Former U.S. Treasury Secretary Larry Summers has stepped down from both Harvard University and the OpenAI board as scrutiny over his past association with Jeffrey Epstein intensifies. The move comes after the U.S. House Oversight Committee released documents revealing personal correspondence between Summers and Epstein, including emails sent after Epstein’s 2008 conviction. While no evidence links Summers to Epstein’s criminal activities, the ongoing revelations have prompted widespread criticism and institutional reviews.
Summers, who previously served as president of Harvard and later as director of the Mossavar-Rahmani Center for Business and Government at the Harvard Kennedy School, announced that he would resign from the OpenAI board and pause his teaching roles. A Harvard spokesperson confirmed that Summers would go on leave while the university investigates all individuals named in the recently released Epstein files. His co-instructors will complete the remaining classes for the semester, and he is not scheduled to return to teaching next term.
The fallout extends beyond Harvard and OpenAI. Several prominent organizations, including the Peterson Institute for International Economics, the Center for American Progress, and Spain’s Santander Group, confirmed that Summers has stepped away from advisory positions. The New York Times also stated it will not renew his contributor contract, which began earlier this year.
Summers said he is withdrawing from public commitments to “rebuild trust and repair relationships with the people closest to me.” His resignation came on the same day President Donald Trump signed a bill requiring the release of the Justice Department’s investigative files on Epstein, a decision Trump had resisted for months. The Epstein scandal has also been politically damaging for Trump, contributing to a drop in his approval ratings.
Harvard’s review will examine all affiliates named in the congressional documents, including Summers’ wife and other current and former university members. Although some details reported by outside outlets remain unverified, the situation has triggered the most significant consequences yet for a high-profile public figure connected to Epstein.


Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock
U.S. Lawmakers to Review Unredacted Jeffrey Epstein DOJ Files Starting Monday
Ford and Geely Explore Strategic Manufacturing Partnership in Europe
Nighttime Shelling Causes Serious Damage in Russia’s Belgorod Region Near Ukraine Border
Trump Allows Commercial Fishing in Protected New England Waters
U.S. to Begin Paying UN Dues as Financial Crisis Spurs Push for Reforms
U.S. Sanctions on Russia Could Expand as Ukraine Peace Talks Continue, Says Treasury Secretary Bessent
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links
Trump Rejects Putin’s New START Extension Offer, Raising Fears of a New Nuclear Arms Race
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
Norway Opens Corruption Probe Into Former PM and Nobel Committee Chair Thorbjoern Jagland Over Epstein Links
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns
Pentagon Ends Military Education Programs With Harvard University 



