Donald Trump is many things, including a businessman . As the next president of the United States, he’ll be relying on a number of fellow former business leaders to help get his global economy-changing plans through the Senate. It’s not uncommon for members of Congress to have some degree of background in business.
In the latest iteration of Congress, 33 senators had a business or banking background, making it the third-most common prior occupation, only outmatched by law and public service backgrounds, according to The Brookings Institution . In the House, 168 representatives had a business or banking background, making it the second-most common prior experience. Now, five more — Republican — businessmen are ready to join the Senate.
Here’s who they are. 2 / 7 Dave McCormick Dave McCormick Dave McCormick last week defeated incumbent Democratic Sen. Bob Casey to become Pennsylvania’s next senator, a big win for the former consultant and hedge fund executive.
According to his LinkedIn, McCormick worked at the consultancy McKinsey & Company for a handful of years before he joined FreeMarkets in 1999, as the company was going public. By 2002, he had become CEO and led the company’s overseas expansion. He also led its sale to Ariba in early 2004, leaving the company in 2005 .
After a stint in the Treasury Department, McCormick joined Ray Dalio’s Bridgewater Associates, a hedge fund managing $168 billion as of 2022 . By 2017, he had become co-CEO, later becoming th.
