Harvard approaches 'mindbogglingly' historic US deal, says Trump | Company Business News

President Donald Trump said his administration with Harvard University had talks and may have announced an agreement next week, which may have ended a stand that has endangered billions of dollars of the school’s financing and set fire to a legal battle. “They acted exceptionally appropriate during these negotiations and apparently committed to doing what is right,” Trump said on Truth Social on Friday. “If an array is made on the basis that is currently being discussed, it will be” minor “historical and very good for our country.” Trump’s optimistic tone indicates a great potential shift in one of the defining controversies of his term, so that he accused our colleges of promoting anti -Semitism and beating them for what he called their liberal prejudice. Harvard, the oldest and richest American university, carried the biggest attacks, with Trump canceling more than $ 2.6 billion in research funding, threatening the school’s tax -exempt status and trying to prevent it from enrolling foreign students. Harvard fired back and questioned the importance of the administration to work together to confront anti -Semitism and accuse it of “unconstitutional demands” that would ruin academic freedom. The university has sued the government for freezing federal financing and to ban foreign students at Harvard. The White House did not want to comment beyond the president’s post. Harvard did not immediately respond to a request for comment, and it was unclear how far the two sides are in the talks. Trump also went to other schools and frozen federal money at other selective institutions, including Northwestern University, Cornell University and Columbia University. Columbia negotiated with the administration to address the funding and in March agreed to a list of claims, including the expansion of police police in campus, tightening rules on protests and limiting masks used to hide identities. While these movements were angry with some faculties and students, US officials indicated that Columbia was on track to expose federal money. But the agreement fell apart after former Columbia interim president Katrina Armstrong upset some of the school’s critics after reports that she had delayed the changes in a zoom meeting with the faculty. Harvard Optimism The White House has indicated optimism over a Harvard agreement over the past few weeks. Trump told reporters on June 5 that Harvard ‘starts acting’, and Education Secretary Linda McMahon said at a Bloomberg News meeting last week that officials ‘made progress on some of the discussions’ with the school. McMahon added that consent decisions were flowed as one way to solve the Trump administration’s problems with universities. Consent decisions are binding legal agreements that schools can submit to a monitor ordered by the court. Last month, Harvard Corp., the powerful body that oversees the university, chose a conservative lawyer, Kannon Shanmugam, to serve as a member amid the unprecedented attacks of the Trump administration. Harvard Corp. and its chairman, former US trade secretary Penny Pritzker, has been under the investigation by Hamas against Israel and the Jewish state’s retaliation in Gaza since the 7 October 2023. In the wake of the attacks, Harvard produced reports on anti-Semitism and anti-Muslim bias on campus. In the issuance of the reports, the president of Harvard Alan Garber apologized: “For the moments when we did not meet the high expectations we rightly set for our community.” He also acknowledged that he recently experienced anti -Semitism at Harvard himself. Garber said the claims of the Trump administration represent an unacceptable government invasion. Harvard said in two separate lawsuits that the government’s efforts were retaliation and illegal infringement on the autonomy of the university. US district judge Allison Burroughs on Friday ordered the government to allow Harvard to enroll foreign students as their legal fighting continued, after the administration repealed the right to do so in May. She did not discuss Trump’s separate on June 4 proclamation that denies Harvard’s foreign students and scholars to the US, although her previous block until that entry ban until Monday is in effect. Burroughs will hear oral arguments in a separate case on Trump’s financing cut on Harvard on July 21. In that case, 24 other universities and more than 12,000 Harvard alumni are among the groups that have filed legal action in support of the school. Research outage In addition to federal research fees and a few contracts with Harvard, the Trump administration said that the University of Cambridge, Massachusetts, could not receive new financing. The president also repeatedly called on the school to lose his tax -free status, which would have significant financial implications, even with the school’s $ 53 billion grip. The actions of the White House increased the lives of Harvard’s students, faculties and staff. The freezing of funding has been researching diseases, including cancer and AIDS, and led to campus dismissal. Harvard announced last month that it would put an extra $ 250 million of his own money for research to join at least a bit of the void. Some research has also been discontinued in the Boston hospitals and funded by the university. Harvard is an important tooth wheel in the wider Massachusetts economy, and the collision with the Trump administration has threatened the healthcare, life sciences and technology industries that depend on the talent and startups coming from school. The university has about 6,800 students from other countries, which amounts to 27% of the student body. These students are an important financial resource for Harvard, with many paying full education. Even with the favorable court rulings so far, international entries at Harvard are still in the face with visa issues and have a significant uncertainty about whether and when they will bring it back to campus. With the help of Akayla Gardner. © 2025 Bloomberg MP This article was generated from an automatic news agency feed without edits to text.