"EARN IT" act. What a lame and pretentious name to start with.
My TL;DR:
US want to hold content providers legally accountable for the contents their users post, PLUS they want to take away end-to-end encryption to the big companies using it (e.g. whatsapp).
I find it deeply disturbing, especially in times like that.
I hope this will will bring people closer to federated and distributed/decentralized networks.
Which is a good thing on its own, btw.