About
Lawrence Summers is an American economist with a distinguished career in academia and public service. He served as the 71st United States Secretary of the Treasury under President Bill Clinton and later as the 27th President of Harvard University. He also held the position of Director of the National Economic Council under President Barack Obama. Summers is currently a professor at the Harvard Kennedy School and remains a prominent voice in economic policy debates.
Career Timeline
World Bank Chief Economist
Summers became Chief Economist at the World Bank, gaining international recognition in economic policy.
Secretary of the Treasury
Serving as Secretary of the Treasury elevated his influence and network significantly, increasing his net worth.
President of Harvard University
Becoming president of Harvard was a prestigious appointment.
Director of NEC
Advising President Obama on economic policy during the financial crisis.
Return to Academia
Summers went back to Harvard, continuing his research and advisory roles.
Prominent Economic Voice
Summers remains a significant voice in economic policy debates, influencing global economic thinking.
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Last updated: February 25, 2026