Trump says administration to remove Harvard’s tax exempt status

President Donald Trump broadcasted Friday that his administration intends to remove Harvard s tax exempt status A Truth Social post Friday morning read We are going to be taking away Harvard s Tax Exempt Status It s what they deserve Harvard responded to Trump s announcement Friday saying there is no legal basis to rescind the University s status Such an unprecedented action would endanger our ability to carry out our educational mission the University disclosed in a declaration It would conclusion in diminished financial aid for students abandonment of critical healthcare research programs and lost opportunities for innovation The unlawful use of this instrument more broadly would have grave consequences for the future of higher learning in America This is a evolving news story stay with NEWS on-air and online for the latest details