David H. McCormick
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David H. McCormick
David Harold McCormick (born August 17, 1965) is an American politician and businessman. McCormick served as the CEO of Bridgewater Associates, one of the world's largest hedge funds, from 2020 to 2022. A member of the Republican Party (US), Republican Party, he was formerly Under Secretary of the Treasury for International Affairs during the George W. Bush administration. In January 2022, McCormick announced that he was 2022 United States Senate election in Pennsylvania, running for the U.S. Senate seat held by retiring Senator Pat Toomey. He lost to Mehmet Oz in the Republican primary by fewer than 1,000 votes. Early life and education McCormick was born in Washington, Pennsylvania, and raised in the Pittsburgh area. He attended high school in Bloomsburg Area School District, Bloomsburg. His father, James McCormick, was president of Bloomsburg University and chancellor for the Pennsylvania State System of Higher Education. McCormick graduated from West Point in 1987 with a B ...
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Under Secretary Of The Treasury For International Affairs
The Under Secretary of the Treasury for International Affairs is a senior position within the United States Department of the Treasury responsible for advising the Secretary of the Treasury on international economic issues. During the Trump Administration the office was held by Brent McIntosh following the appointment of David Malpass to lead the World Bank. As of June 2021, the office is vacant. Overview The Office of International Affairs (IA), led by the Under Secretary of the Treasury for International Affairs, has oversight of the following: *Office of International Economic Analysis *Assistant Secretary of the Treasury for International Finance and Development **Office of Asia **Office of Europe and Eurasia **Office of Western Hemisphere **Office of Middle East and North Africa **Office of International Monetary Policy **Office of International Development Finance ***United States Executive Director of the African Development Bank ***United States Executive Director of the ...
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Persian Gulf War
The Gulf War was a 1990–1991 armed campaign waged by a 35-country military coalition in response to the Iraqi invasion of Kuwait. Spearheaded by the United States, the coalition's efforts against Iraq were carried out in two key phases: Operation Desert Shield, which marked the military buildup from August 1990 to January 1991; and Operation Desert Storm, which began with the aerial bombing campaign against Iraq on 17 January 1991 and came to a close with the American-led Liberation of Kuwait on 28 February 1991. On 2 August 1990, Iraq invaded the neighbouring State of Kuwait and had fully occupied the country within two days. Initially, Iraq ran the occupied territory under a puppet government known as the "Republic of Kuwait" before proceeding with an outright annexation in which Kuwaiti sovereign territory was split, with the "Saddamiyat al-Mitla' District" being carved out of the country's northern portion and the "Kuwait Governorate" covering the rest. Varying specu ...
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West Point
The United States Military Academy (USMA), also known Metonymy, metonymically as West Point or simply as Army, is a United States service academies, United States service academy in West Point, New York. It was originally established as a fort, since it sits on strategic high ground overlooking the Hudson River with a scenic view, north of New York City. It is the oldest of the five American service academies and educates cadets for Commission (document)#United States, commissioning into the United States Army. The academy was founded in 1802, one year after President Thomas Jefferson directed that plans be set in motion to establish it. It was constructed on site of Fort Clinton (West Point), Fort Clinton on West Point overlooking the Hudson, which Colonial General Benedict Arnold conspired to turn over to the British during the American Revolutionary War, Revolutionary War. The entire central campus is a National Historic Landmark, national landmark and home to scores of ...
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Bloomsburg University
Bloomsburg University of Pennsylvania (Bloomsburg, BU or Bloom) is a campus of Commonwealth University of Pennsylvania and it is located in Bloomsburg, Pennsylvania. It is part of the Pennsylvania State System of Higher Education (PASSHE). The campus is accredited by the Middle States Commission on Higher Education with some degree programs accredited by specialized accreditors. History It was established as Bloomsburg Academy in 1839. In 1856, it was renamed Bloomsburg Literary Institute. The name became Bloomsburg Literary Institute and State Normal School in 1869. In 1916, the state of Pennsylvania took control and named it Bloomsburg State Normal School. The name was changed to Bloomsburg State Teachers College in 1927. In 1960, the name was changed to Bloomsburg State College. The name was changed to the current Bloomsburg University of Pennsylvania on July 1, 1983. Bloomsburg terminated its Greek Life program on May 13, 2021. In July 2021, Pennsylvania higher education ...
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Bloomsburg Area School District
The Bloomsburg Area School District is a small, suburban/rural public school district. The district is one of the 500 school districts of Pennsylvania. The Bloomsburg Area School District serves the Town of Bloomsburg and Beaver Township, Hemlock Township, Main Township and Montour Township in Columbia County, Pennsylvania. The district encompasses approximately . According to 2000 federal census data, it served a resident population of 17,860. By 2010, the district's population increased to 20,654 people. The educational attainment levels for the district's population (25 years old and over) were 91.5% high school graduates and 26.4% college graduates. According to the Pennsylvania Budget and Policy Center, 49.6% of the Bloomsburg Area School District's pupils lived at 185% or below the Federal Poverty level as shown by their eligibility for the federal free or reduced price school meal programs in 2012. In 2009, the district residents' per capita income was $14,741, while ...
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Pittsburgh
Pittsburgh ( ) is a city in the Commonwealth (U.S. state), Commonwealth of Pennsylvania, United States, and the county seat of Allegheny County, Pennsylvania, Allegheny County. It is the most populous city in both Allegheny County and Western Pennsylvania, the List of municipalities in Pennsylvania#Municipalities, second-most populous city in Pennsylvania behind Philadelphia, and the List of United States cities by population, 68th-largest city in the U.S. with a population of 302,971 as of the 2020 United States census, 2020 census. The city anchors the Pittsburgh metropolitan area of Western Pennsylvania; its population of 2.37 million is the largest in both the Ohio Valley and Appalachia, the Pennsylvania metropolitan areas, second-largest in Pennsylvania, and the List of metropolitan statistical areas, 27th-largest in the U.S. It is the principal city of the greater Pittsburgh–New Castle–Weirton combined statistical area that extends into Ohio and West Virginia. Pitts ...
