Summers becomes latest high-profile figure to step down as scrutiny over past associations with Jeffrey Epstein continues.
By yourNEWS Media Newsroom
Former Treasury Secretary Larry Summers announced he will retire from his professorship at Harvard University at the end of the academic year, citing what he described as a difficult decision amid continued fallout over his past association with convicted sex trafficker Jeffrey Epstein.
Summers, who served as Treasury Secretary under Bill Clinton from 1999 to 2001 and later led the National Economic Council under Barack Obama, confirmed his departure in a statement reported by Politico.
“I have made the difficult decision to retire from my Harvard professorship,” Summers said. “I will always be grateful to the thousands of students and colleagues I have been privileged to teach and work with since coming to Harvard as a graduate student 50 years ago.”
Summers’ exit marks the latest in a series of resignations and removals involving prominent political and business leaders whose ties to Epstein have come under renewed scrutiny.
Earlier this month, Sultan Ahmed bin Sulayem was removed from his roles as chairman and chief executive of DP World. In the United Kingdom, authorities arrested Peter Mandelson, a former ambassador to the United States, in connection with an Epstein-related investigation. Prince Andrew was also arrested in a separate development tied to the broader probe.
In Norway, former Prime Minister Thorbjørn Jagland is facing corruption charges related to alleged connections with Epstein.
Epstein died in 2019 while awaiting trial on federal sex trafficking charges. His associations with prominent political, academic and business figures have continued to generate investigations and public scrutiny years after his death.
Harvard officials have not released additional details regarding Summers’ departure beyond his public statement.
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