1. The institutions are tremendously capable and trustworthy, and somehow people aren't trusting them as they rightly deserve. Then this lack of trust is a big, big problem! It's a mismatch and we need to figure out why people aren't trusting these otherwise great, selfless, highly competent institutions.
2. The institutions are incompetent, looking out for their interests vs the public, and doing things that otherwise make them untrustworthy. In this case, the lack of trust isn't a mistmatch between deserved trust and realized trust, it's the realized trust being in line with deserved trust.
Everyone might have their own take on if we're in a case 1 or case 2 scenario. I personally think it's more of a case 2 situation at this time.
Trying to identify your priors about what you expect as a baseline level of competence from a big org just based on them existing at all and having an authoritative name might help you learn something.