This is perfectly correct.

The transcript continues:

[…]

CLAUDINE GAY: I will say again that type of hateful speech is personally
abhorrent to me.

ELISE STEFANIK: Do you believe that type of hateful speech is contrary
to Harvard’s code of conduct or is it allowed at Harvard?

CLAUDINE GAY: It is at odds with the values of Harvard. But our values
also —

ELISE STEFANIK: Can you not say here that it is against the code of
conduct at Harvard?

CLAUDINE GAY: We embrace a commitment to free expression, even of views
that are objectionable, offensive, hateful. It’s when that speech
crosses into conduct that violates our policies against bullying,
harassment —

ELISE STEFANIK: Does that speech not cross that barrier? Does that
speech not call for the genocide of Jews and the elimination of Israel?

CLAUDINE GAY: When —

ELISE STEFANIK: You testify that you understand that it’s the definition
of intifada. Is that speech according to the code of conduct or not?

CLAUDINE GAY: We embrace a commitment to free expression and give a wide
berth to free expression even of views that are objectionable —

ELISE STEFANIK: You and I both know that’s not the case. You were aware
that Harvard ranked dead last when it came to free speech. Are you not
aware of that report?

CLAUDINE GAY: As I observed earlier, I reject that characterization.

ELISE STEFANIK: It’s — the data shows it’s true. And isn’t it true that
Harvard previously rescinded multiple offers of admissions for
applicants and accepted freshmen for sharing offensive memes, racist
statements, sometimes as young as 16 years old? Did Harvard not rescind
those offers of admission?

CLAUDINE GAY: That long predates my time as president, so I can’t —

ELISE STEFANIK: But you understand that Harvard made that decision to
rescind those offers of admission.

CLAUDINE GAY: I have no reason to contradict the facts as you present
them.

ELISE STEFANIK: Correct, because it’s a fact. You’re also aware that a
Winthrop House faculty dean was let go over he — over who he chose to
legally represent, correct? That was while you were dean.

CLAUDINE GAY: That is an incorrect characterization of what transpired.

ELISE STEFANIK: What’s the characterization?

CLAUDINE GAY: I’m not going to get into details about a personnel
matter.

ELISE STEFANIK: Well, let me ask you this, will admissions offers be
rescinded or any disciplinary action be taken against students or
applicants who say from the river to the sea or intifada advocating for
the murder of Jews?

CLAUDINE GAY: As I’ve said that type of hateful reckless offensive
speech is personally abhorrent to me.

ELISE STEFANIK: [inaudible] today that no action will be taken — what
action will be taken?

CLAUDINE GAY: When speech crosses into conduct that violates our
policies, including policies against bullying, harassment or
intimidation, we take action. And we have robust disciplinary processes
that allow us to hold individuals accountable.

ELISE STEFANIK: What action has been taken against students who are
harassing and calling for the genocide of Jews on Harvard’s campus?

CLAUDINE GAY: I can assure you we have robust —

ELISE STEFANIK: What actions have been taken? I’m not asking —

CLAUDINE GAY: What actions underway?

ELISE STEFANIK: I’m asking what actions have been taken against those students.

CLAUDINE GAY: Given students’ rights to privacy and our obligations
under FERPA, I will not say more about any specific cases other than to
reiterate that processes are ongoing.

[…]

And _that_ is why she should not lead a university, Harvard or otherwise. All she had to do was say, without commenting on any specific cases, that chanting “there is only one solution intifada revolution.” or “globalize the intifada.” would be regarded as “bullying, harassment or
intimidation” and students found to have participated in those acts would be punished according to the rules they were required to agree to when they decided to attend Harvard. To retreat to bureaucratic platitudes about FERPA instead shows that the Harvard administration is itself is antisemitic (aka racist). They simply don’t think that what these students did was wrong. They also don’t believe that the rules should be applied to everyone equally.