News: Former Rep. Patrick McHenry (R-N.C.) is joining BGR Group’s advisory board, landing him another big role in Washington.
The former House Financial Services Committee chair and leadership ally will help guide the lobbying shop’s legislative strategy. McHenry, who retired last year, also serves in advisory roles at a16z, Lazard, Stripe and Ondo Finance.
“This keeps one toe in the workings of Washington, and I wanted to still have that practical touch point of what’s happening with the administration and our legislative branch,” McHenry said.
BGR lobbies for major financial services clients including BlackRock, Citigroup, Deutsche Bank and a16z. The move will also reunite McHenry with his former staff director, Matt Hoffmann, who’s a lobbyist at the firm.
McHenry’s new role at BGR comes as businesses navigate major economic turmoil amid new tariffs and recession fears. The GOP is also working to overhaul taxes via reconciliation and advance crypto legislation, a long-time focus for McHenry.
“It’s never boring. Washington has never mattered so much to the market and to the real economy,” McHenry said. “The president has a great economic team and long term we’ll see their strategic vision take hold and take shape.”
