Former US Treasury Secretary Larry Summers was banned from participating in the organization's related activities for life by the American Economic Association due to his connection with Jeffrey Epstein, a convicted sex offender who died in 2019. One of the most prestigious organizations in the field of economics made this decision stemming from a newly published email revealing the depth of the relationship between Summers and Epstein. “The American Economic Association has imposed a lifelong ban on Mr. Summers from attending, speaking, or otherwise participating in any activity or project sponsored by the Association, including acting as editor or reviewer of the Association's journals,” the organization said in a statement posted on its official website on Tuesday.

Former US Treasury Secretary Larry Summers was banned from participating in the organization's related activities for life by the American Economic Association due to his connection with Jeffrey Epstein, a convicted sex offender who died in 2019. One of the most prestigious organizations in the field of economics made this decision stemming from a newly published email revealing the depth of the relationship between Summers and Epstein. “The American Economic Association has imposed a lifelong ban on Mr. Summers from attending, speaking, or otherwise participating in any activity or project sponsored by the Association, including acting as editor or reviewer of the Association's journals,” the organization said in a statement posted on its official website on Tuesday.