Change colors to captions inside of the "Transcript" Panel using Essential Graphics

A feature that I believe would help a ton of creators when creating captions for videos in Adobe Premiere would be being able to add effects/change colors to text inside of the "Transcript" Panel using Essential Graphics. I like that you are able to see all of the captions in paragraph form but you are not able to use essential graphics to change colors or add any effects to the text. I think if each word was a clickable button that you can hightlight, click and add presets on, it would be helpful. If Adobe added some additional features to the Captions, alot less people would have to rely on apps like Capcut or Captions.

Mod note: Changed the title to reflect the request.