I keep missing out here somehow. the Senate bill includes law that says you can't exploit it. And yes the FBI will no doubt try to use this to 'fix' the issue of having to get warrants for gps tracking, which folks will watch out for, but the 'good' parts of an EDR are that you can find out just what the heck happened post 'event.' As a consumer you will be a lot happier if you know that your 'to spec' inflated tire just blew out and rolled you over causing a couple of million in damage isn't going to be your fault.
So there are benefits here, and the public is more educated about the risks. Another benefit of the Senate legislation is that it applies to all EDRs in cars, so folks who put EDRs into your car today and do sell information to third parties (I'm looking at you OnStar) will also be bound by this.
So a more reasonable story might have been:
EDRs are in a lot of vehicles now, they represent both a privacy threat and a potential benefit. There are no explicit rules around what folks can do with them. Your government is 'fixing' that by making explicit what can and can not be done. Generally that would be an encouraging sign, and participating early in the process will help ensure its done in the best interest of the consumer rather than the installer.