Happening now: Patrick McHenry sits down with Jake Sherman

McHenry on Speaker Mike Johnson: 'He's improving week over week, and that's very important.' Says it's important for speaker to land deals and that Johnson should be commended for landing his second deal, on government

McHenry says 75-80% of his Financial Services legislative work has been related to fintech, and much of it has been bipartisan.

Says it's been fintechs that have enabled 'a whole new world of finance.'

McHenry says he's had productive conversations week over week with Democrats on stablecoin legislation. He said they can get it done this Congress but need a legislative vehicle.

On where they're at in the stablecoin talks, McHenry says: 'You'd still roll your eyes at how small