Is there a clear text formatting button in the Brightspace Editor?

Is there such a thing as a button in the Brightspace Editor that would clear formatting from selected text? This can be done in Blackboard Original's Content Editor (very necessary if pasting content from Microsoft Word) and would be very useful if something similar also existed in Brightspace. Going into the source code/HTML can be cumbersome and time consuming so selecting content and then removing the formatting with the click of a button would be very helpful.

Thank you for your time!

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