President Donald Trump says Harvard University will be stripped of its tax-exempt status — redoubling an extraordinary threat that the Ivy League school’s president is pushing back against.

Harvard University's president hit back at President Donald Trump on Friday after Trump announced that he would revoke Harvard's tax-exempt status. Harvard has been in a drawn-out battle with the Trump administration over its refusal to comply with the president's demands to clamp down on student activism on campus and protests related to Israel's war against Hamas in Gaza.

President Trump took to his social media Friday, sharing plans to take away Harvard University's tax-exempt status, saying "it's what they deserve." This comes after the Trump administration also froze billions of dollars of Harvard's federal funding.