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Treasury Secretary Scott Bessent last month. (Evelyn Hockstein/Reuters)

Trump administration aims to strip schools’ tax exemption if they consider race

 What to know

The Trump administration proposed revoking tax-exempt status for private schools considering race, following a 2023 Supreme Court ruling against race-conscious admissions. The IRS and Treasury's proposal targets schools discriminating based on race, color or origin. Treasury Secretary Scott Bessent emphasized eliminating racial discrimination in education. The rule, affecting up to 18,000 schools, could take effect in May.

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