There are no public persons or entities that don't change facts to suit their political agendas. That's true at the partisan individual level, that's true at the politician level, that's true at the federal agency level, that's true at the corporate level, that's true of all news media, that's true across all possible examples and without exception. Unless you can point me to the perfect rational human that can't be swayed by emotion and bias.
Your setup is that if something can't be perfect and without a trace of bias, it must be regulated or broken up (to be regulated and controlled by politicians with bias and agenda). Which is another way of saying: all things must be destroyed because they have the potential for pursuing their own agenda. That's the sole possible logical conclusion of your premise if it's to be followed.