00:00It's Benzinga bringing Wall Street to Main Street.
00:02A letter sent to Harvard University demanding that it dismantled DEI programs and screen
00:06international students for ideology was reportedly unauthorized, according to the New York Times.
00:12The letter was signed by three senior federal officials and sent on government letterhead,
00:17placing nearly $9 billion in federal funding at risk. Harvard rejected the demands,
00:23prompting the White House to freeze over $2 billion in grants.
00:25The university spokesperson called the letter astonishing in its overreach.
00:30It said the government's actions have real consequences.
00:33For all things money, visit Benzinga.com slash GSTV.
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