Well I'm definitely not one to justify what the current administration is doing, maybe someone else coming by could try to help make that case.

I largely agree with your criticisms of them. Where I expect we differ is that I would rather remove powers currently granted to them rather than see further federal powers created.

For example, I don't want to see a crypto policy in the US and I'm not aware of what problem it would be solving. If people want to gamble on crypto that's their choice. If they get taken by rug pulls and scams, well that is the result of decisions they made. What I don't want is an ethos expecting the government to know what is best for everyone and force rules upon us because they believe we won't make good decisions and can't or won't be responsible for the outcomes.

Edit: I missed the very end of your comment. No, I don't think we should empower banks to imprison individuals based on unpaid debts. That's already covered though, it isn't legal for a corporation or and individual to imprison a person. Why would we be reverting to such a world?