Transcript
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Tracy Mumford (0:34)
From the new York Times, it's the headlines. I'm Tracy Mumford. Today's Friday, May 23rd. Here's what we're covering. Last night, hundreds of guests done up in black tie arrived at President Trump's golf club in Virginia for what the marketing materials called the world's most exclusive invitation. The protesters outside called it the Crypto Corruption Club, chanting shame as the attendees pulled up to get in the door for the dinner of filet mignon and pan seared halibut. The guests, many of whom flew in from overseas, had to buy up massive amounts of Trump's personal cryptocurrency. The top 220 buyers made the cut, some spending more than $40 million for the chance to meet the president. While expensive galas are often used as political fundraisers, this was not a fundraiser. The arrangement directly enriched the president's family, which earns money every time Trump's crypto coin is traded. That's led critics to call it one of the most blatant acts of corruption by any president in American history. The attendees, for their part, weren't shy about what they wanted in return. Several of the guests told the Times they went with the explicit intention of influencing Trump about cryptocurrency policy with the potential to shape regulation in their favor. Look at them.
Robert F. Kennedy Jr. (2:01)
They're all dressed up in tuxedo. Why didn't you tell me that? I would have worn a tuxedo.
Tracy Mumford (2:06)
The president spoke briefly at the dinner, touting crypto investment and saying, quote, we're honored to be working on helping everybody here.
Robert F. Kennedy Jr. (2:14)
I do it for a reason, not for me. I really do it because I think it's the right thing to do.
Tracy Mumford (2:20)
At a news conference earlier in the day, White House Press Secretary Caroline Levitt rejected any suggestion Trump was acting inappropriately by hosting the dinner, saying, quote, it's absurd for anyone to insinuate that this president is profiting off of the presidency. In a major escalation of its pressure campaign against America's elite universities, the Trump administration says it's cutting off Harvard's ability to enroll international students, effective immediately. The decision could have a profound impact on the school. More than a quarter of Harvard students this academic year were from abroad. In some of its graduate programs, like the Kennedy School of Government, that number is nearly 60%. The decision announced yesterday by the Secretary of Homeland Security, came after the department claimed that Harvard failed to turn over records about foreign students. The government has demanded students names and disciplinary records as part of an investigation into antisemitism on campus. Harvard said that request exceeded what was required by law. It was the latest example of Harvard pushing back against the Trump administration's aggressive efforts to force the school to fall in line with the president's agenda. Last month, Harvard sued the administration after it froze billions in federal funds to try and make the school overhaul its curriculum and hiring practices. But behind closed doors, some Harvard officials tell the Times they're worried that fighting the Trump administration is a losing battle and that the school won't be able to avoid more investigations, funding threats, and potentially even criminal inquiries. Meanwhile, for Harvard's international students, yesterday's decision set off a shockwave of fear and confusion. They'll be forced to transfer to another school or lose their immigration status, throwing them into limbo in the middle of getting their degrees. One student from Wales who just finished his freshman year, told the Times. Everyone's freaking out. No one knows what to do, adding, quote, we're being used like pawns in some game we have no control over. At the same time, a federal judge in a separate case said the administration likely exceeded its authority by targeting international students for deportation. In the past few months, thousands of students across the US have had their visas revoked. In some cases, they've been involved in pro Palestinian activism. Others had years old legal infractions on their records, like DUIs. The judge ordered a temporary halt to the widespread crackdown while a class action lawsuit works its way through the courts, writing that government officials likely, quote, acted arbitrarily and capriciously at the White House yesterday.
