What is the most 'pythonic' way to logically combine a list of booleans?

I have a list of booleans I'd like to logically combine using and/or. The expanded operations would be:

vals = [True, False, True, True, True, False]

# And-ing them together
result = True
for item in vals:
    result = result and item

# Or-ing them together
result = False
for item in vals:
    result = result or item

Are there nifty one-liners for each of the above?