The Senate voted 68 to 29 to confirm Mr. Bessent, a billionaire hedge fund manager, as the next Treasury secretary.

President Donald Trump got into a tense exchange with Karen Bass after he arrived in Los Angeles to view the aftermath of the Los Angeles wildfires.

Mr. Ratcliffe was known as a loyalist to the president when he served as director of national intelligence in the final year of the first Trump administration. During his confirmation hearing before the Senate Intelligence Committee last week, he promised to lead a more aggressive spy agency.

President Donald Trump called out Bank of America CEO Brian Moynihan at the World Economic Forum, saying some conservatives complain the bank will not take their business.

They would no longer have the right to invoke the Fifth Amendment if called to testify in civil, criminal, or congressional proceedings