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McCormick’s Senate Run & the Remarkable Jimmy Cayne

David McCormick
Photo by Drew Angerer/Getty Images
William D. Cohan
December 29, 2021

Each week, I receive feedback from readers and sources about Wall Street’s biggest characters and concerns. I’ll be engaging with some of those questions here—in addition to a few observations of my own.


David McCormick, the highly respected C.E.O. of Bridgewater, appears to be adopting the Trump-era “populist” playbook for his Senate run in Pennsylvania, with help from Hope Hicks, Cliff Sims and, incredibly, Stephen Miller. What is he thinking, and what does Wall Street make of it?