Donald Trump is many things, including a businessman. As the next president of the United States, he will rely on a number of former business leaders to help plans to change the global economy through the Senate.

It is not unusual for members of Congress to have some level of business experience.

In the most recent iteration of Congress, 33 senators had a background in business or banking, making it the third most common prior occupation, second only to law and civil service backgrounds, according to Brookings Institution. In Parliament, 168 representatives had experience in business or banking, making it the second most common prior experience.

Now, five more businessmen — Republicans — are poised to join the Senate. Here’s who they are.

Dave McCormick

Dave McCormick defeated incumbent Democratic Sen. Bob Casey last week to become Pennsylvania’s next senator, a big win for the former hedge fund consultant and executive.

According to LinkedIn, McCormick worked at consulting firm McKinsey & Company for several years before joining FreeMarkets in 1999 as the company went public. By 2002, he became CEO and led the company’s overseas expansion. He also led its sale to Arriba in early 2004, leaving company in 2005.

After a stint at the Treasury Department, McCormick joined Ray Dalio’s Bridgewater Associates, a hedge fund that manages $168 billion starting in 2022. By 2017, he had become co-CEO, later becoming sole boss in April 2020.

His time at Bridgewater opened him up to more attacks on the campaign trail because of his history betting against local legends – such as US Steel (X) and The Hershey Company (HSY) – as well as INVESTMENT in a Chinese company that produces fentanyl.

A 2023 book about Bridgewater and Dalio by Rob Copeland “Fund,” reported that McCormick advocated for closer ties to Saudi Arabia and Saudi Aramco, according to Go Erie. He also helped Dalio pressure an employee who accused then-CEO Greg Jensen of groping her to be a “supportive public presence.”

Conformable The Huffington Postciting financial disclosures, McCormick and his wife, formerly of Goldman Sachs (GS) partner and Trump administration official Dina Powell have a collective net worth of between $95 million and $196 million.

McCormick last ran for office in 2022, but fell flat during the Republican primary. Another businessman, Dr. Mehmet Oz, emerged victorious before him campaign full of scandal ended with his own defeat at the hands of Democratic Senator John Fetterman.

The Associated Press projected McCormick as the winner of the 2024 Senate race, although Democratic rival and incumbent Senator Bob Casey did not budge. Since Monday afternoonwith 98 percent of ballots counted, McCormick has a 39,650-vote lead over Casey, with 49 percent of the vote to Casey’s 48.43 percent.

Jim Justice

Former West Virginia Gov. Jim Justice is slated to succeed independent Sen. Joe Manchin, who retired in the Senate after soundly defeating his Democratic challenger.

His father ran and later sold his own coal company, Ranger Fuel, for several million dollars. After Justice graduated from college and married his wife, he went to work for his family’s Bluestone Coal and Bluestone Industries, an approximately $25 million coal and corn growing business. The Washington Post reported in 2011.

As of 2019, Justice and his family owned about 100 companies, including the GreenBrier, a 710-room luxury resort that once housed the congressional nuclear shelter, and had a net worth of about $1.5 billion. Justice said that control of these companies was handed over to his children.

Justice and its companies have been late paying their bills and are often tax evasive, Forbes reported in 2019labeling him a “dead billionaire”. He was sued for hundreds of millions of dollars in unpaid fines, judgments and other liabilities, according to The New York Times. His last financial disclosurefiled in July, lists debts of more than millions.

Bernie Moreno

Bernie Moreno, a former car dealer, defeated Ohio Democratic Sen. Sherrod Brown, a key ally of the United Auto Workers union, to join the Senate.

Moreno once owned a sizable car dealership empire, owning at least 15, representing 30 brands in a handful of states. But over the years, Moreno began selling off his dealerships, ending up with a Florida Infiniti Store in 2022.

He also launched a company focused on putting car titles on the blockchain appointed Champion titles alongside company CEO Shane Bigelow as well as Drive optionsa subscription service for vehicles. He has since exited most of his businesses, leaving him with assets between $38 million and $172.7 million, according to financial disclosures.

In August, Moreno identified himself as a manager of two companies developing a Mercedes-Benz (MBGAF) dealer. He told NBC News that he is an investor in that business, which will be run by his son Kevin and located in the Columbus area. Moreno said he would divest his stake in one of the companies, which he listed as an asset, if he won the election.

Tim Sheehy

After leaving his active duty Navy career in 2014, Montana Senator-elect Tim Sheehy founded Bridger Aerospace, an aerospace and firefighting services company based in Belgrade.

The Republican launched Bridger as a sole employee with an aircraft that helps ranchers track their cattle, before expanding to use drone technology to spot fires and for surveillance purposes, according to The Bozeman Daily Chronicle. In 2018, the company became the first to legally fly a drone over a fire, and a year later, its technology was used by the US military against an Iranian drone.

In 2022, Bridger he agreed to go public through a deal with Jack Creek Investment Corp, a so-called blank check company that closed the following year and cost the company nearly $17 million. In September 2023, Bridger’s board member resignedcalling their departure “a result of the operation of the Board’s Audit Committee”.

Sheehy resigned from his CEO post and from the company’s board in July, with Bridger’s chief of staff, Sam Davis, taking over as interim CEO. On Monday, Bridger said he would formally begin the search for a new CEO and that Sheehy’s brother, Matt Sheehy, had resigned from the board to avoid conflict-of-interest allegations.

Bridger record Revenue of $64.5 million for the third quarter, up 20% from a year earlier, and net income of $27.3 million, compared to $17.5 million at the same time in 2023. The company lost $2.7 million between January and September, a better performance in comparison. to the $46.2 million it lost a year earlier, according to regulatory filings.

John Curtis

While Senator-elect John Curtis’ business history isn’t as extensive as some of his fellow House newcomers, it’s not shabby either.

After a string of gigs, including a 10-year stint as regional manager for OC Tanner, the Utah Republican joined Action Target, a custom shooting range and steel target manufacturer. At Action Target, Curtis became part owner and chief operating officer, making a “major realignment of resources,” according to LinkedIn page.

“At any given time, we use about 5 percent of the world’s hardened steel in our factory to build shooting ranges, including a lot of law enforcement and recreational ranges,” Curtis said the Specialty Equipment Market Association in 2021. “We had some very proprietary products, bullet traps and commercial targets. It was really a fun business.”

After selling the business, Curtis ran for mayor of Provo, Utah, where Action Target is headquartered. After two terms as mayor, he joined the House of Representatives in 2017, representing Utah’s third congressional district.

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