Robert Reich: The FDA, FAA Oversee Elon Musk’s Neuralink and SpaceX, What Would One Expect Them to Do in Terms of Oversight?
EXCERPT:
REICH: “So, Elon Musk, for example, he has six big, big firms. The Food and Drug Administration, for example, oversees one of his major enterprises called Neuralink. Well, the FDA has had a lot of people fired, essentially, by Elon Musk and Elon Musk’s troops. Or take the Federal Aviation Administration, the FAA. That oversees SpaceX, which is a huge enterprise and very profitable enterprise from Elon Musk. Well, those people have also, at the FAA, been downsized, but a lot of them have lost their jobs. What are they — what do you expect them to do in terms of overseeing SpaceX? Or I could go on. This Consumer Financial Protection Board, which is extraordinarily important, Tesla has a lot of financial issues with regard to consumer debt, and also, Musk has talked about using X as a payment system. Well, what are you going to expect in terms of very strong oversight from an agency that is being attacked by Musk? Time and again, over and across the government, we see conflicts of interest which are going to, if they haven’t already, minimize the degree to which Musk’s enterprises are being vetted and overseen as they should be overseen."




