In today's big story, Wall Street assumed that the stock market would act as a check on Donald Trump's new administration. That isn't panning out. What's on deck Markets: February was a bad month for big-name hedge funds.

Analysts have pointed out that while the S&P 500 hasn't officially yet entered a correction, many of the stocks on the index have. Continued volatility is expected as Trump's policy moves continue.

Two days later, after a hastily called Cabinet meeting, Trump announced some new restraints on his fellow billionaire. But even in a truly head-spinning week in this new era in Washington, one Trump remark stands out in how utterly unbelievable it was.