Why Jim Cramer Likes Jay Powell and Janet Yellen Working Hand-in-Hand

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President Donald Trump, who continues to allege--without evidence--that the November election was riddled with fraud and insisting he should be named the winner, said late Monday that President-elect Biden and his incoming administration will be granted access to funding, security briefings and other administration apparatus that will allow for a smoother transition of power on January 20.

Trump stopped short of a full concession and vowing to continue to "fight" his loss. 

Meanwhile ,Biden has begun to name his cabinet picks, with Janet Yellen expected to be nominated as Secretary of the Treasury. 

In the video above, Jim Cramer explains why he likes the former Federal Reserve chair in the role and what he thinks her working relationship with current Fed chair Jerome Powell would look like. 

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