After immense pressure from lawmakers, the president and others, Harvard University announced it will not be accepting any bailout funds as part of the $2 trillion CARES Act.
said at a news briefing Tuesday night that he would ask the private university to"pay back the money."
Trump had echoed sentiments on Tuesday of fellow lawmakers who expressed outrage on Twitter, including Sen."You're very rich, many people are hurting. Now give the money back," Cruz wrote. "Harvard did not apply for, nor has it received any funds through the U.S. Small Business Administration's Paycheck Protection Program for small businesses. Reports saying otherwise are inaccurate. President Trump is right that it would not have been appropriate for our institution to receive funds that were designated for struggling small businesses," the university said in a Facebook post.
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