Takeaways
- Representative Elise Stefanik called on the SEC to investigate Harvard University’s recent bond sale, alleging the school may have withheld material information from investors about its standoff with the federal government.
- Harvard sold $750 million of taxable bonds on April 9 and later issued a supplemental disclosure on April 15, revealing its rejection of the federal government’s demands and listing risks related to an ongoing conflict with the Trump administration.
- Stefanik also asked the SEC to investigate the “risks associated” with Harvard’s holdings in private equity, venture capital, and real estate.
Bloomberg Markets
By Lydia Beyoud, Amanda Albright, and Nicola M White
June 17, 2025