David McCormick's Hedge Fund Background: A Hindrance in Pennsylvania's Senate Contest

Reported 24 days ago

David McCormick, the Republican nominee for the U.S. Senate in Pennsylvania, faces backlash for his previous role as CEO of Bridgewater Associates—one of the world's largest hedge funds—during a campaign where his ties to investments in Chinese companies have become a target for opponents. Senator Bob Casey has highlighted McCormick's investments in firms linked to China’s military, framing them as a betrayal of American interests, while McCormick navigates the political landscape by downplaying his hedge fund experience and emphasizing his military service and other achievements.

Source: YAHOO

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