BUSINESS

University Of Chicago President: 'Chicago's A Better Place' For The Obama Library Than Columbia

University of Chicago President Robert Zimmer spoke about his school's bid for the Obama presidential library, saying it'd be more fitting for the establishment to go in Illinois than New York.

"Columbia [University] is a very good place, but Chicago's a better place for this library," Zimmer told HuffPost Live at Davos.

"As you know the Obamas have very deep history with the community on the South side of Chicago," he added. "It's a reflection of their roots and what drove them. I think it's a very natural place. Of course they decide, and we hope that's what they decide."

Below, updates from the 2015 Davos Annual Meeting:

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