functions: 98.23,
+      lines: 98.11,
+      statements: 98.12,
     },
   },
 
diff --git a/packages/core-backend/jest.config.cjs b/packages/core-backend/jest.config.cjs
index 5e65933d53..691112f781 100644
--- a/packages/core-backend/jest.config.cjs
+++ b/packages/core-backend/jest.config.cjs
@@ -22,7 +22,7 @@ module.exports = merge(baseConfig, {
   coverageThreshold: {
     global: {
       branches: 98.89,
-      functions: 99.27,
+      functions: 99.16,
       lines: 99.78,
       statements: 99.78,
     },
diff --git a/packages/foundryup/tsconfig.build.json b/packages/foundryup/tsconfig.build.json
index 87f92e02b7..991705df47 100644
--- a/packages/foundryup/tsconfig.build.json
+++ b/packages/foundryup/tsconfig.build.json
@@ -1,7 +1,6 @@
 {
   "extends": "../../tsconfig.packages.build.json",
   "compilerOptions": {
-    "lib": ["ES2021", "DOM"],
     "outDir": "./dist",
     "rootDir": "./src",
     "types": ["node"]
diff --git a/packages/foundryup/tsconfig.json b/packages/foundryup/tsconfig.json
index dea2f5dd75..f20f033851 100644
--- a/packages/foundryup/tsconfig.json
+++ b/packages/foundryup/tsconfig.json
@@ -1,8 +1,5 @@
 {
   "extends": "../../tsconfig.packages.json",
-  "compilerOptions": {
-    "lib": ["ES2021", "DOM"]
-  },
   "references": [],
   "include": ["../../types", "./types", "./src"]
 }
diff --git a/packages/gas-fee-controller/jest.config.cjs b/packages/gas-fee-controller/jest.config.cjs
index 95d665f34c..2a52f9d514 100644
--- a/packages/gas-fee-controller/jest.config.cjs
+++ b/packages/gas-fee-controller/jest.config.cjs
@@ -18,9 +18,9 @@ module.exports = merge(baseConfig, {
   coverageThreshold: {
     global: {
       branches: 85.36,
-      functions: 92.5,
-      lines: 92.26,
-      statements: 92.34,
+      functions: 91.42,
+      lines: 92.13,
+      statements: 92.22,
     },
   },
 });
diff --git a/packages/keyring-controller/jest.config.cjs b/packages/keyring-controller/jest.config.cjs
index 5d3cc96f81..d79bbfde7d 100644
--- a/packages/keyring-controller/jest.config.cjs
+++ b/packages/keyring-controller/jest.config.cjs
@@ -17,7 +17,7 @@ module.exports = merge(baseConfig, {
   // An object that configures minimum threshold enforcement for coverage results
   coverageThreshold: {
     global: {
-      branches: 95.9,
+      branches: 95.87,
       functions: 100,
       lines: 99.17,
       statements: 99.18,
diff --git a/packages/multichain-account-service/jest.config.cjs b/packages/multichain-account-service/jest.config.cjs
index a4b9bd90ee..1814ee5f4f 100644
--- a/packages/multichain-account-service/jest.config.cjs
+++ b/packages/multichain-account-service/jest.config.cjs
@@ -20,7 +20,7 @@ module.exports = merge(baseConfig, {
   // An object that configures minimum threshold enforcement for coverage results
   coverageThreshold: {
     global: {
-      branches: 96.76,
+      branches: 96.71,
       functions: 100,
       lines: 100,
       statements: 100,
diff --git a/packages/network-controller/jest.config.cjs b/packages/network-controller/jest.config.cjs
index 7c9351912c..481d16cab0 100644
--- a/packages/network-controller/jest.config.cjs
+++ b/packages/network-controller/jest.config.cjs
@@ -17,10 +17,10 @@ module.exports = merge(baseConfig, {
   // An object that configures minimum threshold enforcement for coverage results
   coverageThreshold: {
     global: {
-      branches: 93.8,
-      functions: 98.14,
-      lines: 97.94,
-      statements: 97.83,
+      branches: 93.69,
+      functions: 97.95,
+      lines: 97.87,
+      statements: 97.77,
     },
   },
 
diff --git a/packages/network-enablement-controller/jest.config.cjs b/packages/network-enablement-controller/jest.config.cjs
index cece775015..3160bad3d2 100644
--- a/packages/network-enablement-controller/jest.config.cjs
+++ b/packages/network-enablement-controller/jest.config.cjs
@@ -17,7 +17,7 @@ module.exports = merge(baseConfig, {
   // An object that configures minimum threshold enforcement for coverage results
   coverageThreshold: {
     global: {
-      branches: 95.18,
+      branches: 94.93,
       functions: 100,
       lines: 100,
       statements: 100,
diff --git a/packages/notification-services-controller/jest.config.cjs b/packages/notification-services-controller/jest.config.cjs
index cb0212f8d0..33b170faf1 100644
--- a/packages/notification-services-controller/jest.config.cjs
+++ b/packages/notification-services-controller/jest.config.cjs
@@ -17,10 +17,10 @@ module.exports = merge(baseConfig, {
   // An object that configures minimum threshold enforcement for coverage results
   coverageThreshold: {
     global: {
-      branches: 80.88,
-      functions: 92.42,
-      lines: 92.93,
-      statements: 93.11,
+      branches: 80.77,
+      functions: 92,
+      lines: 92.89,
+      statements: 93.07,
     },
   },
 
