The Senate voted Tuesday to extend Gary Gensler’s term as chair of the Securities and Exchange Commission (SEC) through 2026, cementing his control of the top regulator of U.S. financial markets.

The Senate vote was 54-45, with four Republicans voting in favor. Gensler had already been confirmed to the SEC last week, although it was only to fill the term of former Chair Jay Clayton, which ends in June.

Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...