What people seem to be missing is the precedent this would set. It’s all well and good when we empower the office of the president to seize a private company we don’t like, but after we give them that power what’s to stop them from seizing other businesses?

XYZ company refuses to get rid of their DEI policy because the shareholders voted to keep it? Well now the orange man can seize it.

The problem they don't see is that once a precedent is set, also the other party can do it. What you point out is valid also like "XYZ company refuses to establish a DEI policy because the shareholders voted agains ? Well not the democratic president can seize it".

Let’s not forget that previously it took 2/3rd majority to confirm presidential appointments, but the Senate under Obama decided to change that rule to 50% to get past Republican objections. The result of this is all these shit appointments Trump has passed with 51% of the Senate, none of them would have gotten by if the Democrats hadn’t made a precedent for changing the rules.

Tipical case of not looking beyond one's nose