Patrick McHenry

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Patrick McHenry has been doing this out of his youth.

I give him immense credit for starting young in the national political game.

I see forever you're going to be Congressman McHenry.

Get over it.

Of course, head of international economics with Bloomberg News.

Patrick McHenry, I see Pat Harrigan fighting for his life in the 10th district of North Carolina against Ashley Bell.

I mean, right there, it is a shock alone.

Former Republican Congressman Charlie Dent on balance of power.

President Trump says he's willing to work with Democrats, but former House Republican Patrick McHenry says the GOP still has to work with him, too.

This president still has mastery over the Republican Party.

Even at this stage where the president is not popular with the voting electorate, you heard that like a siren sound like 1994, 1974.

That is the magnitude of what we saw last night.

Former House Republican Patrick McHenry is a Bloomberg contributor and was a guest on Bloomberg surveillance.

Democratic leader Hakeem Jeffries is on the cusp of making history as the nation's first black speaker of the House when the new Congress convenes in January.

He says their priorities will be ending the war, stopping tariffs and lowering prices.

Trump also posted on social media that had his name been on the ballot, Republicans would have won, quote, in a landslide.

Former House Republican Patrick McHenry of North Carolina says his party has to heed the lesson learned from voters starting now.

You have to acknowledge what the voters have sent a message on.

And it's not simply President Trump.

It's a question of independence and actually delivering on your word and the principles you campaigned

on.

Former House Republican Patrick McHenry is now a Bloomberg contributor.

He was on Bloomberg surveillance.

Former White House Chief of Staff Rahm Emanuel was on Bloomberg Television.

As for the direction Republicans should take now, Patrick McHenry is a former chair of the House Financial Services Committee.

Long term,

this president still has mastery over the Republican Party.

You heard that like a siren sound like 1994, 1974.

That is the magnitude of what we saw.

Former House Republican Patrick McHenry was a guest on Bloomberg Surveillance.

And the counting isn't over yet.

Hakeem Jeffries is now poised to become the first black House speaker in American history.

Former House Financial Services Chair Republican Patrick McHenry says last night was a bloodbath for his party.

This tonight, though, is a generational wipeout for the Republican Party.

And what it means for the Democratic Party could be something akin to what 1994 meant for my Republican Party and 2010 meant for my Republican Party.

The magnitude of this is felt not just at the federal level, but very much in these state houses.

Former House Republican Patrick McHenry is now a Bloomberg contributor.

He appeared on last night's special election edition of Balance of Power on Bloomberg Radio and Television and the Bloomberg Business app.

So, Nathan, how is this all sitting with President Trump? He says he's willing to accept the results of these midterm elections, but is not taking responsibility for the GOP defeats.

Hakeem Jeffries is now poised to become the first black House speaker in American history.

Former House Financial Services Chair Republican Patrick McHenry says last night's results are a bloodbath for the GOP.

This tonight, though, is a generational wipeout for the Republican Party.

And what it means for the Democratic Party could be something akin to what 1994 meant for my Republican Party and 2010 meant for my Republican Party.

The magnitude of this is felt not just at the federal level, but very much in these state houses.

Former House Republican Patrick McHenry is now a Bloomberg contributor.

He appeared on last night's special election night edition of Balance of Power on Bloomberg Radio and Television and the Bloomberg Business app.

So, Nathan, how is this all sitting with President Trump? He says he's willing to accept the results of these midterm elections, but is not taking responsibility for the GOP defeats.

The result is a setback for Republicans who backed Trump's trade agenda and the war in Iran.

Bloomberg News contributor and former Republican congressman Patrick McHenry says it's a seismic moment for the party.

It's a bloodbath.

This is a bloodbath of a night.

There's no getting around it.

There's a question of, is this a wave election, the nature of the wave election? All you see is pain for Republicans.

Patrick McHenry there, as Republicans now have to decide what comes next as they pick up the pieces after the bruising result.

The lame duck session is their last chance to pass legislation or confirm judges under full Republican control.

The result is a setback for Republicans who backed Trump's trade agenda and the war in Iran.

Bloomberg News contributor and former Republican congressman Patrick McHenry says it's a seismic moment for the party.

It's a bloodbath.

This is a bloodbath of a night.

There's no getting around it.

There's a question of, is this a wave election, the nature of the wave election? All you see is pain for Republicans.

Patrick McHenry there, as Republicans now have to decide what comes next as they pick up the pieces after the bruising result.

The lame duck session is their last chance to pass legislation or to confirm judges under full Republican control.