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Good evening. Here’s the latest.

1. President-elect Joe Biden is expected to nominate Janet Yellen, the first woman to lead to the Federal Reserve, as Treasury secretary.

If confirmed, Ms. Yellen would also be the first woman to lead the Treasury in its 231-year history. As one of the most recognizable figures in Washington’s economic spheres, Ms. Yellen wouldmost likely bring with her a preference for government help for struggling households and for slightly tighter financial regulation.

Mr. Biden also plans to name several top national security picks on Tuesday, including the first Latino to lead the Department of Homeland Security, the first woman to head the intelligence community and a former secretary of state, John Kerry, to be his international climate czar, a cabinet-level position.

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