Treasury Secretary Scott Bessent said today that the Trump administration is considering a tax on Harvard’s massive endowment, which Bessent says is basically a big hedge fund. 

This is in addition to removing Harvard’s tax exempt status.

I smell more lawsuits coming. This is going to get very interesting before it’s over with. And I bet Harvard loses big time. 

Treasury Secretary Scott Bessent said today that the Trump administration is considering a tax on Harvard's massive endowment, which Bessent says is basically a big hedge fund. This is in addition to…{ai:summary}<p>Treasury Secretary Scott Bessent announced that the Trump administration is contemplating a tax on Harvard's substantial endowment, likening it to a large hedge fund. There are also plans to revoke Harvard's tax-exempt status, potentially leading to significant legal battles. </p><p>The situation is expected to escalate, with predictions that Harvard may face considerable losses in the process. #politics</p>

WATCH: Scott Bessent says they are considering taxing Harvard’s massive endowment – The Right Scoop

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