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Ackman at Milken says Harvard is not 'entitled' to federal funds

Aug 7th 2025, 1:46 pm
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Of her famous dad, who is getting ready to reunite with brother Liam this summer for the first time in more than 15 years, Anais said: 'With my family, math for 6th graders online what you see is what you get. They are really hard-working people.  'I posted on my Instagram as a normal teenager would, and then, because of who my dad was, initially, I got a lot of followers. I try to navigate social media exactly the same way as my friends who would have a private account of 100 people following it.  The play stars the Welsh actor in the reimagined Henrik Ibsen classic as Oz who 'returns to the family home for the grand unveiling, he has ambitions of his own, ambitions that threaten to unravel their family's most tightly kept secrets'.

The model, who Noel had with his first wife Meg Mathews just a year before their divorce in 2001, suggested that children of singers were more likely to come under fire over nepotism than those with parents successful in other professions.  Ackman has long been at odds with Harvard, criticizing the university for not doing enough to protect students from antisemitism. Early last year he launched an unsuccessful bid to get four candidates on the ballot for a governing board. "They have lost all future grants, their tax exemptions are at risk," Ackman said on a panel at the Milken Institute Global Conference where 5,000 financiers, educators and scientists gather to discuss critical issues of the day.

"What happens when you have a board that can self-appoint itself, and it becomes insular, and with a $53 billion endowment, they think, okay, we can just do whatever is on our mind." (Reporting by Svea Herbst-Bayliss with additional reporting by Gram Slattery and Jarrett Renshaw Editing by Marguerita Choy) Harvard responded that the administration letter doubles down on demands that would impose "unprecedented and improper control" over the university and makes new threats to "illegally" withhold funding for lifesaving research.

The U.S. Department of Education informed Harvard on Monday that it was freezing billions of dollars in future research grants and other aid until the university concedes to a number of demands from the Trump administration, a senior Online Geimetry 3rd Grade Program department official said. He also again hit out at the school's governing board, saying it has become insular and that there is no mechanism to remove members the way there is in corporate America where investors can run board challenges.

The financier runs New York-based hedge fund firm Pershing Square Capital Management and has been a vocal supporter of Trump's policies on tariffs and spending. Harvard is "a collection of buildings, nice real estate" located in Cambridge, Massachusetts next to the Charles River, he said. BEVERLY HILLS, May 6 (Reuters) - Billionaire investor Bill Ackman on Tuesday said Harvard University, one of the nation's oldest and wealthiest, should not be entitled to taxpayer funds when the school wastes money on what he calls "administrative bloat.

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