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After taking a hit from a leading rival as he jumped into a competitive and combustible Republican Senate primary in the key battleground state of Pennsylvania, former hedge fund executive David McCormick returned fire.
As McCormick, a West Point graduate, Gulf War combat veteran and former Treasury Department official in former President George W. Bush’s administration, officially launched his bid to try and succeed retiring GOP Sen. Pat Toomey in a race that could decide whether the Republicans win back the Senate majority in the midterms, top rival Dr. Mehmet Oz quickly criticized McCormick over his former hedge fund’s considerable investments in China.
McCormick, in an interview with Fox News Digital a couple of hours later, accused Oz and his campaign of “telling lies about me,” urged his rival to “renounce” his dual citizenship with Turkey, and questioned why some of Oz’s merchandise was made in “Chinese factories.”
Even before McCormick’s campaign launch, a pro-Oz super PAC blasted him over Bridgewater Associates‘ major investments in China. McCormick joined the hedge fund behemoth a dozen years ago and helped steer Bridgewater Associates from 2017 through the end of last