Larry Summers, a former Treasury secretary under President Bill Clinton and the former president of Harvard University, said he's stepping back from public life after his apparent conversations with Jeffrey Epstein were released last week by the House Oversight Committee.

"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 on Monday.

Summers is currently a member of Harvard's faculty, according to the Harvard Crimson.

"While continuing to fulfill my teaching obligations, I will be stepping back from public commitments as one part of my broader effort to rebuild trust and repair relationships with the people closest to me," he said.

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