Elections
China hawk Dave McCormick invested in Chinese companies that produce weapons of war
Pennsylvania Senate candidate Dave McCormick invested millions in Chinese weapons manufacturers, despite the former hedge fund CEO constantly warning about the national security threat that the Asian superpower poses.
According to a report from Bloomberg Government, McCormick directed millions of dollars to Chinese companies while he was the CEO of the Bridgewater Associates hedge fund. These companies were later sanctioned by both former President Donald Trump and President Joe Biden due to the invasive nature of the surveillance technology being developed. These sanctions barred Americans from publicly trading in stocks for these companies.
As a Republican political candidate, McCormick has routinely espoused anti-China rhetoric and advocated for an economic decoupling between the U.S. and China. McCormick’s campaign website also has a section labeled “Ending China’s Free Rein,” which says that his opponent Sen. Bob Casey (D) has “gotten China wrong for more than two decades.”