IBOV 186,340.46 ▲ 1.37% IPSA 10,969.49 ▼ 0.78% IPC MEX 64,951.10 ▼ 0.24% MERVAL 2,819,323 ▲ 1.32% COLCAP 2,549.16 ▼ 0.38% BVL PERÚ 60,410.88 ▼ 0.96% USD/BRL5.18▼ 0.34% USD/MXN18.08▲ 0.19% USD/CLP972.03▼ 0.10% USD/COP3,292▼ 2.26% USD/PEN3.44▲ 0.10% USD/ARS1,525▼ 0.03% USD/UYU40.24▲ 3.55% USD/PYG5,817▲ 2.25% USD/BOB11.97▲ 0.66% USD/DOP59.33▲ 0.22% USD/CRC454.26▲ 3.19% USD/GTQ7.64▲ 3.18% USD/HNL26.86▲ 0.43% USD/NIO36.62▲ 0.34% USD/VES856.92▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.72▲ 2.14% EUR/BRL5.87▼ 1.05% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 186,340.46 ▲ 1.37% IPSA 10,969.49 ▼ 0.78% IPC MEX 64,951.10 ▼ 0.24% MERVAL 2,819,323 ▲ 1.32% COLCAP 2,549.16 ▼ 0.38% BVL PERÚ 60,410.88 ▼ 0.96% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Thursday, October 1, 2026

World-News North America

Trump Pushes to Tax Harvard as Political Entity Over Woke Activism and Antisemitism

By · April 16, 2025 · 2 min read

The LatAm Brief

One email, every weekday morning. What moved in Latin American markets, politics and expat life.

Yesterday’s subject line: “Colombia decides rates today, near its own debt ceiling”

Free. We send a confirmation link first — nothing arrives until you click it. Unsubscribe with one click in any edition. If you stop opening us for 30 days we stop sending by ourselves, as we assume the interest is no longer there. See our privacy policy. We never share your email.

Donald Trump’s administration froze $2.3 billion in federal funding to Harvard University on April 15, 2025, after the school refused to comply with new federal demands.

The administration demanded Harvard dismantle its diversity, equity, and inclusion (DEI) offices, revise hiring and admissions practices, and cooperate with immigration screenings for international students.

Trump then suggested taxing Harvard as a political entity, arguing the university no longer serves the public interest. Harvard’s endowment reached $53.2 billion in 2024, the largest in the world.

Free daily brief — no card needed
Get every North America story in one morning email
We build you a personalized brief around the topics you follow — free for 7 days. Love it? Your first month after that is US$1.

However, 70% of annual endowment distributions are donor-directed, limiting the university’s flexibility. Donor contributions fell by $151 million in 2024, reflecting growing dissatisfaction with Harvard’s handling of antisemitism and campus protests.

The administration’s freeze also affects $60 million in contracts, with a broader review of $9 billion in multi-year commitments underway. The Trump administration’s actions follow similar moves against other elite universities.

Trump Pushes to Tax Harvard as Political Entity Over Woke Activism and Antisemitism
Trump Pushes to Tax Harvard as Political Entity Over Woke Activism and Antisemitism.
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

Columbia, for example, complied with federal demands after facing its own funding threats. The administration claims these universities have shifted from academic excellence to political activism, prioritizing DEI and identity politics over merit and open debate.

Major corporations have responded by rejecting Ivy League graduates, citing concerns about their preparedness and adherence to “woke” attitudes.

Elite Universities Face Crisis of Confidence

In 2023, 28 major firms announced they would not hire “radical” Ivy League students. This signals declining confidence in these institutions’ ability to produce capable leaders.

Faculty at Harvard have voiced concerns about the university’s direction. Some professors argue that DEI initiatives erode merit-based evaluation and intellectual diversity.

They say the campus culture now suppresses dissent and prioritizes conformity over free inquiry. Conservative speakers often face disinvitations or protests, and student groups resisting the dominant ideology encounter administrative obstacles.

The educational environment at Harvard and similar institutions has shifted toward activism as the primary goal. Students often judge texts and ideas through the lens of current political orthodoxy, rather than understanding them in context.

This shift has led to alienation among students and faculty who do not conform, and many graduates emerge less prepared for leadership and innovation. Legislative pushback has grown, with 40 bills aimed at curbing DEI initiatives appearing in 22 states in 2023.

Critics argue that only by breaking up, reforming, or even eliminating these institutions in their current form can American universities return to their foundational purpose: the pursuit of truth, wisdom, and the preparation of future leaders.

The Trump administration’s campaign marks a turning point for elite universities. The outcome will shape the future of higher education and its role in American society.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map →

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.