Larry Summers, a former Treasury secretary beneath President Invoice Clinton and the previous president of Harvard College, has resigned from the board of the tech firm OpenAI, in response to statements launched Wednesday.
“Larry has determined to resign from the OpenAI Board of Administrators, and we respect his resolution. We respect his many contributions and the angle he dropped at the Board,” a press release from the OpenAI Board of Administrators reads.
Summers’ resignation got here simply two days after he launched a press release saying he was “deeply ashamed” of his relationship with Jeffrey Epstein. Summers’ electronic mail exchanges with Epstein had been launched final week by the Home Oversight Committee.
No Epstein survivor has alleged wrongdoing by Summers and there’s no public report proof to recommend Summers was concerned in any of Epstein’s crimes.
Larry Summers, president emeritus and professor at Harvard College, throughout an interview in New York, US, on Wednesday, Sept. 17, 2025. Summers earlier this month warned that whereas monetary markets have to this point proven restricted concern with regard to the Federal Reserve’s independence, the scenario “might flip in a short time.”
Bloomberg through Getty Pictures
“In step with my announcement to step away from my public commitments, I’ve additionally determined to resign from the board of OpenAI,” a press release from Larry Summers stated. “I’m grateful for the chance to have served, excited in regards to the potential of the corporate, and look ahead to following their progress.”
Larry Summers previously announced that he was stepping again from public life after his obvious communications with Epstein had been made public.
Summers is at the moment a member of Harvard’s college, in response to the Harvard Crimson newspaper. However there have been calls, together with from Massachusetts Sen. Elizabeth Warren, for Harvard to sever ties with him.
Harvard has introduced that it’s going to start a brand new investigation into Summers’ affiliation with Epstein, according to the Harvard Crimson. The college reviewed its ties to Epstein 5 years in the past, together with donations he made to the college.
“I’m deeply ashamed of my actions and acknowledge the ache they’ve prompted. I take full accountability for my misguided resolution to proceed speaking with Mr. Epstein,” Summers stated in a press release on Monday.
He added, “Whereas persevering with to satisfy my educating obligations, I can be stepping again from public commitments as one a part of my broader effort to rebuild belief and restore relationships with the folks closest to me.”
It has been beforehand reported that Summers maintained a relationship with Epstein for a few years, notably throughout Summers’ time period as president of Harvard from 2001 to 2006.
Summers flew a minimum of 4 occasions on Epstein’s plane, in response to flight information made public throughout litigation towards Epstein, and he was the highest official at Harvard throughout a time when the college obtained thousands and thousands in items from Epstein.
All of these items had been obtained previous to Epstein’s responsible plea in Florida in 2008 to prices of solicitation of prostitution with a minor, in response to the college’s assessment of its Epstein connections.
The late financier was charged federally in July 2019 with intercourse trafficking and conspiracy and died by suicide the next month.
This can be a growing story. Test again for updates.
