Trump administration gets sued by Harvard for freezing federal funds

Source Cryptopolitan

On Monday, Harvard University sued the Trump administration to halt what it calls an “unlawful” plan to pause over $3 billion in federal funds.

In a statement, Harvard’s president, Alan Garber, said the government’s “sweeping and intrusive demands . . . would impose unprecedented and improper control over the University,” causing “stark real‑life consequences for patients, students, faculty, staff, researchers, and the standing of American higher education in the world.”

Soon after this action, over 150 US university leaders issued a declaration opposing “undue government intrusion” on campuses. Signatories included the presidents of Princeton, MIT, Brown, Yale, and a few others.

The administration says that the university has failed to address antisemitism. Earlier this month, it froze $2.2 billion in federal support and sought to block future grants worth hundreds of millions to Harvard and four other top universities.

Harvard gets into it with Trump administration

An email leaked to the journal Nature and shared on X on Monday showed a senior NIH official telling colleagues to “hold off on making awards” to Harvard, Brown, Columbia, Cornell and Northwestern, without explanation; these five schools received $1.7 billion in NIH grants last year.

The Trump administration has also threatened to strip the university of its tax‑exempt status after university leaders refused demands for tight government controls.

Seven institutions have faced targeted funding cuts since March. Cornell’s president, Michael Kotlikoff, said in an email Monday that he had received none of the official notices confirming a $1 billion freeze announced in early April.

However, he added that Cornell researchers have been served “stop work” orders by federal funders and said the university was “responding forcefully,” including legal, strategic, and policy‑level actions.

The government has revoked hundreds of student visas

Meanwhile, the government has stepped up detentions of pro‑Palestinian student protesters nationwide and revoked hundreds of international student visas. Officials told the university to provide records of its “foreign student visa holders’ illegal and violent activities” or lose eligibility to host overseas students.

Harvard said that it would “not surrender its independence or relinquish its constitutional rights.” Garber added, “We will continue to comply with the law and expect the administration to do the same.”

The university formed committees to study antisemitism and released preliminary recommendations last summer. Garber said that these findings and a separate report on Muslim, anti‑Arab, and anti‑Palestinian bias would be published “soon.”

The Wall Street Journal reported that the administration’s antisemitism task force was upset by Harvard’s choice to make its letter public and planned further freezes of around $1 billion.

Harvard’s refusal to comply—unlike Columbia University’s agreement to overhaul its governance and student discipline—sparked a wave of alumni donations to Harvard.

Faculty, students, and alumni at other campuses have also called for coordinated resistance to the Trump administration’s actions against higher education.

Harvard is better positioned than most universities to weather cuts in federal support, thanks to its $53 billion endowment—the largest of any US higher education institution. Harvard and other universities have tapped bond markets for short‑term cash revenue, and some even imposed hiring freezes and other cost‑saving steps.

Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Strait of Hormuz Blockade: JPM Warns Crude Production May Halt After 25 Days. How Will US-Iran Conflict Trajectory Affect Global Oil Prices?TradingKey - Following the announcement of a ban prohibiting all vessels from transiting the Strait of Hormuz on the evening of February 28, JPMorgan (JPM) warned that if the Strait of Hormuz is compl
Author  TradingKey
11 hours ago
TradingKey - Following the announcement of a ban prohibiting all vessels from transiting the Strait of Hormuz on the evening of February 28, JPMorgan (JPM) warned that if the Strait of Hormuz is compl
placeholder
WTI Price Forecast: Retreats from seven-month top, still well bid near $71.00 markWest Texas Intermediate (WTI) US Crude Oil prices trim a part of strong intraday gains to levels beyond the $73.00 mark, or the highest since June 2025, touched this Monday in reaction to a dramatic escalation of geopolitical tensions in the Middle East.
Author  FXStreet
13 hours ago
West Texas Intermediate (WTI) US Crude Oil prices trim a part of strong intraday gains to levels beyond the $73.00 mark, or the highest since June 2025, touched this Monday in reaction to a dramatic escalation of geopolitical tensions in the Middle East.
placeholder
Gold jumps over 2% toward $5,400 after US, Israel attack Iran Gold is on fire at the start of the week, a widely expected move, as investors seek harbor in the traditional store of value, following the continued US and Israel attacks on Iran.
Author  FXStreet
20 hours ago
Gold is on fire at the start of the week, a widely expected move, as investors seek harbor in the traditional store of value, following the continued US and Israel attacks on Iran.
placeholder
Oil prices rise as US and Iran extend talks into next weekUS-Iran talks end with no deal but signs of progressOPEC+ to consider oil output increase for April, sources sayBrent and WTI benchmarks register slight daily gainsBy Anna Hirtenstein LONDON, Feb 27 (Reuters) - Oil prices rose on Friday but were on track to finish the week relatively flat after t...
Author  Reuters
Feb 27, Fri
US-Iran talks end with no deal but signs of progressOPEC+ to consider oil output increase for April, sources sayBrent and WTI benchmarks register slight daily gainsBy Anna Hirtenstein LONDON, Feb 27 (Reuters) - Oil prices rose on Friday but were on track to finish the week relatively flat after t...
placeholder
Silver Price Forecast: XAG/USD jumps above $90 as AI valuation risks boost safe-haven demandSilver price (XAG/USD) is up 2.4% to near $90.60 during the European trading session on Friday. The white metal strengthens as escalating concerns over valuations of Artificial Intelligence (AI) stocks have prompted demand for safe-haven assets.
Author  FXStreet
Feb 27, Fri
Silver price (XAG/USD) is up 2.4% to near $90.60 during the European trading session on Friday. The white metal strengthens as escalating concerns over valuations of Artificial Intelligence (AI) stocks have prompted demand for safe-haven assets.
goTop
quote