News

FACT CHECK: David McCormick Invested Millions in Website Where Holocaust Denial has “Found a Home” 

Back to News

PENNSYLVANIA – Connecticut hedge fund CEO and mega-millionaire David McCormick owns up to $5 million in Rumble, a social media website that platforms Holocaust denial and antisemitism. He has made at least $100,000 on those investments, refused to pull the investments, when asked why he did it, he said  “to get more money.” 

David McCormick Invested in Rumble, a Site That Uplifts Antisemitism: 

  • Pittsburgh Jewish Chronicle: Dave McCormick’s Rumble stake draws fire amid hate speech concerns.
  • KDKA: McCormick has invested up to $5 million in the social media platform Rumble and has made at least $100,000 on his investment.
  • Associated Press: Rumble is a “haven for disinformation and extremism” that “has been criticized for allowing— and at times promoting — far-right extremism, bigotry, election disinformation and conspiracy theories.” 
  • Rolling Stone: Rumble hosts “pro-Nazi content.”
  • Anti-Defamation League: Holocaust denial has “found a home” on Rumble. 
  • McCormick, when asked about his Rumble investments on Jewish Exponent Podcast: “Well, behind any investment is the expectation that if you put money in, you’re hopefully going to get more money out.” [Jewish Exponent, 7/3/24]

Senator Casey Has Fought Antisemitism and Hate:

  • Senator Casey has a long record of supporting Israel on the world stage and fighting against antisemitism. 
  • WESA: Casey reaffirms support for antisemitism awareness bill while in Pittsburgh.

###