Andrew Jack

But even when that set of statements came out that they wouldn't concede, you already saw very quickly the response from the Trump administration saying, We are immediately freezing $2.2 billion worth of assets. So that was point one. Secondly, we've heard further pushback.

And indeed, on Truth Social, Donald Trump hinted at some other potential levers and pressure points, including reviewing the tax-exempt, the charitable status of Harvard assets. And this is something that universities have been thinking about or concerned about for a while. Again, obviously, which would have a big financial cost were they to lose that status.

And indeed, on Truth Social, Donald Trump hinted at some other potential levers and pressure points, including reviewing the tax-exempt, the charitable status of Harvard assets. And this is something that universities have been thinking about or concerned about for a while. Again, obviously, which would have a big financial cost were they to lose that status.

And indeed, on Truth Social, Donald Trump hinted at some other potential levers and pressure points, including reviewing the tax-exempt, the charitable status of Harvard assets. And this is something that universities have been thinking about or concerned about for a while. Again, obviously, which would have a big financial cost were they to lose that status.

So a whole series of statements of potential threats of other levers, both financial and legal, that we can expect to see in the weeks ahead.

So a whole series of statements of potential threats of other levers, both financial and legal, that we can expect to see in the weeks ahead.

So a whole series of statements of potential threats of other levers, both financial and legal, that we can expect to see in the weeks ahead.