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Manchin in Driver’s Seat Again After Inflation Fears Vindicated

  • Senator again thwarts Biden economic agenda ahead of midterms
  • Urgency to combat soaring prices has strengthened his hand
Joe Manchin
Joe ManchinPhotographer: Ting Shen/Bloomberg

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.