Harvard President Alan M. Garber ’76 has told faculty that a deal with the Trump administration is not imminent and denied that the University is considering a $500 million settlement, according to three faculty members familiar with the matter.

The White House views a payment of $500 million by Harvard University as a floor in negotiations for a settlement, and the cost of a deal could climb far higher if the school doesn’t submit to government oversight provisions,

Fourteen members of Congress threatened "rigorous Congressional oversight and inquiry" if Harvard University agrees to fines and policy changes demanded by the Trump administration.