Goolsbee, Obama’s top economic adviser, to resign after less than 10 months

[Geee]

Daily Caller:

The White House announced Monday evening that Austan Goolsbee, the Chairman of President Obama’s Council of Economic Advisers, will resign his post in the coming months.

Goolsbee will return to the University of Chicago, where he had been a professor for 14 years before joining the Obama administration, in time for the next school year.

Goolsbee is a longtime economic adviser to President Obama. He was confirmed to the CEA in March of 2009 and became chair in September of 2010. During that time, according to a press release from the White House, “the CEA focused on policies related to small business, education, innovation and competition, which are essential to ensuring long-term economic growth.”

He simultaneously served as the staff economist for the President’s Economic Recovery Advisory Board. There, “he helped guide the Administration’s response to the economic crisis.”

Goolsbee was also a senior adviser to the Council on Jobs and Competitiveness.