Proof Biden and Psaki illegally threatened Facebook and Twitter?

Whenever Biden or his spokespeople discuss online speech they don't like, they seem to bring up revoking Section 230 and imposing antitrust law on social media. Is that illegal coercion?

This is a clip from a longer conversation between Reason's Zach Weissmueller and Jay Bhattacharya and New Civil Liberties Alliance senior counsel John Vechionne about the Missouri v. Biden case