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I hate fuckerberg but there's a possibility he's playing 3d chess this time.
The amount of backlash and outrage that letting all the bullshit through because politicians are spewing it and being cheered might cause the politicians doing it to have to change. Generally no one wants the new policy.
They clamor for "free speech" but once they see how it devolves the public sentiment will say "OH GOD WE TAKE IT BACK"
That is an extremely remote, one might say infinitesimally small, possibility. Incredibly far more likely is that he's plugged in politically and the ruling class wants to shift public debate even more fascist using automated control of public discourse.
It seems clear as day to me that all tech companies and leadership are kissing the ring right now to keep profits flowing and avoid being targeted or to collude with schemes to increase profits in the future, so like you're saying that's the most likely rationale. This could very easily be part of whatever scheme was negotiated verbally.