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Larry Summers said he will scale back public commitments after newly released Epstein documents revealed years of correspondence between them. Summers apologized and plans to continue teaching at Harvard, while Trump called for investigations into Epstein’s ties to several Democrats.

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00:00It's Benzinga bringing Wall Street to Main Street.
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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