Progressives, who supported Mr. Gensler’s nomination, are hopeful the veteran regulator will use the SEC’s oversight of Wall Street and public companies as a lever to advance broad domestic policy goals, from fighting climate change to advancing diversity in the workplace.

It's no longer about the economy, stupid.

It's about control.

Mr. Gensler also faced questions about a proposal pending before the SEC from Nasdaq Inc. to require the thousands of companies listed on its stock exchange to include women, racial minorities and LGBT individuals on their boards.

Democrats say the SEC should require publicly listed companies’ financial disclosures to include more information about diversity and worker pay. They are also calling for more comprehensive reporting about the risks they face from climate change or government efforts to curb it, and for disclosure of political spending by companies, citing the potential for such activity to affect firms’ reputations.

Right to your face they'll tell you exactly what they're doing and why. They want to more openly become able to bully political opposition and neutral parties into adopting their policies.

The GME fiasco will not be used by those in power to deal with the out-of-control hedge funds, market makers, or brokerages that bet against the nation, but will instead be used to clamp down on individual traders ability to organize and to institute social change.