FILE PHOTO -- Steven Mnuchin testifies before a Senate Finance Committee confirmation hearing on his nomination to be Treasury secretary in Washington, U.S., January 19, 2017. REUTERS/Joshua Roberts/File Photo

WASHINGTON (Reuters) - 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.