Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • CITs Outpace Mutual Funds in 2024
    • Supreme Court allows US to cancel $4 billion in foreign aid funds
    • NIH Funds New Autism Studies on Genes and Environment as Trump Focuses on Tylenol
    • As Dollar Falls, Consider GLOBAL Investments!
    • Retail shifts funds into DeFi post $1.8B liquidations, is this MUTM for sustained 16x ROI this season?
    • 💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds
    • How to build a Rs 5 crore corpus by age 50 with a simple SIP plan – Money News
    • $10T Vanguard Plans to Offer Crypto ETFs to Brokerage Clients
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»Trump Admin Hits Harvard With New Restrictions On Funds • Channels Television
    Funds

    Trump Admin Hits Harvard With New Restrictions On Funds • Channels Television

    September 20, 2025


     

    The Trump administration imposed fresh restrictions Friday on Harvard’s access to federal funds, opening a new front in its unprecedented crackdown on the prestigious US university.

    The Department of Education announced in a statement that it has placed Harvard under “heightened cash monitoring (HCM) status,” saying there were “growing concerns regarding the university’s financial position.”

    It cited the administration’s own accusations of civil rights violations at the university as creating uncertainty over future funding, as well as Harvard’s move to issue bonds and lay off employees.

    The status shift requires the university to use its own funds to pay out student financial aid packages that federal officials have promised, with the school later able to seek reimbursement from the government.

    READ ALSO: Trump Raises H-1B Visa Application Fee To $100,000

    A Harvard sign is seen at the Harvard University campus in Boston, Massachusetts, on May 27, 2025. (Photo by Rick Friedman / AFP)

     

    “Students will continue to have access to federal funding, but Harvard will be required to cover the initial disbursements as a guardrail to ensure Harvard is spending taxpayer funds responsibly,” the department wrote.

    Additionally, federal officials are requiring Harvard to “post an irrevocable letter of credit for $36 million” to “cover potential liabilities and ensure that Harvard meets its financial obligations to both students and the Department.”

    This latest jab in the Trump administration’s ongoing fight with academia comes after a judicial victory for the Cambridge, Massachusetts-based school in the northeastern United States.

    Trump officials accuse the university, and other schools around the country, of promoting so-called “woke” ideology, while failing to sufficiently protect its Jewish students during pro-Palestinian protests.

    Harvard has denied those claims, saying the federal government is instead focused on controlling the school’s hiring, admissions and curriculum.

    Earlier in September, a Boston judge ordered the administration to lift its freeze on approximately $2.6 billion in federal funds for Harvard, writing that Trump’s Department of Education “used antisemitism as a smokescreen for a targeted, ideologically motivated assault on this country’s premier universities.”

    Officials at Harvard did not comment on the latest federal funding restrictions, instead announcing Friday that it had begun recovering some of those frozen funds.

    “We are pleased to see the disbursement of $46 million in research funding from the U.S. Department of Health and Human Services. This is an initial step, and we hope to continue to see funding restored across all of the federal agencies.”



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Supreme Court allows US to cancel $4 billion in foreign aid funds

    September 26, 2025

    NIH Funds New Autism Studies on Genes and Environment as Trump Focuses on Tylenol

    September 26, 2025

    Retail shifts funds into DeFi post $1.8B liquidations, is this MUTM for sustained 16x ROI this season?

    September 26, 2025
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    NIH Funds New Autism Studies on Genes and Environment as Trump Focuses on Tylenol

    September 26, 2025

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    CITs Outpace Mutual Funds in 2024

    September 26, 2025

    There is no question of collective investment trusts’ popularity among retirement plan fiduciaries and investment…

    Supreme Court allows US to cancel $4 billion in foreign aid funds

    September 26, 2025

    NIH Funds New Autism Studies on Genes and Environment as Trump Focuses on Tylenol

    September 26, 2025

    As Dollar Falls, Consider GLOBAL Investments!

    September 26, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Bitcoin ETFs Still Seeing Solid Inflows as Ethereum ETF Exodus Continues

    August 27, 2024

    China’s clean energy investments reached $940bn in 2024

    February 19, 2025

    Top 10 ETFs to Buy To Prevent Portfolio Volatility

    May 5, 2025
    Our Picks

    CITs Outpace Mutual Funds in 2024

    September 26, 2025

    Supreme Court allows US to cancel $4 billion in foreign aid funds

    September 26, 2025

    NIH Funds New Autism Studies on Genes and Environment as Trump Focuses on Tylenol

    September 26, 2025
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹10,000 monthly SIP in this mutual fund has grown to ₹1.52 crore in 22 years

    September 17, 2025
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.