President Donald Trump declared Friday that "We are going to be taking away Harvard’s Tax Exempt Status," saying "It’s what they deserve!"
The announcement from Trump comes after Fox News reported last week that his administration asked the Internal Revenue Service to revoke Harvard University’s tax-exempt status.

People walk on the Business School campus of Harvard University in Cambridge, Mass., on April 15. (Reuters/Faith Ninivaggi)
This is a developing story. Please check back for updates.
Greg Norman is a reporter at Fox News Digital.
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