Explained: Columbia University's $200 Mn settlement with Trump
CBS News · Current
CBS News
Current
Columbia University says it has reached a settlement with the Trump administration after months of negotiations over millions in frozen federal grants. Nikki Battiste has details.
Breakdown
- Columbia University and the Trump administration reached a settlement over frozen federal grants.
- The settlement requires Columbia to pay $200 million to the federal government and a $21 million fine to the EEOC. 24s
- An independent monitor will oversee the agreement, and Columbia did not admit wrongdoing. 36s
- Federal funding to Columbia is now unfrozen, with the first payment due within days. 1m 6s
- Columbia is the first university to reach such a settlement, while similar investigations are ongoing at other institutions. 1m 51s