A New Report Found McCormick Grew Investments in China by 108,000%, Including in Chinese Companies Blacklisted by the U.S. Government
PENNSYLVANIA — New reporting this week highlights David McCormick’s long record of outsourcing American jobs and selling out to China.
A breaking report from CNN showed McCormick increased investments in China by 108,000% as CEO of Bridgewater, including in companies blacklisted by the U.S. government.
Here’s What to Know About David McCormick’s Disqualifying Record:
- David McCormick increased investments in China by 108,000% as CEO of Bridgewater, including companies blacklisted by the U.S. government.
- McCormick made his fortune by investing in China while cutting jobs here in Pennsylvania.
- 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.
- As CEO of FreeMarkets, McCormick cut jobs in Pittsburgh and opened a new office in China.
- As Treasury Under Secretary for International Affairs in the Bush administration, McCormick said “When China succeeds, the United States succeeds.”
- McCormick: “When China succeeds, the United States succeeds…We owe much of the strength and vitality of our economic relationship today to the remarkable success of China’s economic development over the last three decades …No one here should have any doubt about our admiration for what China has achieved.”
- McCormick opposed initiatives aimed at keeping manufacturing jobs here in America.
- McCormick bragged about his work in China.
- When asked if he regretted any of his investments, McCormick replied that he was actually “blessed” by China.
- McCormick was even attacked by Trump for his history with China.
- At a rally in Pennsylvania, Trump slammed McCormick saying “I do know that he was with a company that managed money for communist China, and he is absolutely the candidate of special interests and globalists and the Washington establishment.”