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Manchin Seeks Meeting With Fed’s Brainard, Follow-Up With Powell

  • West Virginia Democrat remains undecided as Biden weighs pick
  • President poised to announce nominee before Thanksgiving
Senator Joe Manchin 
Senator Joe Manchin Photographer: Stefani Reynolds/Bloomberg

Democratic Senator Joe Manchin is looking to meet with Federal Reserve Governor Lael Brainard and have a follow-up conversation with current Fed Chair Jerome Powell, according to a person familiar with the matter, as President Joe Biden prepares to decide who will lead the central bank.

Manchin remains undecided about whether Powell or Brainard -- the two contenders under consideration by Biden -- would be best for the job, according to the person, who described the senator’s thinking on condition of anonymity. The West Virginia lawmaker has repeatedly questioned the Fed’s bond-buying program this year amid a surge in inflation.