A New York University School of Law professor on tax policy, called the news a “lawless action by the President.”

U.S. President Donald Trump said on Friday his administration will revoke Harvard University's tax-exempt status, returning to a threat he issued against the Massachusetts school last month as part of his wider attack on elite universities.

President Trump is underscoring that pledge even as federal law prohibits senior members of the executive branch from asking the Internal Revenue Service to conduct or terminate an audit or an investigation.