Senate confirms former top Wall Street regulator Gary Gensler as SEC chair

Flashback: Gensler worked as a partner at Goldman Sachs for 18 years before joining the Treasury Department in 1997.

• A progressive ally to Sen. Elizabeth Warren (D-Mass.), Gensler earned a reputation as an aggressive regulator and Wall Street foe while chairman of the CFTC.
• Gensler may also be in a good position to further bridge the gap between the crypto industry and securities laws, given his ongoing and deep interest in cryptocurrency technology, Axios' Kia Kokalitcheva reports.

Go deeper: Biden SEC pick is no stranger to crypto industry