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Home»Business»Larry Summers resigns from OpenAI board after backlash over Epstein ties
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Larry Summers resigns from OpenAI board after backlash over Epstein ties

EditorBy EditorNovember 19, 2025No Comments3 Mins Read
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Rep. James Comer, R-Ky., discusses efforts to acquire Jeffrey Epstein–associated monetary information and shares his views on federal oversight and January 6.

Former Treasury Secretary and Harvard President Larry Summers resigned from the board of OpenAI amid the fallout over his correspondence with disgraced late financier Jeffery Epstein.

“I’m deeply ashamed of my actions and acknowledge the ache they’ve induced. I take full duty for my misguided determination to proceed speaking with Mr. Epstein. Whereas persevering with to meet my educating obligations, I will probably 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,” Summers mentioned in a press release to Fox Information.

OpenAI’s board responded to the announcement, saying, “Larry has determined to resign from the OpenAI Board of Administrators, and we respect his determination. We admire his many contributions and the angle he dropped at the Board.”

LARRY SUMMERS STEPS BACK FROM PUBLIC ROLES AFTER HOUSE RELEASE OF EPSTEIN CORRESPONDENCE

Larry Summers is stepping down from the OpenAI board amid the fallout over his correspondence with disgraced financier Jeffrey Epstein continues. (New York State Division of Felony Justice Providers/Handout by way of Reuters / Fox Information)

Summers’ determination to step away from a number of public roles comes after the discharge of seven years’ value of his correspondence with Epstein.

In a press release launched Monday to The Harvard Crimson, Summers mentioned his determination to step away from public roles was a part of an effort “to rebuild belief and restore relationships with the folks closest to me.”

Larry Summers speaking at an event

American economist and Harvard College Professor Lawrence H. Summers throughout an interview at Taj Place on Sept. 30, 2024, in New Delhi, India. (Raj Okay Raj/Hindustan Occasions by way of Getty Photos / Getty Photos)

LARRY SUMMERS SAYS JOBS REPORT SHOWS FED’S HALF-POINT RATE CUT WAS ‘A MISTAKE’

The paperwork confirmed Summers and Epstein corresponding as lately as July 5, 2019, the day earlier than the disgraced financier was arrested on intercourse trafficking expenses. Within the messages, Summers confided in Epstein about his pursuit of a romantic relationship with a lady he described as a mentee.

Among the many launched messages was one from November 2018, during which Epstein describes himself as Summers’ “wing man,” as he continued advising Summers on the connection for months.

Gates entering Harvard Yard

Individuals stroll via the gate on Harvard Yard on the Harvard College campus on June 29, 2023, in Cambridge, Mass. (Scott Eisen/Getty Photos / Getty Photos)

GET FOX BUSINESS ON THE GO BY CLICKING HERE

On Tuesday, The Harvard Crimson reported that the Ivy League college was opening a probe into Summers’ relationship with Epstein.

“The college is conducting a evaluate of data regarding people at Harvard included within the newly launched Jeffrey Epstein paperwork to judge what actions could also be warranted,” Harvard spokesperson Jonathan L. Swain wrote in a press release to the scholar newspaper.

Harvard had its attorneys conduct a sweeping probe of the Ivy League college’s ties to Epstein in 2020. The brand new investigation, in line with the scholar newspaper, may even contain probes into Harvard associates implicated within the paperwork, together with Summers’ spouse.

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