NewsBite

Joe Manchin

March

Forrest family powerbroker had alleged role in big Fortescue decisions

Evidence provided by the ASX-listed miner’s executives to a US court suggests John Hartman was deeply involved in plans to move into the US energy market.

Andrew Forrest had a close relationship with then US senator Joe Manchin in 2022.

Forrest allegedly chased coal plant buy to ‘influence’ key US senator

Internal documents suggest Fortescue considered a $200 million deal based on its relationship with a US politician, whose IRA support was crucial to it passing.

February

Former US Senator for West Virginia Joe Manchin with former Australian treasurer Joe Hockey. Mr Manchin will join Mr Hockey’s Bondi Partners as a senior adviser.

This US senator stole Joe Hockey’s boots. Now they’ve joined forces

Joe Manchin says Australia will always be a valued ally even if it does not feel that way in the frenzied early days of Donald Trump.

November 2024

Congress so far has failed to pass any spending bills to fund federal agency programs in the fiscal year starting on October 1 amid a feud within the Republican Party.

Republicans to take control of US Senate after flipping two seats

With no further prospects of Democratic gains in outstanding races, Republicans were on track to retake the upper chamber of Congress for the first time in four years.

May 2024

Jim Justice is running for Joe Manchin’s US Senate seat.

Why this Trump acolyte is key to finding some of Greensill’s billions

The fight to recover funds owed to Credit Suisse clients has landed with West Virginia coal baron and senate hopeful Jim Justice and a small Virginia bank.

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February 2024

Joe Biden insists that his memory is fine at a hurriedly called press conference last week.

Biden should step aside – but what is the safest way to do so?

Hanging on or handing over to Kamala Harris both contain huge risks. There is a third choice if the president wants to take it.

November 2023

Fortescue in billionaire bust-up with US tycoon Paul Tudor Jones

The company is accused of unethical and immoral conduct by one of the world’s richest men, after he was dumped as a co-investor in its clean energy projects.

Joe Manchin

Democrats fear losing Senate control as Joe Manchin taps out

The West Virginia legislator’s decision sent shockwaves through Joe Biden’s party and gives Republicans a significant chance to seize control of the Senate.

July 2023

People who worked with Donald Trump in the White House say he will struggle to get establishment figures to work with him again.

Is the US sleepwalking into a new Trump nightmare?

One dinner party guest predicted Trump would be ‘hell-bent’ on taking revenge on anyone who had challenged him.

March 2023

Bill Ackman warns bank runs will accelerate after Fed rate rise

Ackman expects deposit outflows to accelerate

Bill Ackman said he expects an acceleration of deposit outflows from banks after US Treasury Secretary Janet Yellen “walked back” deposit guarantees and the Fed raised its benchmark rate.

An ExxonMobil refinery in Baton Rouge, Louisiana. The company says low carbon businesses require ‘world-scale’ projects

Oil companies line up for billions in subsidies under US climate law

Inflation Reduction Act’s tax credits include technologies favoured by fossil fuel sector, and big companies are cashing in.

January 2023

The Inflation Reduction Act will provide about $370bn worth of subsidies for clean energy, marking the US’s most ambitious effort to tackle climate change.

US states recruit European clean tech groups with green subsidies

Delegations from Michigan, Georgia, Ohio and other states have toured Europe armed with details of juicy subsidies offered by the Inflation Reduction Act.

December 2022

Rivesville has gone through tough times since its coal-fired power plant closed.

‘I do not trust billionaires’: Twiggy’s uphill battle on coal

Andrew Forrest hopes to extend his hydrogen push to rural West Virginia, but he’s meeting some unexpected resistance.

November 2022

Joe Biden

Biden gaffe on coal plant closures sparks fury

Just days before the midterm elections, the US president has upset some in his party for promoting plans to shut down fossil fuel plants in favour of green energy.

August 2022

President Joe Biden hands the pen he used to sign the Democrats’ landmark climate change and health care bill to Senator Joe Manchin. Also pictured is Senate Majority Leader Chuck Schumer and Majority Whip James Clyburn.

Biden signs expansive health, climate and tax law

“This bill is the biggest step forward on climate ever,” the US president said, after drawing a standing ovation from a White House crowd of aides and allies.

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Five states – Wyoming, West Virginia, Pennsylvania, Illinois and North Dakota – account for 71 per cent of total US coal production.

How to make America the green investment capital of the world

With the Inflation Reduction Act, US politicians have this choice. If they fail to take it, those green jobs will go to Europe, the Middle East and Asia.

Joe Manchin has not secured much.

The Democrats are taking Joe Manchin for a ride

A key problem with the Inflation Reduction Act, according to Ramesh Ponnuru, is that it doesn’t really address today’s high inflation.

Joe Biden managed to score a big political win by doing something almost unheard of in Washington these days — orchestrating compromise.

Why Biden’s surprise political win is also good for the economy

The recent success of the Chips and Science Act shows that the US can still govern itself, and it could save the country hundreds of billions of dollars.

July 2022

Biden

Biden set for major win on tax, spending and climate bills

US Democrat Joe Manchin announced he reached a deal with his party that paves the way for significant legislation pushed by the president’s administration.

Democrats are unenthusiastic about the prospect of Biden running in 2024

The world had high hopes, but where did Joe Biden go wrong?

In just 18 months, the US president’s ambitious agenda has been demolished – along with his popularity.

Original URL: https://www.afr.com/person/joseph-manchin-1nut