On February 17, 2005, President George W. Bush named Negroponte as the first Director of National Intelligence, (DNI), a cabinet-level position charged with coordinating the nation's Intelligence Community. On April 21, 2005, Negroponte was confirmed by a vote of 98 to 2 in the Senate, and subsequently sworn into the office that was called "substantially stronger" than its predecessor position, the Director of Central Intelligence. Part of its power stemmed from the ability to "determine" budgets, prompting President Bush to remark, "That's why John Negroponte is going to have a lot of influence. He will set the budgets." The budget of the Intelligence Community is estimated at $40 billion.