Earlier quoted context omitted.
He still controls the congress, the white house and the supreme court. So he could potentially pull a completely illegal fast one and freeze their accounts. Since rule of law seems on fairly shaky ground right now in any case.
> he could potentially pull a completely illegal fast one and freeze their accounts Harvard (and most institutions and powerful individuals) would be smart to maintain liquid assets and a bank account outside America’s control.
There really isn't such a thing if you want to do business in America. If you're in the US and doing business with a bank, the courts can order that bank to do things or face isolation from the entire financial system.