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Sen. Ed Markey (left) and Rep. Joe Kennedy. Photo: Paul Marotta/Getty Images

Rep. Joe Kennedy (D-Mass.) will announce on Saturday his intention to run for Senate in 2020 against sitting Sen. Ed Markey (D-Mass.), the Boston Globe reports.

The big picture: Kennedy, the 38-year-old grandson of former Attorney General Robert F. Kennedy, wrote in a Facebook post last month that he is considering a Senate run out of a desire to shape "what kind of party Democrats need to be building for the future." The 73-year-old Markey was co-author of the Green New Deal resolution along with Rep. Alexandria Ocasio-Cortez, and he has already received a re-election endorsement from AOC and presidential candidate Sen. Elizabeth Warrren (D-Mass.)

Go deeper: Highlights from Kennedy's response to the 2018 State of the Union address

Go deeper

Michigan board certifies Biden's win

Poll workers count absentee ballots in Detroit, Michigan on Nov. 4. Photo: Salwan Georges/The Washington Post via Getty Images

The Michigan Board of State Canvassers certified the state's election results on Monday, making President-elect Joe Biden's win there official and granting him the state's 16 electoral votes.

Why it matters: Republican Party leaders had unsuccessfully appealed to delay the official certification, amid the Trump campaign's failed legal challenges in key swing states.

Biden to nominate Janet Yellen as Treasury secretary

Photo: Photo by Alex Wong/Getty Images

President-elect Joe Biden is preparing to nominate former Fed Chair Janet Yellen as his Treasury Secretary, four people familiar with the matter tell Axios.

Why it matters: Yellen, 74, will bring instant economic celebrity to Biden’s team and, if confirmed, she will not only be the first female Treasury Secretary but also the first person to have held all three economic power positions in the federal government: the chair of Council of Economic Advisers, the chair of Federal Reserve and the Treasury Secretary.

2 hours ago - Podcasts

Bob Nelsen on AstraZeneca and his plan to revolutionize biotech

AstraZeneca and the University of Oxford on Monday reported promising efficacy data for their COVID-19 vaccine, which has less stringent storage requirements than the Pfizer and Moderna vaccines and may be distributed earlier in developing countries.

Axios Re:Cap digs into the state of vaccine and therapeutics manufacturing with Bob Nelsen, a successful biotech investor who on Monday launched Resilience, a giant new pharma production platform that he believes will prepare America for its next major health challenges.