Press conferences would change the journalistic ball game somewhat. For starters, you'd get the chance to publicly say what most people are probably thinking: "What exactly does THAT mean, Mr. Chairman?"
You could also get more general press involved in lobbing questions at the chairman and subsequently writing or telecasting about the answers. And so maybe Main Street would get a little more sense about why the Fed does what it does.
Perhaps that could quench some of the populist anger the Fed is facing. And it's going to face more next year when anti-Fed crusader Ron Paul takes over the House subcommittee overseeing banking activities.
"His life will be more difficult when he goes to testify, there's no doubt about that," Kos noted.
It certainly will be ... but a guest appearance on CNBC and a guest blog on CNBC.com would no doubt ease the pain.