Yeah, regulation is another thing entirely from legislation.
I think US regulators are much less of an issue than US legislators, in that normal government employees know that they are not supposed to take money from the companies they regulate. I'm sure it happens, but I think we already have decent mechanisms in place to handle that sort of corruption. And if they turned out to be insufficient, the way we'd fix that is through legislation, so I'd still want to focus on that for now.
I think US regulators are much less of an issue than US legislators, in that normal government employees know that they are not supposed to take money from the companies they regulate. I'm sure it happens, but I think we already have decent mechanisms in place to handle that sort of corruption. And if they turned out to be insufficient, the way we'd fix that is through legislation, so I'd still want to focus on that for now.