Food production is really, really complex. If an organic burrito was labelled with every process involved in its production, it would come with a label the size of a telephone directory. Over-labelling is just as problematic as under-labelling, as we have seen with Prop 65; adding more words to a label often actively impedes the ability of a consumer to make meaningful choices. We rely on the regulators to determine what processes and ingredients are sufficiently safe for the food chain and to highlight issues of particular concern.
Some people think that FTLB is unsafe, but they have no real evidence for that claim. It has attracted a vastly disproportionate amount of attention, seemingly only for reasons of squeamishness.
Regulators are not infallible or incorruptible, which is why it is important that they are held to account. If we're quibbling over the labelling of something that's demonstrably fine, we're not talking about the hundred other glaring issues in the US food system that need to be addressed much more urgently.
FTLB is simply irrelevant. It's broadly beneficial, but it's neither good or bad enough to warrant our attention. The grossly disproportionate amount of attention it has attracted is symptomatic of a faddish, panic-driven and deeply irrational approach to food that is entirely unproductive.