Government and Politics
April 24, 2024
As CEO of Bridgewater, David McCormick Oversaw the Investment of Tens of Millions in Chinese Military Companies
PENNSYLVANIA — Following David McCormick becoming the GOP Senate nominee, the Pennsylvania Democratic Party is continuing to highlight why Pennsylvanians can’t trust the Connecticut mega-millionaire and hedge fund CEO to be for them.
McCormick’s record of selling out to China is a reminder that Pennsylvanians can’t trust him to prioritize American workers over China and U.S. adversaries.
Read More About David McCormick’s Disastrous Record on China:
David McCormick oversaw the investment of tens of millions in Chinese military companies making malware, missiles, bombers and more.
McCormick increased investments in China by at least 108,000% as CEO of Bridgewater, including companies blacklisted by the U.S. government.
David McCormick profited from China trade policies he helped shape and refused to support Trump’s tariffs on China.
By expanding the presence of U.S. banks and other investment firms in China, McCormick’s work expedited the offshoring of domestic U.S. manufacturing jobs.