Republican David McCormick flips pivotal Pennsylvania Senate seat, ousts Bob Casey

Republican David McCormick has won Pennsylvania’s pivotal U.S. Senate seat, as the former CEO of the world’s largest hedge fund beat three-term Democratic Sen. Bob Casey in Tuesday’s election after accusing the incumbent of supporting policies that led to inflation, domestic turmoil and war.

The victory pads Republicans’ majority in the Senate, which they wrested from Democratic control this week, and clocked in as the nation’s second-most expensive race while playing out alongside the presidential contest won by Republican Donald Trump in the nation’s premier battleground state.

McCormick, 59, recaptured a GOP seat in Pennsylvania after Republicans lost one in 2022, paying off a bet that party brass made when they urged McCormick to run and consolidated support behind him.

In an interview on Fox News shortly after The Associated Press called the race Thursday, the Trump-endorsed McCormick said “people want change.”

“They’re deeply distressed by the skyrocketing prices, the wide-open border, the crime in our cities, the war on fossil fuels, and they want change and common-sense leadership and that’s why I think they elected President Trump and I think that’s why they have elected me,” McCormick said.

Republican strategists largely credited McCormick’s win to Trump’s strong performance in Pennsylvania, beating Vice President Kamala Harris by about 2% as Democrats navigated headwinds like voter dissatisfaction over inflation under President Joe Biden.

That was enough to pull McCormick to victory, they said.

Beating Casey is earth-shaking for Pennsylvania’s Democratic establishment. Casey is the namesake of a former two-term governor and Pennsylvania’s longest-serving Democrat ever in the Senate.

Until Tuesday, Casey, 64, had won six statewide general elections going back to 1996, but he had never been on the same ballot as Trump.

With votes still being counted, McCormick led Casey by about 31,000 votes, or half a percentage point.

Casey did not concede Thursday, and his campaign pointed to a statement from the state’s top election official that at least 100,000 ballots still remained to be counted, including provisional ballots and military and overseas ballots.

In a statement, Casey said the vote-counting process must be allowed to play out and every vote counted.

“I have dedicated my life to making sure Pennsylvanians’ voices are heard, whether on the floor of the Senate or in a free and fair election,” Casey said. He added, “That is what Pennsylvania deserves.”

McCormick drew on contacts from across the worlds of government, politics and finance to secure backing for his campaign after he was CEO of Bridgewater Associates, the world’s largest hedge fund, and served at the highest levels of former President George W. Bush’s administration.

It was McCormick’s second time running, this time with a clear primary and Trump’s endorsement. He lost narrowly to the Trump-endorsed Dr. Mehmet Oz in 2022’s expensive seven-way primary.

His wealth he’ll be one of the wealthiest senators when he joins the chamber and connections got him flagged by Republicans as someone who could both raise campaign cash and pay his own way for a Senate campaign.

McCormick drummed out the consistent message that Casey was a do-nothing and weak career politician who was a key ally of Biden and Harris. McCormick maintained that he would bring leadership to the job.

Amnewsagency | Anochie’s Report | with Associate Press.