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David McCormick, a former hedge fund executive who lost the Republican primary for Pennsylvania’s open Senate seat last year, will announce on Thursday that he is running again for Senate—this time against three-time incumbent Democratic senator Bob Casey Jr.
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.
Pennsylvania, one of the nation’s most politically competitive states, has tilted toward Democrats in recent years. Republicans in 2022 faced several losses in the state, including candidates for Senate and governor backed by former President Donald Trump.
