"Former Bridgewater CEO Dave McCormick Secures Major Funding for Pennsylvania Senate Run"

Former Bridgewater CEO Dave McCormick, who recently announced his second run for a U.S. Senate seat from Pennsylvania, received support from a gathering of wealthy donors at a party hosted by fashion designer Tory Burch. Attendees included prominent figures from Wall Street such as Lloyd Blankfein, Steven Mnuchin, and Gary Cohn. Many of these individuals have indicated their intention to back McCormick's campaign against Democratic incumbent Sen. Bob Casey through campaign donations or fundraising efforts. Other potential backers include Paul Singer and Steve Schwarzman. If these executives contribute to the race, it could signal a costly campaign, potentially exceeding the $350 million spent in the 2022 Senate race in Pennsylvania.