I agree with @FerroTV ... the Fed has a bunch of post-GFC structures in place they would like to get rid of, or at least radically change. These are the FOMC statement, the press conference, the dot plot and the summary of economic projections. In particular, the press conference was designed for the chairman to provide forward guidance, or tell everybody what's coming next. Warsh does not believe in forward guidance, and I agree with him. I've argued that forward guidance has caused as much damage, if not more, than the problems it has solved. For instance, it kept the Fed from hiking rates in 2021/early 2022 because they were telling us inflation was "transitory." That was a big mistake So he'd be better off canceling the presser, but the institutional prerogative tells them not to, so every press conference is a useless mess as he has no forward guidance to offer, no one knows what to ask him if he's not giving forward guidance.