{"id":617427,"date":"2021-08-06T23:06:39","date_gmt":"2021-08-07T03:06:39","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=617427"},"modified":"2021-08-06T23:06:41","modified_gmt":"2021-08-07T03:06:41","slug":"sen-manchin-increasingly-alarmed-by-fed-policies","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/sen-manchin-increasingly-alarmed-by-fed-policies\/","title":{"rendered":"Sen. Manchin: \u2018Increasingly alarmed\u2019 by Fed policies"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">14<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsen-manchin-increasingly-alarmed-by-fed-policies%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=617427&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div id=\"attachment_2484880\" class=\"wp-caption aligncenter\">\n<p id=\"caption-attachment-2484880\" class=\"wp-caption-text\">WASHINGTON, DC \u2013 AUGUST 03: Sen. Joe Manchin (D-W.Va.) leaves the U.S. Capitol following a vote on August 03, 2021 in Washington, D.C. (Kevin Dietsch\/Getty Images<\/p>\n<\/div>\n<h5>OAN Newsroom<br \/>UPDATED 7:59 PM PT \u2013 Friday, August 6, 2021<\/h5>\n<p>Democrat Sen. Joe Manchin (W.Va.) said he\u2019s alarmed by the Federal Reserve\u2019s current monetary policy. In a <a href=\"https:\/\/www.manchin.senate.gov\/imo\/media\/doc\/fed_stimulus_letter.pdf?cb\">letter<\/a> to Fed Chairman Jerome Powell on Thursday, Manchin called for the central bank to peel back its pandemic-era stimulus measures.<\/p>\n<p>He said although he believes the measures were necessary during the start of the COVID pandemic, they are now sparking record inflation. \u201cIt is imperative we begin to understand that long-term policy responses tailored for an economic depression, may not be what is required for today\u2019s economy and could result in higher than desired inflation if not removed in time,\u201d wrote Manchin.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">I&#8217;m urging Fed Chair Jerome Powell &amp; the Federal Open Market Committee to immediately reassess America\u2019s stance on monetary policy &amp; begin to taper the Fed\u2019s ongoing stimulus in order to avoid saddling Americans w\/ inflation taxes &amp; overheating our economy <a href=\"https:\/\/t.co\/mYXzThdZMf\">https:\/\/t.co\/mYXzThdZMf<\/a><\/p>\n<p>\u2014 Senator Joe Manchin (@Sen_JoeManchin) <a href=\"https:\/\/twitter.com\/Sen_JoeManchin\/status\/1423379516400050178?ref_src=twsrc%5Etfw\">August 5, 2021<\/a><\/p>\n<\/blockquote>\n<p>Last year, the Fed set short-term interest rates to near zero and started purchasing $120 billion per month in bonds to help stimulate the economy amid pandemic lockdowns. Manchin said he\u2019s concerned with the Fed\u2019s continuous spending at emergency levels despite the economy being fully opened at this point.<\/p>\n<h4>MORE NEWS: <a href=\"https:\/\/www.oann.com\/sen-cruz-1-2t-infrastructure-bill-a-trap\/\">Sen Cruz: $1.2T Infrastructure Bill A Trap<\/a><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>WASHINGTON, DC \u2013 AUGUST 03: Sen. Joe Manchin (D-W.Va.) leaves the U.S. Capitol following a vote on August 03, 2021 in Washington, D.C. (Kevin Dietsch\/Getty Images OAN NewsroomUPDATED 7:59 PM &#8230;<\/p>\n","protected":false},"author":7,"featured_media":2315279,"comment_status":"close","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-617427","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/617427","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=617427"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/617427\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=617427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=617427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=617427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}