🗞️Harvard's 2.2 billion funding freeze

...plus IRS resignations and OpenAI's social media

April 15, 2025

April 15th, 2025

What happened today 🇺🇸,

Harvard could lose $2.2 billion for rejecting Trump's demands. Here's how that will impact the university

Harvard's move comes amid a broad government crackdown on college campuses aimed at axing DEI and limiting free speech.

www.fastcompany.com/91317162/harvard-rejects-trump-funding-freeze-endowment-size-impact-on-university

  • The Trump administration announced that it would freeze $2.2 billion in multi-year grants for Harvard University after the school said it rejected the proposed deal from the administration for policy changes

  • The man charged with setting fire to PA Governor Shapiro’s residence has been denied bail

  • Former President Biden gave his first speech since leaving office, he spoke at a conference in Chicago that is focused on preserving Social Security benefits…for the speech click here

  • President Trump is being pushed by some aides to take a tougher approach to Russia as Putin continues to drag his feet on Ukraine negotiations, per WSJ

  • Treasury Secretary Bessent said the Trump Administration is thinking about the replacement for Federal Reserve Chairman Powell and will begin

    interviewing candidates in the fall…Powell has about 13 months left in his term

  • 20,000 employees at the Internal Revenue Service (IRS) are reportedly interested in taking the Trump administration’s latest deferred resignation offer…this would see the agency shrink by 20%

  • OpenAI, which owns ChatGPT, is working on its own X/twitter style social media network to compete with Musk and Zuckerberg

  • Nvidia said the U.S. government has banned them from selling H20 chips to China "for the indefinite future” because of “national security” reasons

  • 74% of CEOs acknowledged they could be out of a job in two years if they fail to deliver meaningful AI-driven gains, per Business Insider

  • DOW down .38% / S&P down .17%

  • The Chinese government has told the country's domestic airlines to stop accepting deliveries of Boeing jets…the trade war heats up even more

  • Russia has sentenced four journalists to over 5 years in prison and convicted them of “extremism”…for more click here

  • Ceasefire talks between Israel and Hamas have stalled, with Hamas turning down Israel’s proposal for a 45-day truce that involved Hamas disarmament

Bonus: The best rated fast food restaurant in each state

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