This is Irid Glass, the host of This American Life.

So much is changing so rapidly right now with President Trump in office.

It feels good to pause for a moment sometimes and look around at what's what.

Just try and do that.

We've been finding these incredible stories about right now that are funny and have feeling,

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life, wherever you get your podcast. Live from NPR News in Washington, I'm Janine Hurst. President

Trump is reiterating his threat to revoke Harvard University's tax-exempt status. Trump re-uped

the threat in his

this week in a post on his social media site. From member station GBAH in Boston,

Kirk Carrapeza has more. In his post, Trump says stripping Harvard's tax-exempt status

is, quote, what they deserve. Economist Robert Kelchin says the move would carry major consequences for Harvard

and higher ed in general. When an institution loses tax preferred status, they have to pay

income taxes on any income or endowment growth that they have, and also donors have to pay

tax on any gifts because they're suddenly not charitable contributions.

If Harvard were to lose its tax-exempt status, it could also be vulnerable to local property taxes,

a big chunk of change given its vast real estate holdings.

For NPR News, I'm Kirk Carrapeza in Boston.

Harvard says there's no legal basis to rescind the school's tax-exempt status, which supports its educational mission.

Australia's ruling Labor Party won the general election, delivering a second term to Prime Minister Anthony Albanese.

Scott Mayman has more.

A clear win for Prime Minister Anthony Albanese. Scott Maiman has more. A clear win for Prime Minister Anthony Albanese. His Labour Party has won a second term in office.

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