Trump demands $1 billion from Harvard | Fortune
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Trump demands $1 billion from Harvard | Fortune
"The president raised the stakes on social media Monday night, saying Harvard has been "behaving very badly." He said the university must pay the government directly as part of any deal - something Harvard has opposed - and that his administration wants "nothing further to do" with Harvard in the future. Trump's comments on Truth Social came in response to a New York Times report saying the president had dropped his demand for a financial payment, lowering the bar for a deal."
"Last June, Trump said a deal was just days away and that Harvard had acted "extremely appropriately" during negotiations. He later said an agreement was being finalized that would require Harvard to put $500 million toward the creation of a "series of trade schools" rather than a payment to the government. That deal appears to have fallen apart entirely. In his social media post, Trump said the trade school proposal had been turned down because it was "convoluted" and "wholly inadequate.""
President Donald Trump is demanding a $1 billion payment from Harvard and insists the university must pay the government directly as part of any settlement. He doubled the amount he previously sought and denied reports that he had dropped the demand. Negotiations over a proposed $500 million trade-school plan have collapsed, with Trump calling that proposal convoluted and inadequate. The administration has reduced Harvard's federal research funding and sought limits on foreign student enrollment. The White House frames actions as punishment for tolerating anti-Jewish bias on campus. Harvard officials did not immediately comment.
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