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Go look up the creation of bovine growth hormone and its regulatory process and you'll start to see that the FDA is most often dysfunctional at best. I'll give you a nutshell version as best I can. BGH was created by Monsanto (was largely a chemical and pesticide company.) They've repeatedly gone to great lengths to deprioritize human health. Polychlorinated biphenyls are another well documented example of that. Back to BGH, the head researcher and her assistant wrote their paper for approval by the FDA. Immediately quit their jobs, were hired by the FDA for the purpose of reviewing BGH for approval in the milk supply. Sus? Yeah. Of course it was approved. Then was passed to an FDA lawyer to see if it should be labeled for milks that contain it. The FDA lawyer had previously worked for Monsanto. It was decided that not only would it not be labeled, but they would regulate that milk could not be labeled as NOT containing it for fear of "confusing the consumer." It's a big organization though. I'm not claiming that everyone there is corrupt, but I will point out that Clarence Thomas was a former Monsanto lawyer, has never recused himself when the former biotech corporation was involved and always ruled in their favor.
This is only one facet of why regulation is slow to do the things that help the most people.