Joe Manchin Threatens to Fight Treasury Over EV Tax Credit Rules

Senator Joe Manchin

Photographer: Eric Lee/Bloomberg
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West Virginia Senator Joe Manchin ramped up criticism of the US Treasury Department over its upcoming interpretation of content rules for electric vehicle tax credits, which he suspects will be too broad and generous to foreign suppliers.

Speaking in Washington on Wednesday, Manchin said the department isn’t setting out rules that follow the intent of the Inflation Reduction Act, which is geared toward spurring domestic manufacturing and jobs.