00:00It's Benzinga bringing Wall Street to Main Street.
00:02The Trump administration has cut nearly half of the U.S. Department of Education's workforce,
00:06according to the Financial Times. The move reduces staff from over 4,000 to about 2,000 employees
00:11as part of a broader push to eliminate the agency. Trump wants states to control education
00:16and has suggested that Education Secretary Linda McMahon should eliminate her own position.
00:21McMahon defended the department's workforce reduction as a move towards efficiency
00:25and a step towards improving the U.S. education system.
00:28For all things money, visit Benzinga.com slash GSTV.
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