May 2 (UPI) -- President Donald Trump announced Friday he will take away Harvard University's tax-exempt status.
He made the announcement via his Truth Social account.
"It's what they deserve," he said.
The action follows a lawsuit filed by the college after it filed suit against the Trump administration last week when he froze over $2 billion in funding to the Ivy League school.
"We filed a lawsuit to halt the funding freeze because it is unlawful and beyond the government's authority," said Harvard President Alan Garber in April.
Trump suggested he would take this action after the Ivy League school filed a lawsuit against the administration last week over its decision to freeze over $2 billion in funding to the university after allegations it hadn't taken demanded action against anti-Semitism and DEI on its campus.
If Trump does make such a move, it's likely to face more litigation from the school.
Read More
- Harvard sues Trump administration over funding withdrawal, oversight demands
- Trump administration warns Harvard about international student funding
- DHS threatens Harvard's ability to enroll foreign students, cuts $2.7M in grants
- Trump admin. freezes $2.2B in grants after Harvard rejects policy changes