Janet Yellen nominated to succeed Bernanke as Fed chair

Aired: 10/9/2013 | 0:10:38 | Clip
Following a politically charged search, President Obama named Janet Yellen as his nominee to be the next -- and first female -- chair of the Federal Reserve. Judy Woodruff gets reactions from Christina Romer of the University of California, Berkeley, and former Congressional Budget Office director Douglas Holtz-Eakin.