Trump's online invectives and Harvard's equally staunch response belie the fact that it is "not immediately clear" whether the IRS is moving forward with revoking the school's tax-exempt status, said The New York Times.

After the university rejected his administration’s demands, President Donald Trump threatened to tax Harvard as a "political entity," following his move to freeze $2.2 billion in federal funding to the school. He doubled down on his ultimatums three weeks later, insisting that Harvard losing its tax-exempt status was "what they deserve."