Summers says he is “deeply ashamed” and will step away from public roles to rebuild trust, following the release of his correspondence with Epstein.
Larry Summers, the former president of Harvard University and a notable figure in U.S. economic policy, has announced that he will step back from his public commitments after the release of private emails he exchanged with Jeffrey Epstein.
In his statement, Summers expressed deep regret. “I am deeply ashamed of my actions and recognize the pain they have caused,” he said. He took full responsibility for his mistake in maintaining contact with Epstein.
He clarified that this step is part of a personal plan — not a resignation. His aim is to rebuild trust and mend relationships with people close to him. Even as he retreats from public-facing roles, Summers will keep his teaching position at Harvard.
The announcement follows the release of a large number of previously undisclosed emails by a U.S. House committee. The communications revealed a long-standing personal relationship between Epstein and Summers, including discussions about philanthropy and even romantic advice.
Summers’ decision comes amid growing scrutiny over his ties with Epstein — a convicted sex offender — and broader questions over the judgment of prominent public figures who maintained such associations.
Why This Is a Big Deal
- Reputation Risk: Summers’ legacy as a leading economist and academic is at risk amid fallout from his Epstein ties.
- Institutional Trust: Harvard and other institutions that retain him may face pressure and reputational damage.
- Public Accountability: The move raises larger questions about how elite figures should be held accountable for their connections to Epstein.
- Ethics & Power: It underscores ongoing debates about the relationship between power, wealth, and accountability.
Also Read : Trump Urges House Republicans To Release Epstein Files After Surprise U-Turn
