Summers to leave Harvard amid Epstein fallout

Former Treasury Secretary Lawrence Summers steps down as a professor over his relationship with Jeffrey Epstein

Larry Summers, president emeritus and professor at Harvard University, during an interview in New York, US, on Wednesday, Sept. 17, 2025. Summers earlier this month warned that while financial markets have so far shown limited concern with regard to the Federal Reserve's independence, the situation "could turn very quickly." Photographer: Victor J. Blue/Bloomberg via Getty Images
The resignation 'marks an extraordinary unraveling for Summers, long one of the most influential figures in American economics'
(Image credit: Victor J. Blue / Bloomberg / Getty Images)

What happened

Former Treasury Secretary Lawrence Summers is stepping down as a professor at Harvard over his close relationship with Jeffrey Epstein, he and the university said Wednesday. Summers has been on leave from Harvard, where he once served as president, since the depth of his friendship with Epstein was revealed in emails released by Congress in November.

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Rafi Schwartz, The Week US

Rafi Schwartz has worked as a politics writer at The Week since 2022, where he covers elections, Congress and the White House. He was previously a contributing writer with Mic focusing largely on politics, a senior writer with Splinter News, a staff writer for Fusion's news lab, and the managing editor of Heeb Magazine, a Jewish life and culture publication. Rafi's work has appeared in Rolling Stone, GOOD and The Forward, among others.