SUBJECT-8823.dossier · person · status: active
Larry Summers LS
subject of file

Larry Summers

Clinton Treasury Secretary (1999-2001); suppressed CFTC derivatives regulation
Tracked because Clinton Treasury Secretary (1999-2001); suppressed CFTC derivatives regulation · 18 documented connections
Facts on record5
Connections mapped18
Sources cited16
✦ Thin coverage gap +38 connected to 18 entities · only 5 facts on record · flagged for follow-up research
Evidence: 5P
Network web → Timeline → Compare with… → Position Drift → Coverage tone → View on Graph → View Card → Export CSV JSON Dossier ← Entity Directory
Stated vs Revealed
No documented contradictions on file.
[PUBLIC COST ESTIMATE]
Documented financial relationships span 0 money flow chains, while 10 elected officials hold documented connections.
0Money Chains
0Traced Hops
Connected Officials
Calculation Methodology

Contract values are summed from documented money flow chains where this entity appears as a source or destination node. Amounts are drawn from USASpending.gov, FEC filings, SEC EDGAR, or LD-2 lobbying registrations.

Donor contributions aggregate documented amounts from the donor_interests table, sourced from FEC individual and PAC contribution filings.

Connected officials are elected officials in our database with a mapped relationship (lobbying, board membership, campaign contribution, etc.) to this entity.

Annualised flow represents the total documented dollar amount traced through money flow hops involving this entity. Where hop-level amounts are unavailable, the chain-level documented total is used as a conservative upper bound.

All figures are drawn from public filings. Estimates are conservative — undisclosed transactions, dark money, and vanish-point hops are excluded from totals. This is a minimum documented floor, not a ceiling.

