Manchin says Biden administration ‘failed to act fast enough’ on inflation

Sen. Joe Manchin (D-W.Va.) blamed the Biden administration and the Federal Reserve for rising inflation on Tuesday after Labor Department data found that inflation had increased by 8.5 percent over the last 12 months.

 

“The Federal Reserve and the Administration failed to act fast enough, and today’s data is a snapshot in time of the consequences being felt across the country,” Manchin said in a statement.