Definition of "liberty"
In this case the thing they're "liberating" is your personal data.
In fact this is what American politicians really mean when they talk about "freedom" in general: the freedom to exploit other people with complete impunity. That includes various foreign, resource-rich countries, as well as their own citizens. Anyone and anything, really, to serve the (mainly economic) interests of those in power.
This is why I refer to it as Freedumb®, because you'd have to be an idiot to believe it.