Option to remove Formatting Bar from Text Widget

When using the text widget on dashboards, there is a bar at the bottom of the widget that allows you to format the text in the widget. This is great in editing mode, but when the dashboard is being displayed, it would be best if that bar was hidden.
This screenshot is an example of how we use the text widget as a key for a dashboard we would like displayed on TVs. Even when going into full screen, that bar still shows and makes the dashboard look incomplete.

Either having the option for this to be removed, or for this bar to automatically remove when going into full screen would be great.

Any news on this option? We absolutely need this feature for professional presentations to project teams and executive sponsors.