Gensler is horrible. I'm not a fan of him at all. If he were the Treasury Secretary of the U.S. I bet he would be drooling at the possibility of rolling out a CBDC.
When FTX imploded i think SEC did some shady stuff. Like they swang the banhammer across the industry hurting innocent businesses and people. In general the SEC has been a pita on the industry during his term. I think the reason most people dont think so is because despite of their efforts there was still a bull market. But i could be wrong.