Business & Economy · 2 views
Treasury proposes stripping tax-exempt status from private colleges with DEI policies
Mike Gavin, the president and CEO of Alliance for Higher Education, said the administration is "trying to gaslight the American people into believing that up is down."
Story Brief
The Trump administration is proposing a new rule that would strip private schools and colleges of their tax-exempt status if they provide targeted help to students based on their race, a significant escalation in the White House’s campaign to eradicate diversity programs directed at Black, Hispanic and other minority students.
Read full article on FortuneAI summaries can be wrong sometimes—always verify important details using the source article.
How AI & Automation are usedCoverage Context
More from Business & Economy
Continue reading recent Business & Economy coverage
- Nvidia takes back control of the AI trade as Big Tech nears record highsContinue reading
- Lululemon’s sales drop raises deeper concerns about the company’s turnaroundContinue reading
- Why the U.S. Treasury is buying back double the government bonds it normally doesContinue reading
- This subtle Microsoft change could be a big win for investorsContinue reading
Support HappeningNow
Independent AI-powered news analysis is reader-supported. Your contribution helps cover infrastructure, summaries, and continued platform development.
Support HappeningNow