Another setback for Summers.
Ever since his and his wife’s emails to Jeffrey Epstein came to light in the documents subpoenaed by the House Oversight Committee with the late sex offender’s estate, life became a nightmare for Larry Summers.
And the hits keep coming.
After losing his seat at OpenAI board and his teaching work at Harvard, now ‘a prestigious group for economic scholars’ have banned him for life.
The New York Post reported:
“The American Economic Association said on Tuesday that it had accepted the 71-year-old’s resignation after Congress released emails that showed Summers remained friends with the sex offender after his 2008 conviction for soliciting prostitution from a minor — at one point even asking Epstein for dating advice.
The Nashville-based nonprofit said it had permanently revoked Summers’s membership, but added that it has also immediately blacklisted the former Treasury Secretary under Bill Clinton from all of its work.”
The AEA has imposed a lifetime ban on Lawrence H. Summers’ membership and participation in AEA activities. See the full statement here. https://t.co/0gFom2D53p
— AEA Information (@AEAInformation) December 2, 2025
“The American Economic Association (AEA) has accepted Lawrence H. Summers’ voluntary resignation from membership and, pursuant to the AEA’s Policies, Procedures, and Code of Professional Conduct, has imposed a lifetime ban on his membership. In addition, effective immediately, the AEA has imposed a lifetime prohibition on Mr. Summers‘ attending, speaking at, or otherwise participating in AEA-sponsored events or activities, including serving in any editorial or refereeing capacity for AEA journals. The AEA condemns Mr. Summers’ conduct, as reflected in publicly reported communications, as fundamentally inconsistent with its standards of professional integrity and with the trust placed in mentors within the economics profession. Consistent with longstanding AEA practices and to protect the integrity and confidentiality of AEA processes, the AEA will not comment further on individual matters or the specific considerations underlying this determination.
The AEA is committed to upholding the highest standards of professional conduct and to fostering a safe, respectful, and inclusive environment for all members of the economics community. The AEA affirms its expectation that all members adhere to the AEA Code of Professional Conduct and the AEA Policy on Harassment, Discrimination, and Retaliation, and remains dedicated to maintaining professional environments in which economists of all backgrounds can participate fully, and with dignity and respect.”
“Larry Summers honeymooned on Epstein’s Caribbean hideaway, where he would often invite rich and powerful figures for extravagant parties where young girls were present.
It is the latest humiliating blow to the Obama and Clinton administration alum, who has effectively been exiled from public life after it emerged he honeymooned on the pervy banker’s Caribbean island and travelled on the so-called ‘Lolita Express’.”
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