Republican David McCormick has won Pennsylvania’s pivotal U.S. Senate seat, as the former CEO of the world’s largest hedge fund beat three-term Democratic Sen. Bob Casey in Tuesday’s election after accusing the incumbent of supporting policies that led to inflation,

Republican Dave McCormick appeared to win a major upset victory in Pennsylvania, beating three-term incumbent Bob Casey, which would give the GOP a key win in the U.S. Senate, where it now holds 53 seats.