Larry Summers resigning Harvard post amid Epstein fallout
CNBC • • nation
Key Points:
- Larry Summers, former U.S. Treasury secretary and ex-president of Harvard, announced he will retire from teaching at Harvard University by the end of the current academic year amid scrutiny over his past ties to Jeffrey Epstein.
- Summers went on leave in November following the release of emails and documents by the Department of Justice and Congress revealing his connection to Epstein, though he has not been accused of wrongdoing.
- Harvard is conducting a review of documents related to Epstein, leading to Summers' resignation from his leadership role at the Mossavar-Rahmani Center for Business and Government and his continued leave until retirement.
- Summers expressed regret over his communications with Epstein and emphasized his intention to focus on research and commentary after retirement, while other prominent academics at Ivy
