'PICK THE POCKET': Education Dept. to INVESTIGATE K-12 fraud and track missing funds

Education Secretary Linda McMahon discusses the uncovering and investigation into an alleged K-12 fraud scheme, addresses teacher shortages and her warning to Harvard to comply with the law regarding DEI policies on 'Varney & Co.' 00:00 Identifying $2 billion in education fraud 01:34 Addressing the national teacher shortage 02:32 Federal vs. State education budgets 02:50 Investigating Harvard University's DEI initiatives 03:56 Threatening to withhold $600M in federal funding 05:00 Demand for transparency in university admissions Subscribe to Fox Business: https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television. In 2025 it opened the year posting double-digit advantages across business day, market hours and total day viewers in January. Additionally, the network continued to lead business news programming, with each business day program placing among the top 15 shows, while FBN delivered its highest-rated month since April 2023 with market hours. Follow Fox Business on Facebook:   / foxbusiness   Follow Fox Business on Twitter:   / foxbusiness   Follow Fox Business on Instagram:   / foxbusiness