Bloomberg has learned that Harvard is negotiating a $1 billion stock sale.

After the administration of US President Donald Trump expressed its intention to block Harvard's funding, the university began negotiating the sale of its shares in the amount of $ 1 billion. This was reported by Bloomberg on April 24.

"The Harvard University Foundation is at an advanced stage of negotiations to sell about $1 billion worth of shares in a private equity fund at a time when the institution is facing financial uncertainty, compounded by pressure from President Donald Trump's threats and a sluggish market for illiquid asset yields," the publication says.

According to the agency, Harvard launched a portfolio of shares last year. The university is currently working with Jefferies Financial Group to transfer shares to the investment company Lexington Partners in a so-called secondary transaction. The Agency is not yet aware of the terms of the agreement, as it has not been fully agreed and may be subject to changes.

On the same day, Trump called Harvard University a "threat to democracy" and accused its leadership of "liberal disorder." The president's comment came after the Harvard leadership once again ignored the Trump administration's demands on the educational institution.

The Wall Street Journal newspaper wrote on April 20 that the Trump administration intends to deprive Harvard University of another $ 1 billion due to its refusal to change the internal policy of the educational institution. The next day, on April 21, The New York Times reported that Harvard had filed a lawsuit against the Trump administration after its threats to cut funding.