Education Secretary Betsy DeVos. Photo: Saul Loeb/AFP/Getty Images

The Department of Education on Monday informed 8 universities connected to a massive college admissions bribery scheme that the agency has launched an investigation to determine whether any of the schools violated federal laws governing student financial aid programs or other regulations, Politico reports.

Details: The department sent letters about its probe to the presidents of Yale University, Wake Forest University, the University of San Diego, Stanford University, Georgetown University, the University of Texas at Austin, the University of Southern California and the University of California, Los Angeles. The agency could slap penalties against the schools if federal laws have been violated, which would "include cutting off an institution’s access to Pell Grants and federal student loans," per Politico.

Go deeper: The cheating scheme uncovered in Operation Varsity Blues

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Updated 4 mins ago - Politics & Policy

Ruth Bader Ginsburg will lie in state in Capitol's National Statuary Hall

Photo: Getty Images

House Speaker Nancy Pelosi announced Monday that the late Supreme Court Justice Ruth Bader Ginsburg will lie in state in the Capitol's National Statuary Hall on Friday, making Ginsburg the first woman to ever receive the honor.

The state of play: The Supreme Court also announced Monday that Ginsburg will lie in repose on the front steps of the building on Wednesday and Thursday, allowing the public to pay respects to the late justice outside.

17 mins ago - World

Trump announces new Iran sanctions in effort to maintain international arms embargo

Photo: Anna Moneymaker-Pool/Getty Images

President Trump signed an executive order on Monday that would impose sanctions on any person or entity that contributes to the supply, sale, or transfer of conventional arms to or from Iran or is engaged in providing training and financial support related to those weapons.

Why it matters: The executive order is the first step by the Trump administration to put teeth into its claim that international sanctions on Iran were restored over the weekend, one month after the U.S. initiated the "snapback" process under a United Nations Security Council resolution.

Exclusive: Conservative group launches $2M Supreme Court ad

Screengrab of ad, courtesy of Judicial Crisis Network.

The Judicial Crisis Network is launching a $2.2 million ad campaign to put pressure on vulnerable Senate Republicans in battleground states to support a quick confirmation when President Trump announces his Supreme Court nominee.

The big picture: "Follow Precedent," previewed by Axios, is one of the first national and cable television ads to run following Justice Ruth Bader Ginsberg's death Friday.