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.
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