Trump Criticizes Fed as Harvard Fights Funding Cut

President Donald Trump has criticized Federal Reserve Chair Jerome Powell, calling for him to step down more quickly. Trump believes the Fed should be more aggressive in lowering interest rates. Meanwhile, Harvard University is fighting against efforts to have billions of dollars in federal funding cut. The White House and the university are at odds over the funding, with no clear resolution in sight.

The dispute centers on a 2021 agreement that allocates $1.9 billion to support the university’s research initiatives and programs. However, some lawmakers are seeking to rescind this funding, citing concerns about the university’s management of federal funds. Harvard has argued that it deserves the funding, given its significant contributions to scientific research and education.

In a separate development, Trump recently expressed his desire for space travel, having embarked on a star-studded trip to space with celebrities like Tom Hanks and Leonardo DiCaprio.

Source: https://www.npr.org/2025/04/18/1245530796/podcast-roundup-fed-harvard