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Harvard University

Harvard University, a leading private research institution, hosted Federal Reserve Chair Jerome Powell for a discussion with its Principles of Economics class on March 30, 2026, where he addressed the Fed’s balance sheet and the uncertain economic outlook. The university continues to navigate recent federal challenges, including a 2025 decision by the Education Secretary to bar it from new federal research grants over alleged mismanagement and antisemitism.

4 stories·Updated Mar 30

What to know

Powell spoke to Harvard’s Principles of Economics class in an informal, moderated setting. Mar 30
He highlighted the Fed’s balance sheet and the uncertain economic outlook. Mar 30
President Alan Garber called the administration's demand "retaliatory" and warned it would cause irreversible damage. Jun 2
The Trump administration threatened to cut federal funding unless Harvard limits foreign student enrollment. Jun 2
McMahon’s letter bars Harvard from new federal grants, citing mismanagement and antisemitism. May 7