Politico is reporting that former House Speaker Paul Ryan (R-WI) is joining the American Enterprise Institute (AEI) as a Distinguished Visiting Fellow in the practice of public policy.
There had been many rumors that Ryan would become president of the conservative think tank after Arthur Brooks left, but instead, Robert Doar was tapped for that position.
It was recently reported that Ryan is leaving his home of Janesville, Wisconsin to rent a house in the Maryland suburbs of Washington, DC. Politico also noted that Ryan has some type of new think tank-like entity called the American Idea Foundation that will remain in Wisconsin.
Update: Here is a press release from AEI.