After Donald Trump's reelection, Harvard University faces significant challenges posed by his administration, including potential funding cuts and a proposed 35% tax on its endowment. In light of these threats, Harvard announced measures like a hiring freeze and reduced admissions. University officials, including president Alan Garber, express deep concern, citing the heightened risk to their operations. Harvard is creating alliances within Trump's circle and has engaged a leading lobbying firm to help manage the crisis, signaling a major shift in its approach to Washington D.C. policy advocacy.
Last year, federal grants accounted for 11% of Harvard's operating revenue and paid for two-thirds of its sponsored research.
This is a crisis,” says Todd Wolfson, the president of the American Association of University Professors. “It’s the greatest mortal threat that the higher education sector has ever faced.
To mitigate funding cuts, Harvard has hired Ballard Partners, MAGAworld's leading lobbying firm, and is seeking alliances with Trump's trusted conservatives.
Strange bedfellows,” one lobbyist observed. “Get used to it.”
Collection
[
|
...
]