Former US Treasury Secretary Larry Summers has been removed from his position as a research associate at The National Bureau of Economic Research (NBER), as reported by the Wall Street Journal on Monday. This decision comes in the wake of Summers' association with the late convicted sex offender Jeffrey Epstein. The NBER's president, James Poterba, confirmed in an email that Summers is no longer affiliated with the organization.
This recent development marks another consequence for Summers following his connections with Epstein. Last month, Summers announced his resignation from teaching at Harvard University by the end of the academic year, subsequent to being banned for life from The American Economic Association.
An ad hoc committee at NBER assessed Summers' conduct and recommended the termination of his appointment as a research associate. While documents released by the US House Oversight Committee revealed a close relationship between Summers and Epstein that persisted beyond Epstein's 2008 conviction, there is no indication that Summers was involved in Epstein's illicit activities.
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