WSJ report
Biden plans to nominate 74-year-old Yellen as Treasury Secretary, the WSJ reports.
Yellen will be an easy candidate to confirm in the Senate. This has been rumored for a few days but the stock market is back near the highs of the day, suggesting that equities like having someone who has been pro-stimulus but also pro-Wall Street in the top position.
We've got Yellen memes for days here, so bring it on.
