Senate confirms Mnuchin as Treasury secretary

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The U.S. Senate on Monday voted to confirm former Goldman Sachs banker Steven Mnuchin as Treasury secretary, installing the Trump administration's point-man on tax reform, financial deregulation and economic diplomacy efforts.

The Senate voted 53-47 in a largely party-line vote to approve the nomination. Senator Joe Manchin of West Virginia was the only Democrat to vote in favor of Mnuchin.