By Jarrett Renshaw PHILADELPHIA (Reuters) - David McCormick, a former hedge fund executive who lost the Republican primary for Pennsylvania's open ...
By Jarrett Renshaw PHILADELPHIA - David McCormick, a former hedge fund executive who lost the Republican primary for Pennsylvania's open Senate seat last year, will announce on Thursday thatBy Jarrett Renshaw
A U.S. Army veteran and former Treasury Department official, McCormick, 58, will kick off one of the nation's most closely watched races with a speech in Pittsburgh, two sources said. Reuters first reported on Sept. 12 that the former CEO of Bridgewater Associates, one of the world's largest hedge funds, would run.
Republicans view the seat as a potential game-changer in 2024 for control of Congress. Democrats are defending a one-seat Senate majority while facing tough incumbent races in West Virginia, Ohio and Montana - states who backed Donald Trump and other Republicans in recent elections. U.S. Senate Republicans focused on McCormick as they try to line up fresh candidates for 2024, after newcomers with fringe views cost them seats in 2022. Republicans believe he is moderate enough to appeal to suburbanites and stable enough to help other candidates on the ticket.
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