Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Joe Manchin Continues To TANK Biden’s Presidency
Posted
March 16, 2022
Views
113,686
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4,799
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March 16, 2022
113,686
4,799
1,301
5.37%
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12:20Now PlayingWest Virginia Senator Joe Manchin is once again siding with the Republicans in not supporting President Biden’s pick for the Federal Reserve Board Sarah Bloom Raskin. Raskin has a history of supporting stricter banking regulations as well as climate regulation and climate change, which Manchin obviously opposes due to his funding from fossil fuel companies. Cenk Uygur and Ana Kasparian discuss on The Young Turks. Watch LIVE weekdays 68 pm ET.
Read more HERE:
"Senator Joe Manchin III, a key centrist Democrat, announced on Monday that he would not support Sarah Bloom Raskin for a top position on the Federal Reserve, potentially dooming her chances for confirmation as Republicans show little appetite for placing a supporter of stricter bank regulation into the powerful role.
Without Republican support in the evenly divided Senate, Democrats need all 50 senators who caucus with their party to vote in favor of Ms. Raskin for her to become the Federal Reserve’s vice chair for supervision. Republicans have so far stonewalled her nomination in committee, raising concerns about her position on climate regulation and her work in the private sector.
Mr. Manchin, a West Virginian who has close ties to the fossil fuel industry and has rejected much of President Biden’s climate agenda, cited her statements on climate and energy policy, and pointedly noted that the board “is not an institution that should politicize its critical decisions.”"
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