Columbia University has appointed Claire Shipman, a co-chair of its board of trustees, as acting president of the institution targeted by the Trump administration with major federal funding cuts. Why it matters: President Trump's administration pulled some $400 million in federal grants and contracts from the school over allegations of antisemitism during pro-Palestinian protests on the campus.

Columbia University’s interim president Katrina Armstrong said she is leaving her position, ending a tumultuous tenure that was marked by confrontation with the Trump administration and outcry from faculty and students over the school’s response.

Columbia University's interim president Katrina Armstrong has resigned, returning to her post running the New York school's medical center.

Protests against Columbia University are breaking out after the school agreed to the Trump administration's demands to change its policies to restore federal funding. NBC News' Maya Eaglin reports on reactions from students and alumni from the School of International and Public Affairs.

The former television journalist and co-chair of the university’s board of trustees takes the helm at a time of significant peril for the institution.

The interim president of Columbia University is stepping down, the school announced Friday, a week after announcing sweeping policy changes – seemingly bowing to the Trump administration’s demands conditioned on federal funding.