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Event Brief

Moody-backed TRADES Act gains coalition support

A growing coalition of trade associations, business groups, and educators is backing federal legislation introduced by Florida Sen. Ashley Moody to redirect taxes on wealthy university endowments into career and technical training. The bill, S. 4907—the TRADES Act—would fund vocational and technical programs nationwide.
WHO: Florida Sen. Ashley Moody; a coalition of trade associations, business organizations, and educators
WHAT: Support is growing for the TRADES Act (S. 4907), which would redirect taxes on wealthy university endowments into career and technical training programs.
WHEN: Reported Aug 24, 2026 at 11:48 AM ET
WHERE: Florida
WHY: Cause not yet established.

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