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Larry Summers Resigns From Harvard Amid Epstein Fallout

Former Harvard President Larry Summers announced Wednesday that he will retire from his academic and faculty appointments at Harvard University at the end of the academic year following the release of documents detailing his communications with Jeffrey Epstein.

A Harvard spokesperson confirmed that Harvard Kennedy School Dean Jeremy Weinstein accepted Summers’ resignation from his leadership role as co-director of the Mossavar Rahmani Center for Business and Government, Fox News reported.

“In connection with the ongoing review by the University of documents related to Jeffrey Epstein that were recently released by the government, Harvard Kennedy School Dean Jeremy Weinstein has accepted Professor Lawrence H. Summers’ resignation from his leadership position as co-director of the Mossavar-Rahmani Center for Business and Government,” the spokesperson said in a statement to Fox News Digital.

“Professor Summers has announced that he will retire from his academic and faculty appointments at Harvard at the end of this academic year and will remain on leave until that time,” the spokesperson added.

Summers said in a statement through a spokesperson that the decision was difficult.

“I have made the difficult decision to retire from my Harvard professorship at the end of this academic year,” 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,” he added.

“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,” Summers said.

 

Summers, who served as U.S. Treasury secretary under President Bill Clinton and as an economic adviser to President Barack Obama, had previously announced in November that he was stepping away from teaching amid scrutiny over his past communications with Epstein.

Details of those communications became public after a House committee released a trove of emails.

Borge Brende, the president and CEO of the World Economic Forum (WEF), stepped down on Thursday after an investigation into his ties to the late serial sex offender Jeffrey Epstein.

“After careful consideration, I have decided to step down as President and CEO of the World Economic Forum. My time here, spanning 8-1/2 years, has been profoundly rewarding. I am grateful for the incredible collaboration with my colleagues, partners, and constituents, and I believe now is the right moment for the Forum to continue its important work without distractions,” Brende announced in a statement.

Brende’s statement didn’t mention Epstein, but he quit just a few weeks after the WEF started looking into his ties to the late sex offender.

The investigation started after it was found that Brende had eaten with Epstein at least three times and had also texted and emailed him, even though Epstein had been found guilty of trying to get a child to work as a prostitute years earlier.

“I was completely unaware of Epstein’s past and criminal activities,” said Brende after news of his relationship with Epstein was made public. “Had I known about his background, I would have declined the initial invitation to join [former Norwegian Deputy Prime Minister Terje] Rod-Larsen and any subsequent dinner invitations or other communications.”

Brende had been the WEF’s CEO and president since October 2017, when he stepped down on Thursday. Brende became president of the WEF just a few days after he left the Norwegian government as foreign minister.

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