Manchin Flexes Muscle Again With His Inflation Alarm Vindicated

Nearly a year ago, Senator Joe Manchin wrote Fed Chair Jerome Powell to raise alarm that the central bank’s policies would overheat the economy, a fixation that made the West Virginia Democrat an outlier in his party.

But with inflation now at a 40-year high, Manchin’s concerns have been vindicated -- and gave him ammunition to once again thwart a legislative agenda President Joe Biden and the White House had hoped would lift their party’s prospects ahead of November’s midterm elections.

Joe Manchin

Photographer: Ting Shen/Bloomberg

Manchin privately told Democratic leaders Thursday that he wouldn’t support an economic package that included tax hikes and ...