LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Trump administration takes further steps to dismantle Department of Education

Tom Robbins by Tom Robbins
November 18, 2025
in Investing
Trump administration takes further steps to dismantle Department of Education
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

The bitcoin bottom is falling out. Here’s where the selling may stop, according to Katie Stockton

A tech portfolio hedge just in case Nvidia’s earnings disappoint

Some retirees face a ‘survivor’s penalty’ after a spouse dies — here’s how to avoid it

U.S. Secretary of Education Linda McMahon smiles during the signing event for an executive order to shut down the Department of Education next to U.S. President Donald Trump, in the East Room at the White House in Washington, D.C., U.S., March 20, 2025. 

Carlos Barria | Reuters

The Trump administration says it will transfer much of the U.S. Department of Education’s programs to other agencies, a move experts say is part of President Donald Trump’s directive to dismantle the agency.

During a press call with reporters on Tuesday, a senior administration official said the administration had signed agreements with four other federal agencies, including the U.S. Department of Labor and the U.S. Department of Health and Human Services, to begin managing programs currently under the Education Department.

Under the new agreements, the Labor Department will administer more federal K-12 initiatives, and the State Department will assume additional tasks related to international education and the Fulbright programs, according to the Education Department.

Trump signed an executive order in March aimed at closing the Education Department, which oversees the country’s $1.6 trillion federal student loan portfolio, provides funding to low-income students and enforces civil rights in classrooms across the country.

Only Congress can unilaterally eliminate the Education Department. But the Trump administration may be trying to use a workaround by contracting with other agencies to perform the department’s tasks.

“They are attempting to hollow out the U.S. Department of Education, leaving behind a shell of the original organization,” said higher education expert Mark Kantrowitz.

Earlier this year, the Trump administration laid off nearly half of the Education Department’s staffers.

“We’ll peel back the layers of federal bureaucracy by partnering with agencies that are better suited to manage programs,” Education Department Secretary Linda McMahon wrote in a recent op-ed in USA Today.

The government shutdown “underlined just how little the Department of Education will be missed,” McMahon said.

Tuesday’s announcement did not include information on the future of the government’s student loan portfolio. However, administration officials are exploring options to sell some of the debt to the private market, Politico reported in October.

Former President Jimmy Carter established the current-day Education Department in 1979. Since then, the department has faced other existential threats, with former President Ronald Reagan calling for its end and Trump, during his first term, attempting to merge it with the Labor Department.



Source link

Share30Tweet19
Previous Post

Paxos debuts USDG0 to extend its regulated stablecoin across multiple blockchains

Next Post

Polestar 3 can now power your home – and cut your energy bill

Tom Robbins

Tom Robbins

Recommended For You

The bitcoin bottom is falling out. Here’s where the selling may stop, according to Katie Stockton
Investing

The bitcoin bottom is falling out. Here’s where the selling may stop, according to Katie Stockton

November 18, 2025
A tech portfolio hedge just in case Nvidia’s earnings disappoint
Investing

A tech portfolio hedge just in case Nvidia’s earnings disappoint

November 18, 2025
Some retirees face a ‘survivor’s penalty’ after a spouse dies — here’s how to avoid it
Investing

Some retirees face a ‘survivor’s penalty’ after a spouse dies — here’s how to avoid it

November 18, 2025
New Social Security scam uses ‘high pressure’ scare tactics. What to watch for
Investing

New Social Security scam uses ‘high pressure’ scare tactics. What to watch for

November 18, 2025
Next Post
Polestar 3 can now power your home – and cut your energy bill

Polestar 3 can now power your home – and cut your energy bill

Related News

Top five lead distribution software solutions to streamline your business operations – London Business News | London Wallet

Top five lead distribution software solutions to streamline your business operations – London Business News | London Wallet

October 15, 2024
More ex-Tory ministers criticise Suella Braverman’s ‘racist rhetoric’

More ex-Tory ministers criticise Suella Braverman’s ‘racist rhetoric’

April 14, 2023
US Treasury opens second round of comments on Genius Act implementation

US Treasury opens second round of comments on Genius Act implementation

September 19, 2025

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?