Manchin Says He’ll Back Barr as Fed’s Chief Banking Supervisor

Senator Joe Manchin said he’ll support Michael Barr’s nomination to be vice chair of supervision at the U.S. Federal Reserve, adding key backing for the Treasury Department veteran as President Joe Biden continues working to fill central bank vacancies.

The West Virginia Democrat said in a tweet that he spoke with Barr last week about the nominee’s views on the future of the banking industry, the importance of energy security and “the need for strong monetary policy responses from the Federal Reserve to minimize and reverse the harmful effects that inflation taxes are having on the American people.”

“I ...