Crimson staff writer
Avani B. Rai
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White House Renews Claims That Settlement With Harvard Is Close
Education Secretary Linda E. McMahon said Thursday that the Trump administration was close to finalizing a settlement with Harvard, renewing claims by the White House that Harvard is making progress toward a deal that would resolve a series of ongoing federal investigations.
Cambridge Lays Off Staff From Diversity-Related Commissions
Cambridge laid off seven staff across diversity-related city commissions on Thursday afternoon, multiple people with direct knowledge of the matter confirmed.
Bitcoin Now Harvard’s Largest Publicly Disclosed Holding, Tripling in Size in Third Quarter
Harvard Management Company dramatically increased its investment in iShares Bitcoin Trust, an exchange trade fund tracking the value of Bitcoin, in the third quarter of this year.
Pritzker Says Federal Funding ‘Will Not Return’ to Previous Levels Under Strain from Trump
Harvard Corporation Senior Fellow Penny S. Pritzker ’81 said she is not expecting federal funding to return to “where it has been,” warning of lasting financial headwinds in the wake of Trump administration policies in an interview with the Harvard Gazette published Thursday.
Harvard Continues Record Spending on Lobbying in Third Quarter of 2025
Harvard spent $220,000 lobbying the federal government between July and September, continuing a year-long surge in federal advocacy spending as the University faces sustained financial threats from Washington, according to disclosures filed last week.
Current-Use Donations to Harvard Hit Record $629 Million in Fiscal Year 2025
Harvard received a record-breaking $629 million in current-use donations during fiscal year 2025, representing a 19 percent increase from last year and the largest total in University history, according to the annual financial report released on Thursday.
Harvard Reports First Deficit Since Pandemic in Fiscal Year 2025, Sees 12% Endowment Growth
Harvard reported an operating loss of $113 million — its first budget deficit since 2020 — as its financial footing shakes from disruptions to federal funding, even as the total value of its endowment grew by 11.9 percent to $56.9 billion, according to its fiscal year 2025 financial report.
A Majority of Frozen Federal Funding Has Been Restored, Harvard Says
Harvard has now received payments on the majority of funding that it lost since the Trump administration froze its access to federal grants this spring, the University notified faculty this month.
Trump Claims White House Is Nearing a Deal With Harvard
President Donald Trump told reporters on Tuesday in the Oval Office that the White House had “reached a deal” with Harvard, before cautioning that the agreement had not been finalized.
House Republicans Demand Harvard Disclose Records on Campus Antisemitism
Two Republicans on the House Education and Workforce Committee accused Harvard of fostering “a hostile antisemitic environment” and demanded a series of internal records related to antisemitism complaints in a Monday letter to Harvard President Alan M. Garber ’76.
Czech Republic President Petr Pavel Urges U.S. Support for Ukraine at Harvard Talk
Czech Republic President Petr Pavel positioned Europe as a key ally for the United States and urged increased American support for Ukraine during a talk at the Harvard Kennedy School on Wednesday.
6 Months Behind Schedule, Harvard Endowment’s Annual Climate Report Is Nowhere to be Seen
Harvard Management Company has not published its annual climate report six months after its expected release, and officials won’t say whether Harvard will continue providing annual updates on its progress in achieving net-zero endowment emissions by 2050.
Breaking Silence, Former University President Claudine Gay Blasts Harvard’s ‘Compliance’ With White House Demands
In a rare address two years after her resignation, former University President Claudine Gay issued a blistering rebuke of Harvard in Amsterdam on Sept. 3, accusing her successor of surrendering to Donald Trump.
Federal Agencies Begin Notifying Harvard Researchers of Reinstated Funds
Federal agencies have begun to inform Harvard researchers that they are reinstating portions of research funding frozen since the Trump administration’s pause on $2.7 billion in grants and contracts in the spring, according to a Harvard spokesperson on Wednesday evening.
Faculty Cautiously Applaud Harvard’s Win in Funding Lawsuit
Harvard faculty cheered a federal judge’s Wednesday order that restored billions of dollars in federal funding to the University, but several warned that the legal fight is far from over.