That is not necessarily a good thing. You need an expert to know how to tax and regulate new technology.
In the U.S., the opposing party typically grants great deference to an incoming President's political appointees (after all, he won the election). Not so, here. "The U.S. Senate voted 53-45 on Wednesday to confirm his nomination." Unlike many other Biden nominees, Gensler, a former Goldman Sachs︀ executive, didn’t get much deference from Republicans. Gensler is a globalist and a socialist --︁ and he obviously knows that the U.S. must maximize tax revenues to achieve those goals.︂