FINANCE BRIEF: Wall Street Lobbyists Root for McHenry as Speaker

Oct. 19, 2023, 10:14 AM UTC

Business lobbyists have offered mixed reviews of the candidates in the protracted bid for House speaker but there’s one name not officially in the race they just can’t quit buzzing about: Patrick McHenry.

The North Carolina Republican, who leads the House Financial Services Committee, has taken an understated role as speaker pro tempore that belies his deep ties among Washington’s lobbyists and the clients, including big Wall Street banks, they represent.

Since McHenry assumed the temporary, and largely ceremonial role, after members ousted former Speaker Kevin McCarthy (R-Calif.), lobbyists from both sides of the aisle have said they hoped McHenry ...

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