The concern is subversion and malign influence, which is a very real problem. USMC University has a book on political warfare that covers the topic fairly.

The politicians don't want to touch privacy or security laws since that would negatively impact their benefactors as opposed to actually doing their jobs for their constituents.

Its a power grab, hopefully it won't get passed because of the loose undefined wording that could apply to anything they so choose like in ways described in Ayn Rand.