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Trump says Harvard University will reimburse stimulus money

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Asked about the rights of states to decide when to reopen schools and businesses, Trump said, “The President of the United States is calling the shots.” “

UNITED STATES TODAY

WASHINGTON – President Donald Trump said on Tuesday that Harvard University would return coronavirus stimulus money which he said was for small businesses – and added that he would ask other large entities to do so also.

“Harvard will return the money,” the president said at his daily press conference on Tuesday. “They shouldn’t have taken it. Trump later said he wanted the university to return the money, but said he did not agree to do so.

“If they don’t, then we will do something else,” said the president, without further details.

Harvard has been criticized for receivingnearly $ 9 million in bipartite coronavirus fundingrescue package. The school said the money would be used to help Harvard students who need financial help. He also said that he did not ask for or receive money for small businesses.

Instead, the university said, it received part of the funding from the Ministry of Education which was distributed to thousands of schools across the country.

“Like most colleges and universities, Harvard has received funding through the CARES Higher Education Emergency Relief Fund,” the university said in a statement. “Harvard has pledged that 100% of these higher education emergency funds will be used to provide direct assistance to students facing urgent financial needs as a result of the COVID-19 pandemic. “

Funding has been distributed to schools on a formula that includes the number of students receiving federal financial assistance through the Pell grants.

Trump administration officials have been confronted with questions about other large corporations, such as Shake Shack, who have received some of the money for small businesses. Shake Shack recently said he would return the money, and Trump said he would ask other big companies to do the same.

“The intention was not for companies that have access to a lot of cash and resources,” Treasury Secretary Steve Mnuchin told reporters who threatened but did not specify additional “consequences” for companies that have not complied.

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President Trump told the reporter to “keep your voice low” at a briefing by the coronavirus task force.

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Read or share this story: https://www.usatoday.com/story/news/politics/2020/04/21/coronavirus-trump-says-harvard-university-return-stimulus-money/3000732001/

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