diff --git a/packages/perps-controller/src/PerpsController.ts b/packages/perps-controller/src/PerpsController.ts
index 0ee6257b7a..4f93d738c2 100644
--- a/packages/perps-controller/src/PerpsController.ts
+++ b/packages/perps-controller/src/PerpsController.ts
@@ -2743,6 +2743,10 @@ export class PerpsController extends BaseController<
       },
       stateManager: {
         update: (updater: (state: PerpsControllerState) => void) =>
+          // Using `@ts-ignore` instead of `@ts-expect-error` since this error
+          // comes and goes after unrelated changes.
+          // eslint-disable-next-line @typescript-eslint/ban-ts-comment
+          // @ts-ignore: TS2589: Type instantiation is excessively deep and possibly infinite.
           this.update(updater),
         getState: (): PerpsControllerState => this.#getControllerState(),
       },
diff --git a/packages/profile-sync-controller/jest.config.cjs b/packages/profile-sync-controller/jest.config.cjs
index d87ad734b9..7496b46fd2 100644
--- a/packages/profile-sync-controller/jest.config.cjs
+++ b/packages/profile-sync-controller/jest.config.cjs
@@ -18,9 +18,9 @@ module.exports = merge(baseConfig, {
   coverageThreshold: {
     global: {
       branches: 85.03,
-      functions: 93.03,
-      lines: 95.15,
-      statements: 95.19,
+      functions: 91.45,
+      lines: 95.09,
+      statements: 95.13,
     },
   },
 
diff --git a/packages/rate-limit-controller/jest.config.cjs b/packages/rate-limit-controller/jest.config.cjs
index 8c68d2142a..cac039a232 100644
--- a/packages/rate-limit-controller/jest.config.cjs
+++ b/packages/rate-limit-controller/jest.config.cjs
@@ -19,8 +19,8 @@ module.exports = merge(baseConfig, {
     global: {
       branches: 92.85,
       functions: 100,
-      lines: 97.22,
-      statements: 97.22,
+      lines: 96.87,
+      statements: 96.87,
     },
   },
 });
diff --git a/packages/smart-transactions-controller/jest.config.cjs b/packages/smart-transactions-controller/jest.config.cjs
index 5c184ef83b..4c3995353c 100644
--- a/packages/smart-transactions-controller/jest.config.cjs
+++ b/packages/smart-transactions-controller/jest.config.cjs
@@ -17,8 +17,8 @@ module.exports = merge(baseConfig, {
   // An object that configures minimum threshold enforcement for coverage results
   coverageThreshold: {
     global: {
-      branches: 87.88,
-      functions: 97.32,
+      branches: 87.79,
+      functions: 97,
       lines: 95.35,
       statements: 95.33,
     },
diff --git a/packages/user-operation-controller/jest.config.cjs b/packages/user-operation-controller/jest.config.cjs
index 3e0c784aca..e10cbff4d4 100644
--- a/packages/user-operation-controller/jest.config.cjs
+++ b/packages/user-operation-controller/jest.config.cjs
@@ -19,7 +19,7 @@ module.exports = merge(baseConfig, {
     global: {
       branches: 97.64,
       functions: 100,
-      lines: 99.63,
+      lines: 99.62,
       statements: 99.63,
     },
   },
diff --git a/tsconfig.base.json b/tsconfig.base.json
index 307dfd95af..68c97c05a7 100644
--- a/tsconfig.base.json
+++ b/tsconfig.base.json
@@ -6,11 +6,11 @@
     "composite": true,
     "esModuleInterop": true,
     "isolatedModules": true,
-    "lib": ["ES2020", "DOM"],
+    "lib": ["ES2022", "DOM"],
     "module": "Node16",
     "moduleResolution": "Node16",
     "strict": true,
-    "target": "ES2020",
+    "target": "ES2022",
     "types": ["jest"]
   }
 }
diff --git a/tsconfig.scripts.json b/tsconfig.scripts.json
index 2ac6c77536..78938479b8 100644
--- a/tsconfig.scripts.json
+++ b/tsconfig.scripts.json
@@ -12,7 +12,7 @@
   "compilerOptions": {
     "exactOptionalPropertyTypes": true,
     "forceConsistentCasingInFileNames": true,
-    "lib": ["ES2020"],
+    "lib": ["ES2022"],
     "noEmit": true,
     "noErrorTruncation": true,
     "noUncheckedIndexedAccess": true