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Three Democratic senators joined Republican colleagues to confirm the businessman, who previously voiced his support for easing government regulations.

Early moves by the new head of the Department of Housing and Urban Development include blocking activities related to diversity, equity and inclusion.

The task force terminated vendor contracts at the Department of Housing and Urban Development worth a combined $305 million, according to its wall of receipts.

Now the structured mortgage securities are cheap enough that CLO investors are watching them more closely, according to strategists and investors.

The president is likely to nominate Federal Reserve Gov. Michelle Bowman to be the central bank's next vice chair for supervision, a post vacated by Michael Barr.

In a positive sign for the economy, headline inflation slowed in February. But the reading alone likely is not enough to break the Federal Open Market Committee out of its wait-and-see mode.

The Irvine, California-based firm reported a net loss of $67.5 million in the fourth quarter.

Rocket expects the combined company to achieve more than $200 million in run-rate synergies by 2027, it said in a statement.

Among the resignations are Mark McArdle, who was instrumental in creating the Qualified Mortgage rule, and Operations Chief of Supervision David Bleicken. It is unclear if the Consumer Financial Protection Bureau will hire anyone to succeed them.

The Trump administration intended to gut the Consumer Financial Protection Bureau through a mass workforce reduction, which could be a smoking gun in a court battle with the bureau's union.