The following video is from Wednesday's edition of Investor Beat, in which host Chris Hill and Motley Fool analysts Bryan White and David Hanson dissect the hardest-hitting investing stories of the day.

After many weeks of rumors, President Obama has officially nominated Janet Yellen to succeed Ben Bernanke as head of the Federal Reserve. Yellen would be the first woman in history to be named to the post. In today's lead story on Investor Beat, Bryan and David compare Yellen to Bernanke and discuss what the Fed should mean to investors.


 

Fool contributor Bryan WhiteChris Hill, and David Hanson have no position in any stocks mentioned, and neither does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.