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.
More Foolish insight
The U.S. government has piled on more than $10 trillion of new debt since 2000. Annual deficits topped $1 trillion after the financial crisis. Millions of Americans have asked: What the heck is going on?
The Motley Fool's new free report, "Everything You Need to Know About the National Debt," walks you through with step-by-step explanations about how the government spends your money, where it gets tax revenue from, the future of spending, and what a $16 trillion debt means for our future. Click here to read the full report!