Elizabeth Rembert's profile photo

Elizabeth Rembert

New York

Municipal Finance Reporter at Bloomberg News

ag for @nebpublicmedia, @harvestpm, @npr prev @business native nebraskan, bet you haven't heard of my hometown! RTs = interesting to my coverage, ≠ i agree

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Articles

  • 1 week ago | business-standard.com | Amanda Albright |Elizabeth Rembert |Akayla Gardner |Brooke Sutherland

    Trump made the announcement after weeks of threatening a change to the school's tax-free treatment. Experts say that revoking Harvard's tax-exempt status would be a long process through the Internal Revenue Service and likely the courts - and that it could take years. Harvard maintained there's "no legal basis" to rescind its tax-exempt status and Trump's announcement sparked swift criticism.

  • 1 week ago | bloomberg.com | Elizabeth Rembert

    The university is part of a growing list of small liberal arts schools across the country that have been forced to close as rising costs and dwindling student enrollment strains finances. (Bloomberg) -- The final graduating class of Limestone University will turn over their tassels Saturday in the South Carolina school’s last-ever commencement ceremonies. The school’s president and board of trustees won’t be there to see it.

  • 1 week ago | news.bloomberglaw.com | Amanda Albright |Elizabeth Rembert |Akayla Gardner |Brooke Sutherland

    President Donald Trump said Harvard University would lose its tax-exempt status, stepping up his attack on the Ivy League school with a threat that was decried as out of his jurisdiction. Trump made the announcement after weeks of threatening a change to the school’s tax-free treatment. “We are going to be taking away Harvard’s Tax Exempt Status. It’s what they deserve!” Trump wrote in a post early Friday morning.

  • 1 week ago | bloomberg.com | Amanda Albright |Elizabeth Rembert |Akayla Gardner |Brooke Sutherland

    A student arrives at Widener Memorial Library at Harvard University campus in Cambridge, Massachusetts, US, on Tuesday, Dec. 17, 2024. (Bloomberg) -- President Donald Trump said Harvard University would lose its tax-exempt status, stepping up his attack on the Ivy League school with a threat that was decried as out of his jurisdiction. Trump made the announcement after weeks of threatening a change to the school’s tax-free treatment.

  • 1 week ago | chicagobusiness.com | Elizabeth Rembert

    Valparaiso University, a Lutheran school in Indiana struggling to enroll more students, was downgraded two notches to junk by Moody’s Ratings. The ratings company cut the university to Ba1 from Baa2, citing the ongoing enrollment challenges, driven by intense competition for a shrinking pool of potential college students, in a note dated Wednesday. The downgrade could raise the school’s borrowing costs.

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Elizabeth Rembert
Elizabeth Rembert @ekrembert
12 May 25

RT @racheladhe: ADDICTED TO ICE: Small, rural communities are convinced their economic well-being depends on ICE contracts that keep privat…

Elizabeth Rembert
Elizabeth Rembert @ekrembert
30 Apr 25

RT @srimtaylor: Higher fares, service cuts and more gloom and doom await commuters from Philadelphia to Chicago to San Francisco if transit…

Elizabeth Rembert
Elizabeth Rembert @ekrembert
24 Apr 25

RT @GillianTan: Scoop: #Harvard University’s endowment is in advanced talks to sell roughly $1 billion of private equity fund stakes to Lex…