Overview

• Bill Ackman has called for the removal of Penny Pritzker, Chair of the Harvard Corporation, citing mismanagement of finances and governance during conflicts with the Trump administration.
• Ackman criticized Harvard's decision to sue the Trump administration over its $2.2 billion funding freeze, arguing the university should have sought compromise rather than litigation.
• The Trump administration froze federal funding and threatened Harvard's tax-exempt status, claiming the university failed to address antisemitism and ideological bias on campus.
• Ackman has accused Harvard of becoming a partisan political advocacy organization, suggesting it no longer deserves nonprofit status.
• This marks the latest escalation in Ackman’s campaign against Harvard’s leadership, which began after pro-Palestinian protests in October 2023 and led to the resignation of former President Claudine Gay.