I used to work for government regulators and this is a such a bizarre view of regulation.
Trust me, people on my team weren't up at night scheming how we might put the squeeze on a companies, and what nice new regulations we might implement to make things harder on businesses.
We barely had the resources to enforce important regulations that everyone would agree should exist.
Please read up on the history of any regulatory body in the US. Nearly every governing body we have and every regulation on the books was create after there was abuse. Regulations in the Federal government are almost never proactive, and as a general rule the regulators I knew had no interest in expanding their purview.
In fact, it's quite uncommon for regulations of any kind to be enforced until you basically force yourself to get caught. Most regulatory agencies are underfunded and understaffed by design. It's a reason so many startups perform regulatory arbitrage for years without consequences, even when their actions are quite harmful to the society overall.