"Antisemitism Fallout: Harvard and Penn Presidents Face Consequences"

Billionaire investor Bill Ackman, an influential Harvard alum, claims that President Claudine Gay's handling of antisemitism on campus has cost the university over $1 billion in donations. Ackman argues that Gay's leadership has led to major donors withdrawing significant gifts, resulting in billions of dollars of terminated donations. He has been copied on numerous letters and emails from alumni criticizing Gay and the board. Ackman has been calling for Gay's resignation, along with the presidents of the University of Pennsylvania and MIT, since their testimonies on antisemitism. While some faculty members support Gay, Ackman urges the university to shut down its Office of Equity, Diversity, Inclusion, and Belonging.