Sen. Joe Manchin calls Biden’s Build Back Better bill a ‘dead issue’
FOX Business’ Edward Lawrence reports from the White House on Biden’s spending bill.
Sen. Joe Manchin remains undecided on whether to support President Biden's nominees for the Federal Reserve, including Sarah Bloom Raskin, the controversial pick for a top regulatory post at the central bank.
The West Virginia Democrat – who has been a fierce critic of the Federal Reserve's monetary policy amid the highest inflation in 40 years – told Bloomberg News that he is still reviewing the candidates.
"We had a conversation, and we will have more conversations," Manchin said of Raskin, whom he met with earlier this week. "I made no decisions on anybody."
REP. JAMIE RASKIN REFUSED TO DISCLOSE HUGE STOCK PAYOUT FOR HIS WIFE, A BIDEN FED NOMINEE
Manchin serves as a critical vote in the 50-50 Senate – particularly for Raskin, who is facing fierce and united pushback from Republicans.
"We’re just basically looking and reviewing everything and talking to my good friends here about all the different concerns people have," he said of the GOP opposition to Raskin.
Republicans, led by Sen. Pat Toomey of Pennsylvania, have skewered Raskin because of her past remarks on climate regulations, but boycotted a key vote on her nomination in the Senate Banking Committee earlier this week because of her ties to a Colorado-based fintech company that received a Federal Reserve master account while she served on its board.