Sure. In the abstract. But in practicality, it doesn't pass the smell test. Just like if I committed a crime and my mother was judge of the case, there isn't anything specifically wrong with it. But there are potential issues of conflict of interest and she should probably recuse herself from the case.

> in fact, good regulation should include the input of the regulated industries (failure to do so was a causative factor in the bankruptcy of railroads in the 60s and 70s).

Of course regulatory agencies need input from the industry. But there is a difference between providing input and leading the agency. I'm all for input. I'm not too keen on former Directors, CEOs, etc of banks, ISPs, etc leading agencies that regulate those companies. Especially when we have people going back and forth between regulatory agencies and companies.