PATTERN elected official → [colleague] → elected official → [gove... 216× PATTERN person → [government professional] → elected official → [... 136× PATTERN organization → [donor] → elected official → [government p... 136× PATTERN person → [government professional] → elected official → [... 92× PATTERN person → [colleague] → elected official → [government pro... 92×
TIMELINE Role Overlap Visualizer →
Connection Map
Key Connections
→ Brooksley Born person
disagreement/conflict
Larry Summers told Brooksley Born 'I have 13 bankers in my office and they say if you go forward with this you will cause the worst financial crisis since World War II'
← Chuck Schumer elected official
government_professional
Summers served as Treasury Secretary (1999–2001) and NEC Director (2009–2010) while Schumer was a senator on relevant committees.
← Michael Froman person
Listed as cabinet candidate
Michael Froman sent the Obama transition team a list of cabinet candidates on October 6, 2008, which included Larry Summers as a Treasury Secretary option.
← Elizabeth Warren elected official
Financial Crisis Policy
Warren's TARP oversight panel operated during Summers' tenure as Director of the National Economic Council under President Obama.
→ Commodity Futures Modernization Act of 2000 instrument
advocacy_and_benefit
Promoted derivatives deregulation, then earned millions in post-government private sector roles
→ Gary Gensler person
supervisor
Summers elevated Gensler and used him as point man for derivatives deregulation
← Robert Rubin person
protege_network
Summers was Rubin's deputy at Treasury, then succeeded him as Treasury Secretary. He continued the deregulation agenda, yelled at Brooksley Born on Rubin's behalf, then became Obama's NEC Director — ensuring continuity of Rubin's policy framework across three administrations.
← Robert Edward Rubin person
mentor_protege
Rubin mentored Summers who replaced him as Treasury Secretary
Facts (5)
Data Freshness
Ageing Last update: 159d ago · Avg age: 3100d
Confidence Tiers: Primary Source — cross-referenced government/corporate filings Pending Review — sourced but not independently verified AI Inference — analytical hypothesis from cross-referencing
✓ Verified Findings (5)
Independently re-checked: a second model read the source artifact and confirmed it supports the extracted claim.
✓ verified Primary Source Larry Summers told Brooksley Born 'I have 13 bankers in my office and they say if you go forward with this you will cause the worst financial crisis since World War II'
✓ verified Primary Source Treasury Secretary Summers urged Congress to pass derivatives deregulation legislation in 2000
✓ verified Primary Source Larry Summers elevated Gensler to Treasury Undersecretary after Rubin left for Citigroup
✓ verified Primary Source Larry Summers advocated for Commodity Futures Modernization Act and testified that swaps should be largely unregulated
Date: 2000-01-01 Added: 15 Apr 2026 ↗ SOURCE: Congressional testimony and NPR reporting
✓ verified Primary Source Larry Summers' net worth increased from $900,000 in 1999 to between $17-39 million by 2009
All Connections (18)
advocacy_and_benefit confirmed
Promoted derivatives deregulation, then earned millions in post-government private sector roles
→ Gary Gensler person
supervisor confirmed
Summers elevated Gensler and used him as point man for derivatives deregulation
→ Brooksley Born person
disagreement/conflict primary since 1998
Larry Summers told Brooksley Born 'I have 13 bankers in my office and they say if you go forward with this you will cause the worst financial crisis since World War II'
→ Phil Gramm person
collaborator secondary since 2000
Larry Summers advocated for Commodity Futures Modernization Act, which was championed by Phil Gramm in the Senate
→ Alan Greenspan person
same policy stance secondary since 2000
Summers advocated for derivatives deregulation alongside Greenspan, who was Fed Chair during the Commodity Futures Modernization Act debate
→ Arthur Levitt person
same policy stance secondary since 2000
Levitt was SEC Chair during Summers' push for derivatives deregulation and supported the Commodity Futures Modernization Act
→ Citigroup organisation
favored in policy inferential since 1999
Robert Rubin left Treasury for Citigroup; Summers' derivatives deregulation benefited large banks like Citigroup
→ Goldman Sachs organisation
membership inferential since 1999
Summers' Treasury team included Robert Rubin (former Goldman co-chairman) and Gary Gensler (former Goldman partner)
→ Bear Stearns company
indirect connection inferential since 2000
Derivatives deregulation championed by Summers enabled unregulated swaps trading that Bear Stearns engaged in before its 2008 collapse
historical context inferential since 1998
Summers was involved in 1998 LTCM bailout discussions while at Treasury, preceding his push for derivatives deregulation
← Robert Rubin person
protege_network primary
Summers was Rubin's deputy at Treasury, then succeeded him as Treasury Secretary. He continued the deregulation agenda, yelled at Brooksley Born on Rubin's behalf, then became Obama's NEC Director — ensuring continuity of Rubin's policy framework across three administrations.
← Robert Edward Rubin person
mentor_protege confirmed
Rubin mentored Summers who replaced him as Treasury Secretary
← National Economic Council (NEC) government agency
employment inferential since 2009
Larry Summers served as Director of the National Economic Council (NEC) under President Barack Obama. Summers is listed in the known entities database.
← Michael Froman person
Listed as cabinet candidate primary since 2008
Michael Froman sent the Obama transition team a list of cabinet candidates on October 6, 2008, which included Larry Summers as a Treasury Secretary option.
policy_advisor secondary since 2008
Larry Summers, as part of the Obama administration economic team, was involved in the broader policy response that included the PDCF.
← Elizabeth Warren elected official
Financial Crisis Policy, financial_policy_context primary since 2009
Warren's TARP oversight panel operated during Summers' tenure as Director of the National Economic Council under President Obama. · Both Elizabeth Warren and Larry Summers appear in the known entities list; Warren has publicly differed with Summers on financial regulatory approaches, though the documented facts do not provide specific details.
contemporary policy figure inferential since 1999
As Treasury Secretary (1999-2001), Summers was involved in the final stages of the Gramm-Leach-Bliley Act implementation and later defended aspects of the deregulation Bliley championed.
← Chuck Schumer elected official
government_professional primary since 1999
Summers served as Treasury Secretary (1999–2001) and NEC Director (2009–2010) while Schumer was a senator on relevant committees.
Sources (16)
2026 UNVERIFIED Research: Larry Summers — Lobbying disclosures (no results) government_disclosure Processed 📜 Receipt
2014-07-23 ↗ SEC EDGAR: filing — Larry Summers (2014-07-23) sec_filing Processed 📜 Receipt
2026 UNVERIFIED Research: Larry Summers — Parliamentary records (no results) parliamentary_record Processed 📜 Receipt
2026 UNVERIFIED Research: Larry Summers — Court records (no results) court_document Processed 📜 Receipt
2026 UNVERIFIED Research: Larry Summers — FEC donations (no results) fec_record Processed 📜 Receipt
2014-05-29 ↗ SEC EDGAR: filing — Larry Summers (2014-05-29) sec_filing Processed 📜 Receipt
2005-03-23 ↗ SEC EDGAR: filing — Larry Summers (2005-03-23) sec_filing Processed 📜 Receipt
2026-05-10 UNVERIFIED SEARCH_ERROR: Larry Summers not found in fec claim_flag Processed 📜 Receipt
2014-08-27 ↗ SEC EDGAR: filing — Larry Summers (2014-08-27) sec_filing Processed 📜 Receipt
2021-12-30 ↗ SEC EDGAR: filing — Larry Summers (2021-12-30) sec_filing Processed 📜 Receipt
2014-10-20 ↗ SEC EDGAR: filing — Larry Summers (2014-10-20) sec_filing Processed 📜 Receipt
1998-04-00 ↗ Michael Greenberger testimony and news reports web_search Processed 📜 Receipt
2000-11-01 ↗ NPR reporting on Summers' testimony supporting CFMA web_search Processed 📜 Receipt
1999-07-01 ↗ The Nation and other sources documenting Gensler's promotion under Summers web_search Processed 📜 Receipt
2000-01-01 ↗ Congressional testimony and NPR reporting web_search Processed 📜 Receipt
— ↗ Financial disclosure reports web_search Processed 📜 Receipt