Iran Has Been EXPOSING Nodes that We Hadn't Seen Before, Ex-Navy SEAL Says | Recap

Why It Matters

The Workforce PEL grant and tighter FAFSA fraud controls aim to curb taxpayer losses, accelerate workforce reskilling to meet near‑term labor demand, and shore up K–12 outcomes—moves with direct budgetary and economic implications for employers, states and students.

Summary

Education Secretary Linda McMahon used a Fox Business interview to unveil the new Workforce PEL grant, a short-term (8–15 week) credentialing program aimed at rapidly filling skilled trades and healthcare jobs amid looming labor shortages. The initiative complements a new federal loan cap and encourages stacking certificates via partnerships between high schools, community colleges and employers as manufacturing and data-center demand grows. McMahon also highlighted a revamped FAFSA system and an interagency fraud task force that blocked roughly $1 billion in fraudulent aid last year and has saved about $60 million in the first weeks of the updated real‑time identity checks. She warned that declining reading scores require states to adopt the science of reading, urging use of federal block grants to boost literacy and numeracy.

Original Description

From the situation in the Middle East to political storms and Kevin Warsh's swearing-in as Fed chair, FOX Business covered this week's major news and events.

00:00 McMahon REVEALS how FAFSA fraud was DRAINING taxpayer money 5/18

09:35 POLITICAL STORM: Billionaire CEO tears into Mamdani’s NEW grocery plan

14:15 Retired Navy SEAL says Iran accidentally EXPOSED critical nodes

26:46 'DISSERVICE TO SOCIETY': Nvidia CEO PUSHES BACK on AI 'doomers,' says tech creates jobs 5/21

46:14 Gen Keane: This is concerning the Trump administration… 5/20

56:22 BILLIONS VANISHING: These BLUE STATES lead America in wealth losses 5/21

1:03:37 'GIGANTIC MISTAKE': Dean Cain drops brutal warning on Karen Bass 5/21

1:06:16 ECONOMIC MESSAGE: Kevin Warsh promises 'energy and purpose' as Fed chair

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