McCormick Opposed the Bipartisan Foreign Aid Package to Back Ukraine in the Fight Against Russia
PENNSYLVANIA — In a recent interview on the John Fredericks show, David McCormick came out against a bipartisan foreign aid package that would provide critical funding to America’s allies, including Ukraine, Israel, and Taiwan. Meanwhile, McCormick has sold himself out to America’s adversaries, investing billions of dollars in the Chinese and Saudi Arabian governments as CEO of Bridgewater.
Pennsylvania Democratic Party spokesperson TaNisha Cameron issued the following statement:
“David McCormick sold himself out to America’s adversaries at the expense of Pennsylvanians. When it comes time to stand up for our allies against Russia and China, McCormick has shown once again that he is only out for himself and his bottom line.”
Listen to the full quote HERE:
John Fredericks: “If you’re in the Senate, Dave, would you vote for [the bipartisan foreign aid package] as it was presented last night? Yes or no, and why?”
McCormick: “No, not as it was presented last night.”
David McCormick’s Long Record of Selling Out to America’s Adversaries:
- As CEO of Bridgewater, McCormick managed billions of dollars for the Chinese government, making the firm one of the largest foreign money managers in China.
- McCormick increased investments in China by 108,000% as CEO of Bridgewater, including companies blacklisted by the U.S. government.
- McCormick increased investments in China from $1.6 million to over $1.77 billion in less than five years.
- McCormick invested in blacklisted Chinese companies with ties to human rights violations and the Chinese military.
- McCormick has also faced scrutiny for managing money for the Saudi sovereign wealth fund.
- David McCormick has deep ties to the Saudi government’s sovereign wealth fund and even pressured his hedge fund to demonstrate “loyalty” to the Saudis after the murder of Jamal Khashoggi.
- McCormick and his financier wife have a “web of relationships” with the Saudis that pose an “ethical challenge.”
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