Late Tuesday night, President Donald Trump announced his choice to lead the Federal Housing Finance Agency – Mark Calabria. Calabria’s nomination must still be approved by the Senate, but with his extensive background in housing, and a Republican majority in the Senate, that isn’t expected to be a problem. Click the headline to read more.
Dow Industrials took a deep dive Thursday afternoon, closing down 650 points. The Dow Jones Industrial Average (INDU) wobbled throughout the day and fell below 9,000 for the first time since August, 2003.