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The Latest Breaking News from Larry Summers

Tuesday briefing: What Labour hopes to learn from Denmark’s hardline asylum stance

In today’s newsletter: Shabana Mahmood is pitching radical new limits on whether asylum seekers can ever gain settled status – but it may come with political consequences

The Guardian - UK

Former Treasury Secretary Larry Summers steps down from public commitments after Epstein emails

Former U.S. Treasury Secretary and current Harvard professor Larry Summers says he will step back from public commitments after the release of emails showing he maintained a friendly relationship with Jeffrey Epstein long after the financier pleaded guilty to soliciting prostitution from an underage girl in 2008

The Independent UK

‘Deeply ashamed’: Larry Summers stepping back from public life after Epstein email dump

‘I am deeply ashamed of my actions and recognize the pain they have caused,’ Summers said

The Independent UK

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Larry Summers "stepping back" from public roles after Epstein files release

Newly released docs show Epstein called himself Summers' wing man.

Axios

‘Deeply ashamed’ Larry Summers steps back from public life over Epstein links

Former treasury secretary steps away to ‘rebuild trust’ after severe backlash but will continue teaching Harvard classes

The Guardian - US

Five things to watch as the House of Representatives tees up a vote on the Epstein files

ANALYSIS: When Mike Johnson finally calls the vote, who votes on it and whether the Senate takes it up are all key questions, Eric Garcia writes

The Independent UK

Trump says he’ll sign bill to release Epstein files but claims ‘all’ the dead sex offender’s ‘friends were Democrats’

The bill is expected to pass the House with possible unanimous support on Tuesday, and then it will be up to the Senate to take up the measure

The Independent UK

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The banality of evil: how Epstein’s powerful friends normalised him

Long after his conviction for sexual offences, businessmen, academics, journalists, politicians and royals sought his ear

The Guardian - US

Trump threatens Justice Department probe into Epstein-Clinton relationship

He also demanded investigation into Larry Summers and Reid Hoffman.

Axios

Trump responds to appearance in new Epstein emails by pushing DOJ probe of Clinton, Larry Summers, Reid Hoffman

Across messages with lawyers, acquaintances, reporters, academics, and political figures, Epstein invoked Trump constantly.

Fortune

Trump Asks Department Of Justice To Look Into JPMorgan Ties To Jeffrey Epstein

President Donald Trump said on Friday that he has asked the Department of Justice to examine the connections between his onetime associate Jeffrey Epstein and several prominent figures.

Benzinga

Trump orders investigation into alleged Jeffrey Epstein ties to Bill Clinton and major banks

Trump has ordered Justice chief Pam Bondi to launch an investigation into links between prominent Democrats, including former US President Bill Clinton, and convicted sex trafficker Jeffrey Epstein after new emails released by Congress.

Euronews

Jeffrey Epstein and Larry Summers’s exchanges depict relationship as confidants, emails reveal

The child sex offender and the former US treasury secretary shared personal views about politics and relationships

The Guardian - US

Emails reveal Jeffrey Epstein and associate discussed ‘girls’ and travel

Revealed: disclosure comes at same time US justice department downplaying possibility that other men involved in Epstein’s abuse

The Guardian - US

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The Mary Sue

‘Monsters know monsters’: Jeffrey Epstein said he has never met a person ‘as bad as Trump’ — called him ‘evil beyond belief’ in new emails

When a man synonymous with evil calls someone else “evil beyond belief,” the moral floor drops another ten feet. Newly released emails from Jeffrey Epstein reveal the truth about buddy Donald Trump, worthy of investigation.

The Guardian - US

Epstein kept close eye on Trump even after friendship soured, newly released emails reveal

Documents show staff kept Epstein informed of Trump’s air travel – and Epstein kept up with news about former friend

The Independent UK

Jeffrey Epstein’s creepy reach in DC extended far beyond Trump — and email receipts reveal all

NEWS ANALYSIS: Emails to political luminaries and D.C. mainstays makes clear: Epstein’s influence crossed the breadth of Washington’s political spectrum, writes John Bowden

Fortune

Larry Summers praises Ford CEO Jim Farley’s concept of the essential economy because it doesn’t ‘fetishize manufacturing’

“And by broadening the concept to fixing and moving as well as making things, I think it becomes a more plausible and a more inclusive concept.”

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news in one place.

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The Independent UK

Trump asks 9 colleges to commit to his political agenda and get favorable access to federal money

The White House is asking nine major universities to commit to President Donald Trump’s political priorities in exchange for more favorable access to federal money

Benzinga

Short Seller Jim Chanos Says 'China Should NOT Be The Standard' For Financial Reporting As Trump Pushes For Getting Rid Of Quarterly System

Veteran short seller Jim Chanos has sharply criticized the notion of adopting Chinese financial reporting standards in the U.S., saying that the Asian country should “NOT” be a benchmark for financial reporting in the U.S.

Fortune

Top analyst who once feared 'the end of capitalism' rips French and British boomers for sabotaging Gen Z futures

"Inter-generational tension is not just because boomers have got rich from QE driving asset prices higher, especially housing," Albert Edwards wrote on LinkedIn.

Fortune

How the midlife crisis was replaced by a decadelong rise in 'young worker despair' in the U.S.—and what it means for Gen Z

The midlife "hump" of despair used to be "one of the most important patterns in the world," says Dartmouth's David Blanchflower. But something else has taken its place.

Benzinga

Scott Bessent Calls Tariffs A 'Melting Ice Cube,' Says They Could Disappear As Trade Rebalances

U.S. Treasury Secretary Scott Bessent described America's reciprocal tariffs as a “melting ice cube,” suggesting they could be reduced or eliminated if the nation's trade deficit narrows.

Roll Call

After Trump sacks BLS boss, Democrats fear these seven words the most - Roll Call

President Trump's declaration that "we need people that we can trust" after his firing of the BLS commissioner has left Democrats shaken.

The Guardian - US

White House officials rush to defend Trump after shaky economic week

US trade representative says ‘the president is the president’ after firing of labor statistics chief amid slow job growth

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