President Trump announced on social media that Harvard University would have its tax-exempt status revoked, as part of his ongoing feud with the prestigious institution. The move could have significant financial implications for the university, as it would mean losing benefits such as tax exemption for donations. However, it remains uncertain whether the IRS will proceed with this action, as federal law prohibits the president from directly influencing tax investigations. The escalating conflict between the Trump administration and Harvard reflects a broader push by the government against elite universities, accusing them of discrimination and antisemitism. Harvard has defiantly resisted government demands, leading to a legal battle between the two parties.