Days after his Senate confirmation, Treasury Secretary Scott Bessent has paid $12.5 million for a historic mansion in Washington, D.C., according to people familiar with the deal.

The first openly gay person in the role has the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn’t jeopardize growth.

Three U.S. Army soldiers were onboard a BlackHawk helicopter that collided with a passenger jet near Ronald Reagan Washington National Airport, U.S. officials said on Wednesday.