Biden joked about rewriting Hamilton for Janet Yellen. Colbert's Late Show made it happen.

The Late Show parodies &quot;Hamilton&quot; — (Image credit: Screenshot/YouTube/The Late Show)

Sometimes Stephen Colbert's Late Show scratches a very specific, usually slightly nerdy itch, be it Lord or the Rings lore or ... well, mostly Lord of the Rings. But for fans of Lin-Manuel Miranda's Hamilton, monetary policy, Wikipedia, fact-checking, and former Federal Reserve Chairwoman Janet Yellen — President-elect Joe Biden's pick to run the Treasury Department — Colbert hit it out of the park in the cold open to Wednesday's show.

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Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.