Ben Bernanke‘s first stop after an eight-year tenure as chairman of the Federal Reserve will be the Brookings Institution, the Washington think tank announced Monday morning.

Bernanke, a Republican, will be a “distinguished fellow in residence” at the center-left Brookings’ Hutchins Center on Fiscal and Monetary Policy, the center’s director, David Wessel, announced in a blog post. Wessel, a former Wall Street Journal reporter, also wrote that Bernanke will be writing books. The Hutchins Center, named for investor and patron Glenn Hutchins, was opened in December.

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