You don't need to be thinking of any specific vulnerability to realize that putting the decryption key next to the data you're trying to protect is a dumb idea.

If for example a laptop like that gets lost or stolen, the attacker has the data and the key, in a box they physically hold, with no attempt limit, and unless they actively mess with the boot process, it will happily load the key into memory for them. If it's a discrete TPM the attacker can likely sniff the key on the wire. If that doesn't work, they just need to find a vuln anywhere in the secure boot process, or in Windows, and again, they have the key. And if that doesn't work, they could sniff the memory bus, or do a cold boot attack (again, with unlimited attempts unless they irreparably damage the mainboard/TPM in the process).