Prominent economist, former U.S. Treasury Secretary, and ex-president of Harvard University, Larry Summers, announced on Wednesday that he will be resigning from his academic and faculty roles at Harvard at the end of the 2025–26 academic year amid mounting controversy over his ties to the late sex trafficker Jeffrey Epstein.
Harvard University confirmed to The New York Times that Summers also stepped down immediately from his leadership position as co-director of the Mossavar-Rahmani Center for Business and Government at the Harvard Kennedy School, a post he had held since 2011. He had been on leave since November 2025 while the university conducted a review of documents tied to Epstein that were released by the U.S. government.
