NEW: CEO of world's largest hedge fund resigns ahead of potential Senate run
Bridgewater Associates CEO David McCormick stepped down from his post to consider joining the Republican primary for an open U.S. Senate seat in Pennsylvania, the world's largest hedge fundThe race to replace Sen. Pat Toomey , who is retiring at the end of his term, is expected to be one of the most competitive in the country and could determine control of the Senate., conservative commentator Kathy Barnette and Carla Sands, a former ambassador to Denmark.
"We all recognize that Dave is a hero on a hero's journey," it added. He "always has been from his stint at West Point and in the military, then his time in the White House and the US Treasury." "While we will miss him, we are also joyous for his opportunity to pursue his hero's journey in service to our country, and we are especially grateful for the gifts he left us."
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