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Mehmet Oz
Mehmet Cengiz Öz (; born June 11, 1960), known professionally as Dr. Oz (), is an Turkish American former professor of cardiothoracic surgery at Columbia University, television presenter, author and former political candidate. The son of Turkish immigrants, Oz was raised in Wilmington, Delaware, and graduated from Harvard University and the University of Pennsylvania. A dual citizen of the U.S. and Turkey, Oz served in the Turkish Army during the 1980s for 60 days of mandatory training, specifically for citizens who reside in foreign countries, to maintain his Turkish citizenship. He subsequently began his residency in surgery at Columbia University Irving Medical Center in 1986. In 2001, he became a professor of surgery at Columbia University, and later retired to professor emeritus in 2018. In 2003, Oprah Winfrey was the first guest on the Discovery Channel series ''Second Opinion with Dr. Oz'', and he was a regular guest on ''The Oprah Winfrey Show,'' making more than sixty ...
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The Philadelphia Inquirer
''The Philadelphia Inquirer'' is a daily newspaper headquartered in Philadelphia, Pennsylvania. The newspaper's circulation is the largest in both the U.S. state of Pennsylvania and the Delaware Valley metropolitan region of Southeastern Pennsylvania, South Jersey, Delaware, and the northern Eastern Shore of Maryland, and the 17th largest in the United States as of 2017. Founded on June 1, 1829 as ''The Pennsylvania Inquirer'', the newspaper is the third longest continuously operating daily newspaper in the nation. It has won 20 Pulitzer Prizes . ''The Inquirer'' first became a major newspaper during the American Civil War. The paper's circulation dropped after the Civil War's conclusion but then rose again by the end of the 19th century. Originally supportive of the Democratic Party, ''The Inquirers political orientation eventually shifted toward the Whig Party and then the Republican Party before officially becoming politically independent in the middle of the 20th cen ...
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Pat Toomey
Patrick Joseph Toomey Jr. (born November 17, 1961) is an American businessman and politician serving as the junior United States senator for Pennsylvania since 2011. A member of the Republican Party, he served three terms as the U.S. representative for , from 1999 to 2005. Of mixed Irish Catholic and Azorean descent, Toomey graduated from Harvard College. A former Wall Street banker, Toomey narrowly lost the Republican primary for United States Senate in 2004. From 2005 to 2009, he served as president of the Club for Growth. Toomey won the Republican primary for the 2010 U.S. Senate election in Pennsylvania, and was elected to the seat after defeating the Democratic nominee, former U.S. Navy three-star admiral and congressman Joe Sestak, in the general election. He was reelected to the Senate in 2016, defeating Democratic nominee Katie McGinty. On October 5, 2020, Toomey announced that he would not run for reelection to a third Senate term in 2022. On February 13, 2021, To ...
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2022 United States Senate Election In Pennsylvania
The 2022 United States Senate election in Pennsylvania was held on November 8, 2022, to elect a member of the United States Senate to represent the Commonwealth of Pennsylvania. Democratic lieutenant governor John Fetterman won his first term in office, defeating Republican surgeon Mehmet Oz. Fetterman will succeed incumbent Republican senator Pat Toomey, who did not seek re-election after two terms. The election marked the only U.S. Senate seat to flip parties in the 2022 midterms. In the May 17 primary, Fetterman won the Democratic nomination with 59% of the vote. Oz finished with a 0.1% difference ahead of businessman David McCormick in the Republican primary, triggering an automatic recount. McCormick conceded the nomination on June 3, making Oz the first Muslim candidate to be nominated by either major party for U.S. Senate. The general election was among the most competitive of the 2022 midterms and characterized as highly contentious. Fetterman framed Oz as a carpetba ...
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Republican Party (US)
The Republican Party, also referred to as the GOP ("Grand Old Party"), is one of the two major contemporary political parties in the United States. The GOP was founded in 1854 by anti-slavery activists who opposed the Kansas–Nebraska Act, which allowed for the potential expansion of chattel slavery into the western territories. Since Ronald Reagan's presidency in the 1980s, conservatism has been the dominant ideology of the GOP. It has been the main political rival of the Democratic Party since the mid-1850s. The Republican Party's intellectual predecessor is considered to be Northern members of the Whig Party, with Republican presidents Abraham Lincoln, Rutherford B. Hayes, Chester A. Arthur, and Benjamin Harrison all being Whigs before switching to the party, from which they were elected. The collapse of the Whigs, which had previously been one of the two major parties in the country, strengthened the party's electoral success. Upon its founding, it supported classi ...
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Hedge Fund
A hedge fund is a pooled investment fund that trades in relatively liquid assets and is able to make extensive use of more complex trading, portfolio-construction, and risk management techniques in an attempt to improve performance, such as short selling, leverage, and derivatives. Financial regulators generally restrict hedge fund marketing to institutional investors, high net worth individuals, and accredited investors. Hedge funds are considered alternative investments. Their ability to use leverage and more complex investment techniques distinguishes them from regulated investment funds available to the retail market, commonly known as mutual funds and ETFs. They are also considered distinct from private equity funds and other similar closed-end funds as hedge funds generally invest in relatively liquid assets and are usually open-ended. This means they typically allow investors to invest and withdraw capital periodically based on the fund's net asset value, whereas pr ...
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