GOP Senate Candidate Reportedly Threatened, Retaliated Against Sexual Harassment Victims
Former hedge fund CEO David McCormick allegedly tried to intimidate former employees who came forward about workplace harassment. His Senate campaign has also paid more than $600,000 to a consulting firm that faced a sexual harassment suit.
Photo: Getty Images Politics 2024 Election
It’s now less than 50 days until Election Day, and Pennsylvania is again expected to be one of several states that could determine the outcome of the presidential race. While a lot of news coverage will focus on how Vice President Kamala Harris and former president Donald Trump are polling in the Keystone State, there is also a key Senate contest: Incumbent Sen. Bob Casey (D) is facing off against former hedge fund CEO and Connecticut resident David McCormick. McCormick currently trails Casey in the polls by an average of 3.5 points and as many as 9 points.
If McCormick’s name sounds familiar, it’s because he also ran in the GOP primary in 2022. He lost to the Trump-endorsed Dr. Mehmet Oz by fewer than 1,000 votes; Oz then lost to now-Sen. John Fetterman. McCormick is the former president and CEO of Bridgewater Associates, the world’s largest hedge fund, located in Westport, Connecticut, where McCormick still lives. It was only a few months before announcing his first Senate run in late 2021 that he bought a house in Pittsburgh, Pennsylvania (though he was raised in Bloomsburg).
Stories on the culture of harassment and fear at Bridgewater were published in 2016 and 2017—years before McCormick entered politics—but McCormick’s reported role in perpetuating that environment wasn’t fully explored until New York Times finance reporter Rob Copeland published The Fund, a book about Bridgewater, in 2023. The Fund, along with reporting from the NYT, and a contemporaneous complaint filed in Connecticut allege that McCormick threatened or retaliated against three former Bridgewater employees who reported sexual harassment.