If Treasury is using this data to catch people who violate economic sanctions, ok. If the IRS is using this data to catch people who cheat on their taxes, ok. I don't love either of those things, but they are using the data only to do things that have been defined as their job to do for a long time now.
There doesn't seem to be any evidence that any of this data is going to be used to penalize people financially/economically for "social infractions", or to penalize people in unrelated ways (like, you missed payments on your credit card so you aren't allowed to ride on a train). If there was, then sure, that's cause for worry.