Joe Torsella concedes to Republican Stacy Garrity in race for treasury seat (Capital-Star screen capture.)
After nearly a week of election results trickling in, on Tuesday, Democratic state Treasurer Joseph Torsella conceded the race to his Republican opponent, Stacy Garrity.
Torsella made the announcement on the Friends of Torsella Youtube page.
“Like anyone who runs for elected office, Torsella said, “I really wanted to win my race.”
“It’s hard to lose,” Torsella admitted to his supporters, “it’s especially heartbreaking when it looks like it’s going to be by such a tiny margin.”
As of Tuesday afternoon, Torsella trailed Garrity by a little more than 75,000 votes, according to unofficial tallies.
In addition to being known for running one of the state government’s most humorous social media accounts, Torsella was known for divesting from Wall Street firms and his tough stance on private equity running Pennsylvania’s pension fund.
What is some content you always wanted to see from us? We will either do it, or, more likely, we will not do it. #PATreasuryWeWillEitherDoItOrMoreLikelyNotDoItChallenge.
— Pennsylvania Treasury (@PATreasury) November 10, 2020
Garrity’s win means that Republicans will control two of the three row office seats, with only Attorney General Josh Shapiro remaining.
NEWS: In a video, Pa. State Treasurer Joe Torsella, a Democrat, has conceeded to Republican candidate Stacy Garrity. His loss means the GOP will hold two of three state row offices after Democratic control of all three since 2012. https://t.co/kaxHop9kQC
— Stephen Caruso (@StephenJ_Caruso) November 10, 2020
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