Larry Summers hit with lifetime ban by high-profile economics club over Epstein ties

One of the astir prestigious scholarly associations successful the U.S. has barred erstwhile Harvard President Larry Summers for life, appearing to condemn him implicit his ties to precocious disgraced financier Jeffrey Epstein.

The American Economic Association (AEA), which counts among its members immoderate of the nation’s starring academics, authorities officials and concern executives, announced the enactment Tuesday connected its website.

"The American Economic Association (AEA) has accepted Lawrence H. Summers' voluntary resignation from rank and, pursuant to the AEA's Policies, Procedures, and Code of Professional Conduct, has imposed a beingness prohibition connected his membership," the connection said. 

"In addition, effectual immediately, the AEA has imposed a beingness prohibition connected Mr. Summers' attending, speaking at, oregon different participating successful AEA-sponsored events oregon activities, including serving successful immoderate editorial oregon refereeing capableness for AEA journals."

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Larry Summers and Jeffrey Epstein ( )

"The AEA condemns Mr. Summers' conduct, arsenic reflected successful publically reported communications, arsenic fundamentally inconsistent with its standards of nonrecreational integrity and with the spot placed successful mentors wrong the economics profession," the connection said.

The association’s determination follows the merchandise of emails showing Summers’ adjacent narration with Epstein.

Harvard has faced its ain scrutiny implicit its long-running ties to Epstein, including donations helium made to the Ivy League assemblage and his visits to campus.

Summers, who served arsenic Harvard’s president from 2001 to 2006, has antecedently been criticized for maintaining interaction with Epstein adjacent aft the financier’s 2008 conviction.

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Harvard's erstwhile president, Larry Summers, has withdrawn from nationalist commitments amid revelations of continued connection with disgraced financier Jeffrey Epstein. (Kevin Dietsch/Getty Images)

In 1 of the emails released successful November, Epstein referred to himself arsenic a "wing man" for Summers.

The fallout surrounding the emails saw Summers measurement down from respective nationalist and advisory roles, including positions astatine OpenAI, the Center for American Progress and the Yale Budget Lab.

The unit accrued further aft a student-recorded video of Summers addressing questions astir his ties to Epstein went viral.

Larry Summers during the 2017 Henry A. Kissinger Prize astatine the American Academy successful Berlin connected June 20, 2017, successful Berlin, Germany. (Chad Buchanan via Getty Images)

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The clip, which showed students confronting him and expressing vexation implicit his answers, sparked field protests and renewed disapproval implicit his handling of the controversy.

Fox News Digital has reached retired to the American Economic Association and Larry Summers for further comment.