Yesterday President Trump was questioned about Harvard receiving funds from the legislative CARES Act relief program:
Q I wanted to follow up on — you said about the small business program, Harvard is going to pay the money back. How confident are you that you can claw back money from places like Harvard?
THE PRESIDENT: Well, I’m going to have to look. I don’t like when Harvard — that has, I think, a $40 billion endowment or some incredible amount of money — that Harvard gets this money. Harvard should pay that money back. I want Harvard to pay the money back. Okay? And if they won’t do that, then we won’t do something else. They have to pay it back. I don’t like it. I don’t like it.
This is meant for workers. This isn’t meant for one of the richest institutions, not only — far beyond schools — in the world. They got to pay it back. I want them to pay it back.
Originally Harvard said they were not going to give back the funds. Today, they reversed their position:

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