Ex-hedge fund CEO McCormick to run for Senate in Pennsylvania

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Ex-hedge fund CEO McCormick to run for Senate in Pennsylvania
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Former hedge fund CEO Dave McCormick is planning to jump into the U.S. Senate race against three-time Democratic incumbent Bob Casey later this month, two sources familiar with the plans told Reuters.

Senate Republican primary against celebrity doctor Mehmet Oz, who had the backing of former President Donald Trump, McCormick floated the possibility that he would again seek the party’s nomination for the U.S. Senate.

The decision came after weeks of deliberations. McCormick, 58, had concerns that having Trump at the top of the ticket could be a drag, making it more difficult to oust Casey, 63, sources said. The popular sitting Democratic senator, whose father was a Pennsylvania governor, has won three state-wide elections.U.S.

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