Fed governors may dissent against Powell amid Trump pressure - WSJ’s Timiraos
Investing.com -- U.S. President Donald Trump recently posted on Truth Social, hinting that Harvard University’s tax exempt status might be reconsidered. His statement suggests that if the university continues to promote political, ideological, and what he referred to as "terrorist inspired/supporting ’Sickness’", it should be taxed as a political entity.
Trump reminded his followers that tax exempt status is contingent on acting in the public interest.
Harvard University, like many other educational institutions in the U.S., currently enjoys tax exempt status. This status is granted to organizations that operate in the public interest, such as educational, charitable, and religious institutions.
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