I'm not in the US, but it seems like you, as a nation, need to get your retail banking system in order. You're behind (by the sounds of things) all of Europe, much of the far east, India, Aus/NZ and a bunch of other places.

Yes. Most of us know this. We're not exactly complete idiots.

There's this thing called lobbying over here. It means if you have a lot of money, you make the laws. Apparently, those with the money making the laws don't particularly care to do what you've advised. Thank you for your understanding.

Great, so it seems like you need to sort your systems out and figure out this democracy thing a bit better. Best of luck with that.