00:00It's Benzinga, bringing Wall Street to Main Street.
00:02President Donald Trump escalated his administration's confrontation with Harvard University on Tuesday, according to CNBC.
00:09He called for the school to lose its taxism status after it rejected a sweeping federal demand to alter hiring admissions and teaching practices.
00:17The administration froze more than $2 billion in federal research funds and accused the Ivy League school of tolerating anti-Semitism.
00:24The White House's demands include government oversight of departments, audits, and disciplinary action for student protests.
00:32Harvard President Alan Garber rejected the proposals, saying they infringed on academic freedom and violated First Amendment protections.
00:39For all things money, visit Benzinga.com slash GSTV.
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