Selected remarks from US Treasury Secretary Yellen's prepared speech to the US Senate banking

Rumors that Treasury Secretary Janet Yellen could be on the way out have been circulating for 9 months now but they've returned once again, this time with Fox's Charlie Gasparino reporting that the White House is looking for a 'decent' decline in inflation so she can bow out gracefully and give her successor a cleaner slate.

The thing is, whoever succeeds her will have a tough job because of the gridlock in Congress.

In terms of markets, a new Treasury Secretary won't change anything -- though it will significantly devalue my stash of Yellen memes.