This policy setting allows you to show or hide the status bar. If you enable this policy setting the status bar is hidden and the user cannot choose to show it. If you disable this policy setting the status bar is shown and the user cannot choose to hide it. If you do not configure this policy setting the status bar is shown by default and the user can choose to hide it.
Hide the status bar
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HKEY_LOCAL_MACHINE -> Software -> Policies -> Microsoft -> Internet Explorer -> Main # StatusBarWeb
Windows Components -> Internet Explorer -> Toolbars