who would trust their money to this bank?

Everyone trusts their money to frauds. It's called the Federal Reserve.

yeah, let's get rid of standards and controls

You mean like when the Federal Reserve dropped the reserve requirement to 0% in April of 2020?

Congratulations! You've figured out that banks make up their own rules whenever they want!

the big banks are just as bad if not worse. places like wells, citi, etc are the worst places to give your money, identity, etc -- its beyond belief how hollow, corrupt, and stupid the institutions are. if youve worked in IT/fraud/etc in big finance you already know