What could possibly go wrong?

Yeah, the Obama administration is really pro-regulation. Sure:

under a new two-year pilot program at the USDA, regulators are training the world's biggest biotech firms, including Monsanto, BASF and Syngenta, to conduct environmental reviews of their own transgenic seed products as part of the government's deregulation process.

I'm sure that will work out just fine, just like every instance of an industry regulating itself. And I have this really nice bridge for sale, with some prime swampland too!