Larry Summers, Former Harvard President and Treasury Secretary, to Step Down Over Epstein Ties – Journal Posts

Larry Summers, the former U.S. Treasury secretary and former president of Harvard University, announced Wednesday he will resign from teaching at Harvard by the end of the academic year following scrutiny of his past ties to Jeffrey Epstein.

Summers had gone on leave in November after emails and documents detailing his past connection to Jeffrey Epstein were released by the Department of Justice and Congress, prompting university scrutiny.

In a statement, Summers acknowledged the controversy, saying, “I am deeply ashamed of my actions and recognize the pain they have caused. I take full responsibility for my misguided decision to continue communicating with Mr. Epstein.” His statement followed reporting by the Harvard Crimson that Summers had sought guidance from Epstein while pursuing a romantic relationship.

He also resigned from the board of the artificial intelligence company OpenAI in November amid the fallout.

Source: CNBC