Trump EO draft calls for elimination of Education Department, WSJ reports

President Donald Trump is expected to issue an executive order as soon as Thursday aimed at scrapping the Education Department, and Secretary Linda McMahon would be directed to “take all necessary steps to facilitate the closure” based on “the maximum extent appropriate and permitted by law,” The Wall Street Journal’s Matt Barnum, Ken Thomas, and Tarini Parti report, citing people briefed on the matter. “The experiment of controlling American education through Federal programs and dollars-and the unaccountable bureaucrats those programs and dollars support-has failed our children, our teachers, and our families,” the draft order reads. Publicly traded companies in the space include Adtalem Global Education (ATGE), American Public Education (APEI), Grand Canyon (LOPE), Lincoln Educational (LINC) and Strategic Education (STRA).