President Trump continues his conflict with Harvard University by announcing plans to revoke its tax-exempt status. This follows Harvard's refusal to meet the administration's requirements related to diversity, equity, and inclusion (DEI) initiatives and antisemitism. Trump claims this action is deserved, while Harvard asserts that revoking its tax status would harm its educational mission and financial aid capabilities. The dispute underscores broader tensions between the administration and higher education institutions, potentially leading to litigation over the legality of such executive actions.
"We are going to be taking away Harvard's Tax Exempt Status. It's what they deserve!" Trump stated on Truth Social.
Harvard spokesman Jason Newton said there was "no legal basis to rescind its status," warning it would jeopardize educational missions and financial aid.
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