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PENNSYLVANIA — While David McCormick bet against jobs in western Pennsylvania, Senator Bob Casey has championed energy workers and energy jobs.
FACT: Senator Casey is a champion for energy jobs and energy workers.
- Senator Casey is endorsed by the United Mine Workers of America for his work supporting coal miners and energy workers.
- Senator Casey passed into law what is now called the Casey Credit, which will incentivize new, high-paying jobs in over 45 counties in Pennsylvania where energy jobs like coal mining have been lost.
FACT: McCormick’s lies about Senator Casey’s position on fracking have been fact checked false. Senator Casey has voted multiple times against fracking bans.
- Politifact: Pennsylvania Sen. Bob Casey has never called for banning fracking
- Senator Casey: “If any administration proposes a fracking ban, not only will I vote against it but I will lead the effort to make sure a ban won’t get started, let alone enacted into law.” [ErieNewsNow, 8/5/24].
FACT: While Bob Casey fought to support Pennsylvanian’s energy industry, McCormick invested in foreign oil companies.
- “McCormick … argued for ‘close ties’ in Saudi Arabia and with Saudi Aramco, the largest oil company owned by the nation’s royal family.” [Erie Times-News, 9/6/24]
- Under McCormick, Bridgewater invested $67 Million in a Chinese state-owned oil And gas company. [Bloomberg Law, 4/12/24]
FACT: McCormick doesn’t care about jobs in Western Pennsylvania, betting against American steel companies while he was a hedge fund CEO.
- CNN: Senate candidate Dave McCormick led hedge fund that bet against some of Pennsylvania’s most iconic companies
- Bridgewater Associates shorted seven American owned steel companies for a combined value of $84 million when McCormick was the firm’s CEO in 2021.
- McCormick pursued a merger as CEO of FreeMarkets that led to 250 layoffs in Pittsburgh.
- WHYY: “FreeMarkets laid off or eliminated […] a grand total of 250 lost local jobs.”
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