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Why I can't find the fx button on the new premiere 2020 for mac with the newest update??? That is really annoying - my next project I have still to do with Premiere 2019. Sometimes I feel that adobe is buggy like microsoft windows 95 and 98...
Using Premiere 14.3.1 on Mac 10.15.6 and it is there:
If you are confident you are opening Premiere 2020 and not an earlier version that did not have the Global Effects Mute, then try resetting your preferences:
I did it with mac mojave - I won't update because I sometimes need Encore 😛 After resetting Premiere 2020 I had the fx button on it 🙂