January 06, 2014

Manchin Statement on Yellen Confirmation Vote

Washington, D.C. – U.S. Senator Joe Manchin (D-W.Va.) today issued the following statement on his vote to confirm Janet Yellen as the next Federal Reserve Chair:

“When I first met privately with Vice-chair Yellen and during my questioning of her in the Senate Banking Committee, I came away believing that she was clearly qualified to be Federal Reserve Chair. I struggled until the last moment with my vote in the Senate Banking Committee, but I remained troubled by the unchecked quantitative easing policies of the Fed. In light of recent news that the Fed will begin to taper its easing by ten billion dollars a month starting in January, I now feel comfortable supporting Vice-Chair Yellen’s nomination to be Federal Reserve Chair.”