Consumer protection is essential, but it should be integrated into the existing regulatory framework rather than creating separate agencies that complicate oversight.

The current regulatory framework is overly complex and ineffective, with multiple agencies responsible for different aspects of banking, leading to confusion and inefficiency.

Various government agencies, including the SEC and FTC, have been weaponized against industries like crypto and AI, which poses a significant threat to innovation and economic growth.

The government often grows without accountability, but recent experiences suggest that remote work inefficiencies in federal agencies could lead to a reevaluation of their roles and possibly their replacement with more effective solutions.

The consolidation of the banking industry post-2008 has led to fewer new banks being created, which limits competition and innovation.

The SEC's actions under the Biden administration have allowed it to dictate company practices without accountability, effectively exercising raw administrative power.

The American system of government has inherent flaws, including a diffusion of responsibility due to checks and balances, which can lead to a lack of accountability.

Regulatory capture occurs when large companies use government regulations to protect themselves from competition, which has been seen in various industries, including banking and food.

If I were running the FDIC, I would never have allowed banks to have such high interest rate exposure, which contributed to the failures of Silicon Valley Bank and First Republic Bank.