Wall Street Eyes Rep. McHenry as Potential Moderating Force as House Speaker

Rep. Patrick McHenry has emerged as a pragmatic, bipartisan dealmaker and counterweight to GOP brinkmanship on debt limits.

The finance industry hopes McHenry as House speaker could add stability amid a looming government shutdown.

McHenry has been a top recipient of Wall Street campaign contributions and a key ally on cryptocurrency.

McHenry warned against using the debt limit as leverage, citing risks to the global economy.

Some warn McHenry as speaker alone wouldn't fix structural problems with the fractious House GOP conference.