Trump Threatens Harvard’s Tax Standing After Freezing Funds

President Trump threatened Harvard College’s tax-exempt standing on Tuesday after the varsity rebuffed the administration’s calls for aimed toward purging “woke” ideology from America’s faculty campuses.

The transfer escalated the feud between the Trump administration and Harvard, the nation’s richest in addition to oldest college.

“Maybe Harvard ought to lose its Tax Exempt Standing and be Taxed as a Political Entity if it retains pushing political, ideological, and terrorist impressed/supporting “Illness?” Keep in mind, Tax Exempt Standing is completely contingent on performing within the PUBLIC INTEREST!”

It’s the most recent flip in a struggle between Mr. Trump and academia extra broadly, wherein the Trump administration has been threatening to withhold billions of {dollars} in federal funding from numerous schools and universities over variety hiring practices and the tolerance of anti-Israel protests on campuses that generally included antisemitic conduct.

Final week, Harvard was despatched a letter by the Trump administration demanding reforms and routine progress studies on how they had been being carried out, so as to proceed to “keep” the monetary relationship with the federal government. Harvard rejected the demand, and the Trump administration instituted a funding freeze of greater than $2 billion.

Harvard is uniquely positioned to face up to such a change, with an endowment totaling greater than $50 billion. Against this, Columbia College, which has a much smaller endowment, settled with the administration when it was pressed to make modifications to its insurance policies and packages.