It’s Christmas in July for Dave McCormick.
Americans For Prosperity Action announced Wednesday it is throwing its weight behind the Republican in his campaign against incumbent Sen. Bob Casey Jr. in 2024. The endorsement comes despite the fact that the author and former hedge fund CEO who ran against Dr. Mehmet Oz for the Republican nomination last year has not announced another bid for office.
He is, however, widely expected to eventually enter the race.
The political action committee, affiliated with the free-market organization Americans For Prosperity, announced other U.S. Senate endorsements on Wednesday as well. They included U.S. Sen. Pete Ricketts of Nebraska and retired U.S. Army Captain Sam Brown of Nevada.
“The last three election cycles have made it clear that if we want better policies from Washington, we need better candidates who can lead our country forward,” said Nathan Nascimento, the PAC’s executive director. “AFP Action is prepared for an unprecedented election cycle engagement in 2024. We’ll be engaging in more primaries at every level of office and using our unmatched data capabilities to bring new voters into the political process. We are ready to deploy the strongest and most effective grassroots army in the country to change the outcome of critical races and elect champions for policies that will empower Americans.”
McCormick, who served in the 82nd Airborne Division during the Persian Gulf War, was a Treasury undersecretary for President George W. Bush. He was CEO of Bridgewater Associates, one of the world’s largest hedge funds, from 2020 to 2022.
McCormick has been traveling the state, meeting potential voters, and promoting his book, “Superpower in Peril.”
Casey, who shares a name with his famous father who had served as Pennsylvania governor, is seeking his fourth term.
Perhaps taking a populist cue from Sen. John Fetterman (D) in 2022, Casey said on his campaign website he will “stand up to powerful corporate interests and make the lives of hardworking Pennsylvanians a little bit easier.”
Between 2017 and 2022, Casey’s top contributors were law firms, lobbyists, finance, insurance, and real estate firms, according to FollowtheMoney.org
“Pennsylvania cannot have another term of Bob Casey rubber-stamping Biden’s big-government agenda. Pennsylvanians have seen enough from Casey to know that he’s not going to stand up to the status quo,” said AFP Action Senior Advisor Ashley Kingensmith. “They’ve have had enough of record-breaking spending, redistribution, and constraining regulation from Washington—and they’re the ones paying the price.
“That’s why we’re sending out the signal and encouraging Dave McCormick to enter this race and give the Keystone State the representation it needs in Washington. Should McCormick choose to run, he will have the backing and enthusiasm of our grassroots who are ready to send him to Washington,” she said.
Nascimento added, “This is an example of AFP Action getting involved earlier in the election cycle. We’re identifying strong candidates who have the qualities and principles we want to see representing Americans in Washington. Dave McCormick is one of those candidates.”
Should McCormick decide to run, the Democrats have their swords out.
Maddy McDaniel, senior communications adviser to the Pennsylvania Democratic Party, said, “David McCormick is a Wall Street mega-millionaire who has sold out Pennsylvanians to make millions for himself, his wealthy friends, and the Chinese government. Sen. Bob Casey has spent his career delivering for Pennsylvania families, while David McCormick has shipped American jobs overseas and prioritized China over Pennsylvania.”