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Former Treasury Secretary Larry Summers said Monday that he was stepping back from all public commitments amid fallout from the release of emails between him and the notorious sex offender Jeffrey Epstein .

"I am deeply ashamed of my actions and recognize the pain they have caused. I take full responsibility for my misguided decision to continue communicating with Mr. Epstein," Summers said in a statement obtained by CNBC.

"While continuing to fulfill my teaching obligations, I will be stepping back from public commitments as one part of my broader effort," said Summers, a former president of Harvard University who teaches at the school.

Summers is a member of the board of OpenAI . He is also a columni

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