Kevin Breuninger, CNBC
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President Donald Trump on Friday said his administration will revoke Harvard University's tax-exempt status, escalating his previous threats against the Ivy League school and potentially expanding an ongoing legal battle.
"It's what they deserve!" Trump wrote in a terse Truth Social post announcing the decision.
The post is the latest escalation in Trump's campaign against Harvard and other elite schools, based on claims that they have fostered antisemitism and other forms of discrimination on their campuses.
Trump has sought to extract...
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