Trump to take away Harvard’s tax exempt status: ‘It’s what they deserve!’

President Trump on Friday said he is stripping Harvard University of its tax exempt status.

“We are going to be taking away Harvard’s Tax Exempt Status. It’s what they deserve!” he said in a Truth Social post.

Donald Trump REUTERS

Harvard University REUTERS

The move comes just weeks after the Trump administration froze $2.2 billion in multiyear federal grants over the elite Ivy League school’s refusal to help stamp out alleged antisemitism and hate on campus.