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00:02Larry Summers said Monday he will step back from public commitments after emails showed he
00:07regularly corresponded with Jeffrey Epstein, according to the Wall Street Journal.
00:11Summers said he is ashamed of his actions and wants to rebuild trust while continuing to teach
00:16at Harvard. Lawmakers released more than 20,000 Epstein-related documents last week
00:20that included Summers' communications with the financier. While the emails are not evidence of
00:25wrongdoing, they raised uncomfortable questions about his relationship with Epstein.
00:30The Harvard Crimson reported that Summers sought Epstein's advice in 2018 and 2019 on a romantic
00:37relationship with a woman described as a mentee. Trump said last week he would ask the Justice
00:42Department and FBI to investigate Epstein's relationships with several Democrats, including
00:47Summers, former President Bill Clinton, and venture capitalist Reid Hoffman.
00:52For all things money, visit Benzinga.com.
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