President Trump recently threatened to revoke Harvard University's tax-exempt status, reigniting tensions between his administration and the prestigious institution. Trump accused Harvard of failing to protect Jewish students and has linked potential consequences to its political stance. Despite Trump's claims, Harvard has firmly rejected the administration's demands, labeling them as illegal attempts to influence university operations. In reaction, the federal government has frozen over $2.2 billion in funding to the university. Harvard has countered with a lawsuit against the government, citing First Amendment violations and improper procedures in addressing these issues.
We are going to be taking away Harvard's Tax Exempt Status. It's what they deserve!" Trump wrote in a Truth Social post. His comments marked the latest volley in a battle between the Trump administration and the wealthiest college in the world.
In response, the government froze more than $2.2 billion in federal funding. Nearly all colleges and universities are tax-exempt organizations. They are given nonprofit status along with charities, religious institutions and some political organizations.
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