Lately people with high a level of wealth and power like Ellison view themselves as a privileged class and have no pretense that their machinations should apply equally to all. The erosion of that norm, equality of all under the law, is the elephant in the room. If we can preserve that norm, points like yours easily undermine these arguments.
He’s already on his best behavior.
He doesn’t need to provide that, he’s a lord.
TBF, this article kinda is it, as they're playing back comments he made a year ago (under a different administration) during an earning's call.