The Chairman of the White House Council of Economic Advisers, Austan D. Goolsbee, will leave his post this summer. Goolsbee plans to return to his position as a Professor of Economics at the University of Chicago Graduate School of Business.
“Working each day on behalf of the American people has been a rare privilege, particularly at such a historic time. While I am looking forward to returning home to Chicago, I will always be proud of the years I have spent working for this President,” Goolsbee said in a White House press release.
Goolsbee, whom President Barack Obama described as “one of America’s great economic thinkers,” worked closely with the President for several years, beginning as an advisor during Obama’s first Senate race.
FoxNews.com reported that Goolsbee’s “university biography once described him as ‘insanely committed to his work,’ noting that Goolsbee was seen in the classroom, wearing a tuxedo, on the day of his wedding.”