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For Wall Street, McHenry's Retirement Means Losing a Key Ally in Raucous House

For Wall Street, McHenry's Retirement Means Losing a Key Ally in Raucous House

Also, Chopra's ready to start designating non-banks; FDIC looks to hire new firm to probe workplace misconduct; bank CEOs get ready for long day in Senate

Dec 05, 2023
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For Wall Street, McHenry's Retirement Means Losing a Key Ally in Raucous House
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It was the surprise that wasn’t. Even when Financial Services Chairman Patrick McHenry recently said he was running for re-election, few believed it was a final decision. So his announcement today that he would leave Congress after this term was met with a lot of head nodding and I-told-you-so in financial policy circles. But there was also a good amoun…

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