Larry Summers during an interview in New York on September 17. Last month, Summers said he would step back from public life due to his ties to Jeffrey Epstein. Victor J. Blue/Bloomberg/Getty Images

Larry Summers has been banned for life from the American Economic Association, a professional organization for economists with more than 17,000 members, over his ties to the late sex offender Jeffrey Epstein.

In a statement on Tuesday, the group said it had accepted Summers’ voluntary resignation.

“Effective immediately, the AEA has imposed a lifetime prohibition on Mr. Summers’ attending, speaking at, or otherwise participating in AEA-sponsored events or activities, including serving in any editorial or refereeing capacity for AEA journals,” the organization said .

Summers has long been

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