Trump intends to strip Harvard of its tax-exempt status

On May 2, US President Donald Trump announced his intention to deprive Harvard University of the status of a tax-exempt organization.

"We are going to strip Harvard of its tax—exempt status," Trump wrote on the TruthSocial social network.

The American leader also said that "Harvard deserves it."

Earlier, on April 29, it was reported that the Trump administration launched an investigation into Harvard University and the Harvard Law Review scientific journal in connection with allegations of racism. In this regard, an audit will be conducted in relation to the educational institution, which will affect internal documents, as well as the policy of selecting staff and authors of articles.

On April 24, 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.