The "red wave" didn't materialize, but Republicans still managed to win back control of the House of Representatives, which includes claiming committee chairmanships. The powerful House Financial Services Committee will be run by Rep. Patrick McHenry of North Carolina. He'll share his views on. the Republican-led chamber's legislative priorities, and his committee's investigative priorities, including next month's hearing on the stunning collapse of the cryptocurrency exchange FTX. CNBC's Ylan Mui interviewed him at the 2022 CNBC CFO Council Summit on November 30, 2022.