Larry Summers is an American economist and former public official who has held several prominent positions in government and academia. He served as U.S. Secretary of the Treasury from 1999 to 2001 and as director of the National Economic Council from 2009 to 2010. Summers was also the president of Harvard University from 2001 to 2006 and remains a professor there.
He is notable for his influential role in shaping U.S. economic policy during the Clinton and Obama administrations, particularly in areas of financial regulation and fiscal policy. His academic work and public commentary have made him a significant, though sometimes controversial, figure in economic discourse for decades.
Recently, Summers has been in the news due to his decision to step back from public roles. This follows the release of correspondence by a House committee related to the late financier Jeffrey Epstein. Multiple major news outlets reported that he is withdrawing from public commitments in the wake of these revelations.
This development marks a significant shift for a figure who has maintained a high-profile presence in economic and policy discussions. The news highlights how past associations continue to impact the careers of public individuals.
Latest related news
- Former Harvard president steps away from public eye after Epstein revelations - USA Today 2025-11-18 11:06 · USA Today
- Larry Summers steps back from public roles after House release of Epstein correspondence - Fox News 2025-11-18 11:02 · Fox News
- Larry Summers to Step Back From Public Commitments Over Epstein Emails - The New York Times 2025-11-18 10:25 · The New York Times
- Larry Summers steps back from public role after Epstein emails emerge - BBC 2025-11-18 10:24 · BBC
- Larry Summers stepping back from ‘public commitments’ over Epstein emails - The Washington Post 2025-11-18 10:10 · The Washington Post
- Jeffrey Epstein files: Larry Summers steps back from public commitments over email fallout - CNBC 2025-11-18 09:10 · CNBC
- ‘Deeply ashamed’ Larry Summers steps back from public life over Epstein links - The Guardian 2025-11-18 08:57 · The Guardian
- Top Trump official: OpenAI, Harvard should dump Summers - Politico 2025-11-18 06:05 · Politico
- Larry Summers says he is ‘deeply ashamed’ after new Jeffrey Epstein emails and will pause public engagements - CNN 2025-11-18 01:05 · CNN
- As Summers Sought Clandestine Relationship With Woman He Called a Mentee, Epstein Was His ‘Wing Man’ - The Harvard Crimson 2025-11-17 16:00 · The Harvard Crimson