We're dealing with no regulation, no standards, no public oversight, no enforcement, no nothing. From a public interest perspective, when industry says 'regulatory reform,' what they really mean is 'responsibility relief'. The casualties of irresponsibility - that's who. Regulatory Relief has turned into Responsibility Relief and Democracy Avoidance.
Regulatory relief is often contrary to acting in the public interest.
Instead of businesses, developers, and agencies paying for the costs their projects bring to bear on us, we, the public pay with our health and our quality of life. Failures to properly enforce and implement many statutes has led to a cavalier attitude toward laws enacted to protect the public good. When it's a law they agree with, it's a law. Regulations get relief. Laws get enforcement.