Former US treasury secretary and Harvard president Larry Summers is retiring from his roles at the Ivy League university after its review into his ties with the late sex offender Jeffrey Epstein.
Harvard said it had accepted Summers’s resignation as co-director of the Mossavar-Rahmani Center for Business and Government and that he would retire from his other academic and faculty posts.
Last year, Summers expressed “regret” over his links with Epstein, while addressing students in a class he had been teaching at Harvard.
Released emails had indicated that he corresponded with Epstein until the day before the financier’s 2019 arrest for the alleged sex trafficking of children.
In a statement to the Harvard Crimson, the college newspaper, Summers wrote that his decision was “difficult”.
He said he was “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”.
“Free of formal responsibility, as President Emeritus and a retired professor, I look forward in time to engaging in research, analysis, and commentary on a range of global economic issues,” he said.
Summers said last November that he was taking leave while the school investigated his ties to Epstein.
He stepped back shortly after Congress released over 20,000 pages of Epstein files that included emails between Epstein and Summers.
By BBC News
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