McHenry Says Debt Fight Could Hit Treasuries Harder
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Patrick McHenry, Former House Financial Services Chair, says Republicans are playing defense in the 2026 midterms as campaign money moves toward races the party considers more urgent to protect. McHenry says Republicans should address the debt ceiling while they control Congress and the White House, warning Democrats could use it as leverage next year and that another standoff could cause greater Treasury-market turmoil than the 2023 fight. He speaks with Kailey Leinz and Joe Mathieu on Bloomberg’s "Balance of Power." -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://
Tags: Campaign Trail, Debt ceiling, Democrat, Donald Trump, GOP, Joe Mathieu, Kailey Leinz, Lame Duck, Michael Whatley, Midterms, North Carolina, Patrick McHenry, Republicans, Senate, Senate Races, Senate race, The Fed, elections, house, map
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