Privatization is what a lot of people believe is the answer, thinking that there is so much waste and useless things the Federal government does. These people must have never worked at a large corporation. I have a relative in the federal government and we would share stories because the dysfunctions are basically the same. Any large organization of humans working uses a pyramid organization since like the middle age…
The goal of any profit seeking company selling to the government is to extract as much value as possible. The goal is not just to provide X service which was initially requested at a price that undercuts your competition. The goal is to win the contract for X for year 1, and then to under-deliver it in a way that the customer is basically forced to buy X for year 2, because it would be a massive lift to shift to a different service, but probably the customer needs to buy Xv2 to actually accomplish anything and by the way Xv2 works best if you also buy services Y and Z. Perhaps you do some "study" to determine that actually the problem is larger than what the customer initially described and several other expensive problems must be tackled to fully solve it. Efficient use of tax-dollars to solve the problem within the scope described is not the goal of government contractors. These companies grade themselves based on their revenue and margins, not on what they deliver to the tax payers. They're profit-seeking companies and they do just that.
By contrast, when government agencies are working well, they do what they're chartered to do by Congress. Whether that goal is good or not may be a matter of perspective (e.g. do we need a separate SEC and CFTC and CFPB? Could there be a single financial products/services regulator?) but to the degree their stated missions are incoherent, that's at least partly a failure of Congress, which the people have an indirect way of correcting.