NEW AD: As a Government Official, David McCormick Changed the Rules on Investing in China — Then Enriched Himself
Watch Bob Casey’s Ad “Long Before” Here
HuffPost: Pennsylvania Republican profited from China trade policies he helped shape
PENNSYLVANIA — Ahead of the second Pennsylvania Senate debate, Senator Bob Casey released “Long Before,” a new ad highlighting David McCormick’s record of changing the rules on investments in China while working in government — then using those rules to enrich himself as a hedge fund CEO.
Long before McCormick made millions while investing in Chinese military companies making missiles and bombers, he worked in the Bush administration to rewrite the rules to make it easier for hedge funds like his to invest in China. McCormick even admitted his investments exposed the U.S. to “moral and patriotic hazards.”
Read a transcript of “Long Before” Below.
VO: After investing in Chinese missiles and bombers, Dave McCormick admitted he exposed the U.S. to moral and patriotic hazards.
But his betrayal of America began long before that. As a government official McCormick changed the rules to allow U.S. money to flow into China.
Then, as CEO of Wall Street’s largest hedge fund, McCormick exploited the rules he wrote — investing big in China’s military.
Dave McCormick — can’t trust him to be for us.
Bob Casey: I’m Bob Casey and I approve this message.
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