News

US President Donald Trump on Friday said his administration would be taking away the tax-exempt status of Hardvard University, saying "it's what they deserve."

"We are going to be taking away Harvard’s Tax Exempt Status. It’s what they deserve!" read his Truth Social post.

Last month, Harvard was hit with a $2.2 billion federal funding freeze after rejecting a list of sweeping demands that the White House said was intended to crack down on campus anti-Semitism.

The call for changes to its governance, hiring practices and admissions procedures expands a list Harvard received on April 3, which ordered officials to shut diversity offices and cooperate with immigration authorities for screenings of international students.

Trump and his White House team have publicly justified their campaign against universities as a reaction to what they say is uncontrolled "anti-Semitism" and a need to reverse diversity programs aimed at addressing historical oppresion of minorities.

The administration claims protests against Israel's war in Gaza that swept across US college campuses last year were rife with anti-Semitism.

Many US universities, including Harvard, cracked down on the protests over the allegations at the time, with the Cambridge-based institution placing 23 students on probation and denying degrees to 12 others, according to protest organizers.

Other institutions, including Columbia University, have bowed to less far-ranging demands from the Trump administration, which claims that the educational elite is too left-wing.

Discover the latest Business News, Budget 2025 News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

${res.must_watch_article[0].headline}

Stock Market Holiday Jammu Kashmir News Live Tim Cook Delhi Rain PM Modi on Shashi Tharoor Odisha 10th Result 2025 Ganga Expressway Indian Rupee Hyderabad Water Crisis IPL Points Table 2025

Business Markets Stocks India News City News Economy Mutual Funds Personal Finance IPO News Startups

Home Currencies Commodities Pre-Market IPO Global Market Bonds

Home Loans up to 50 Lakhs Credit Cards Lifetime Free Finance TrackerNew Fixed Deposits Fixed Deposit Comparison Fixed Income

Home MC 30 Top Ranked Funds ETFs Mutual Fund Screener

Income Tax Calculator EMI Calculator Retirement Planning Gratuity Calculator

Stock Markets

News18 Firstpost CNBC TV18 News18 Hindi Cricketnext Overdrive Topper Learning

About Us Contact Us Advisory Alert Advertise with Us SupportDisclaimer Privacy Policy Cookie Policy Terms & Conditions Financial Terms (Glossary) Sitemap Investors

You are already a Moneycontrol Pro user.