Larry Summers Steps Down from OpenAI Board

Larry Summers, the president emeritus and a professor at Harvard University, spoke in an interview on September 17, 2025, in New York. He cautioned that while financial markets currently exhibit minimal concern regarding the independence of the Federal Reserve, this perception could change rapidly. Summers emphasized the potential risks associated with the Federal Reserve’s credibility and its impact on market stability. His remarks highlight ongoing tensions in economic policy and governance.

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