Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Can SEBI’s salary linked SIP plan trigger India’s biggest mutual fund behaviour shift?
    • Why bonds may not save investors from the next market shock: Chart of the Day
    • How $700,000 Spread Across Four Preferred Stock ETFs Generates $42,000 a Year Even When the Stock Market Stalls
    • Best low-expense mutual funds: 5-star funds with up to 15% returns despite market turmoil in 1 year – Mutual Funds News
    • Dogecoin Spot ETFs Pull $14.7M in Early Inflows
    • Defiance ETFs files for Nvidia and Google Ventures ETFs targeting portfolio companies of tech giants
    • SEBI proposes payroll linked mutual fund SIPs, unit commissions; check details
    • Hamilton ETFs Announces Plans to Launch Bitcoin DayMAX™ ETF with Filing of Preliminary Prospectus
    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

    Best low-expense mutual funds: 5-star funds with up to 15% returns despite market turmoil in 1 year – Mutual Funds News

    May 22, 2026

    Irish Funds Industry Special Report – The Irish Times

    May 21, 2026

    Why tokenisation could remake Ireland’s funds industry – The Irish Times

    May 21, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Why bonds may not save investors from the next market shock: Chart of the Day

    May 23, 2026

    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

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

    November 19, 2023
    Don't Miss
    Mutual Funds

    Can SEBI’s salary linked SIP plan trigger India’s biggest mutual fund behaviour shift?

    May 23, 2026

    India’s mutual fund industry may be heading toward a major transformation as the Securities and…

    Why bonds may not save investors from the next market shock: Chart of the Day

    May 23, 2026

    How $700,000 Spread Across Four Preferred Stock ETFs Generates $42,000 a Year Even When the Stock Market Stalls

    May 23, 2026

    Best low-expense mutual funds: 5-star funds with up to 15% returns despite market turmoil in 1 year – Mutual Funds News

    May 22, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    ET Money, a 360 ONE company, launches Loans Against Mutual Funds – ThePrint – ANIPressReleases

    July 10, 2025

    This Mutual Fund Turned Rs 1 Lakh Into Rs 11.48 Lakh In 12 Years | Details Inside | Markets News

    September 29, 2025

    Sip & Stroll continues to grow with each festival – Bowie News

    October 12, 2024
    Our Picks

    Can SEBI’s salary linked SIP plan trigger India’s biggest mutual fund behaviour shift?

    May 23, 2026

    Why bonds may not save investors from the next market shock: Chart of the Day

    May 23, 2026

    How $700,000 Spread Across Four Preferred Stock ETFs Generates $42,000 a Year Even When the Stock Market Stalls

    May 23, 2026
    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

    ₹9000 monthly SIP can help you retire at 45 with ₹2 lakh monthly pension

    May 5, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

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