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In light of recently disclosed communications with disgraced financier Jeffrey Epstein, former Harvard University president Larry Summers announced he will be stepping back from his public commitments.
Summers stated, “I am profoundly sorry for my actions and the hurt they have brought. I fully accept responsibility for my poor judgment in maintaining contact with Mr. Epstein.”
The emails, released by Congress last week, reveal that Summers was in communication with Epstein up until the day before Epstein's arrest in 2019 on charges related to the trafficking of minors. A vote by House members is anticipated for Tuesday regarding the potential release of further files pertaining to Epstein.
This situation unfolds alongside the U.S. Department of Justice's determination to investigate Epstein’s connections to former President Bill Clinton and other notable Democrats. This investigation has been prompted by President Donald Trump, who also called for inquiries into Summers, LinkedIn's Reid Hoffman, and financial institutions like JP Morgan and Chase.
Trump, mentioned in some of the emails, has not been accused of any misconduct. He remarked on social media, asserting, “Epstein was a Democrat, and his issues belong to the Democrats, not Republicans! They are aware of it; don’t involve Trump. I have my country to manage!” Clinton has firmly denied any awareness of Epstein's crimes.
Summers held the position of Treasury Secretary under Clinton and also directed the National Economic Council during Barack Obama's administration. He presided over Harvard from 2001 to 2006 and still teaches there. Summers expressed intentions to restore trust and mend personal relations, alongside continuing his teaching responsibilities.
“As part of this larger endeavor, I will withdraw from public engagements,” he remarked.
Moreover, the Center for American Progress, where Summers was a senior fellow, confirmed his disaffiliation from the organization. He remains a board member of OpenAI, the developer behind ChatGPT, a role he took on in 2023 after a failed attempt to replace CEO Sam Altman. The organization has been approached for clarification on his status.
The released emails indicate numerous meetings between Summers and Epstein, with Epstein often attempting to introduce Summers to influential figures globally. One email from July 2018 mentioned a meeting with the “president of the united nations, an intriguing person for you.” Another email following Trump's 2016 victory advised Epstein to “not invest any effort on anything regarding me with Trump,” pointing to possible conflicts of interest and heightened global sensitivities.
A spokesperson for Summers had earlier indicated that he “deeply regrets maintaining contact with Epstein post-2008 conviction” for soliciting an underage prostitute.
The emails reference several high-profile personalities. A review by the Wall Street Journal revealed Trump was cited in over 1,600 of the 2,324 threads, even though he hadn’t sent or received the messages. Trump has consistently denied any wrongdoing connected to Epstein.
Summers’ choice to reduce his public presence highlights the ongoing scrutiny of Epstein's network and the prominent figures associated with him.