> First, realize that there is no such thing as the 'public interest'. The public is composed of different subdivisions of people, from everyone everywhere down to the individual.

I don't buy that at all, that's what regulations are for. There is no public interest in still having lead in our fuel [0], or arsenic in green wall paint [1]. To say regulations are not for public interest is to say why have any oversight of anything.

Should we say "well fuel companies can make fuel cheaper with lead so lets just remove those regulations.

[0] https://www.unep.org/news-and-stories/story/inside-20-year-c...

[1] https://en.wikipedia.org/wiki/Paris_green#:~:text=Because%20...

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