i think its cute that you don't think the people in government don't profit by creating an environment of regulatory capture. Most of the internet is run by industry created standards, and it only got awful to use when government inserted itself making us have to click cookie pop-ups every time we enter a site.
The entire semiconductor industry is self regulated by SEMI-S2 leading to unparraleled safety despite using some of the most dangerous chemicals ever created.
large stores will only sell UL listed devices despite teh fact that getting a UL listing is NOT mandatory. Ask yourself why that is.
Finally explain how people leave government with multimillion dollar wealth despite low six figure salaries.
As I said, it's cute that you think they don't make money with regulation. Thats HOW they make money.