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Bob Casey to highlight McCormick’s Chinese fentanyl investments on upcoming road trip

By Sean Kitchen

July 26, 2024

US Sen. Bob Casey is set to launch the third leg of his On Our Side Road Trip and will tell voters about Dave McCormick’s investments in China’s largest fentanyl producer. 

With a little more than 100 days until Election Day, US Sen. Bob Casey (D-PA) announced the third leg of his On Our Side Road Trip and will highlight his work fighting greedflation and shrinkflation and the devastating impacts the fentanyl epidemic has had on communities across the commonwealth. 

Casey is running for reelection against his Republican challenger and former Connecticut based hedge fund manager, Dave McCormick, in November. 

“In 100 days, Pennsylvanians will have the choice between Senator Casey, an effective, bipartisan leader in Senator who is lowering costs and fighting fentanyl, and his opponent David McCormick, a Connecticut hedge fund mega-millionaire who invested millions in China’s largest producer of fentanyl and has enriched himself at the expense of working people at every turn,” Tiernan Donohue, Casey’s campaign manager, said in a statement.

“As he hits the road again, Senator Casey will meet voters where they are and remind them of the clear contrast in this election.”

The Keystone recently reported that Bridgewater Associates, one of the world’s largest hedge funds, invested more than $1.7 million in China’s largest fentanyl producer while McCormick was the CEO of the company. 

McCormick has campaigned on promising to ban Chinese produced fentanyl, calling it a “terrorist threat” and an “insidious attack on America.”

Casey went after McCormick’s opioid investments during a recent interview with NPR’s Morning Edition

I’ve got an opponent, who, when he was a hedge fund manager, actually invested millions in China’s largest producer of fentanyl,” Casey said. “So, that’s going to be a big issue in this race because we’ve lost too many Pennsylvanians to the poison of fentanyl.”

The Pennsylvania State Police reported that over 4,700 Pennsylvanians passed away due to fentanyl overdoses in 2022 and states that rural communities are more likely to be impacted by the drug than urban communities. 

Democrats across Pennsylvania are keeping the pressure on McCormick’s opioid investments and promise to highlight it until Election Day. 

“It is beyond disqualifying that David McCormick has profited from investments in China’s largest fentanyl producer while Pennsylvanians suffered,” Philadelphia City Councilmember Jim Harrity said in a statement.

“David McCormick must answer to Philadelphians and Pennsylvanians on his record of putting his profits ahead of our communities.”

Author

  • Sean Kitchen

    Sean Kitchen is the Keystone’s political correspondent, based in Harrisburg. Sean is originally from Philadelphia and spent five years working as a writer and researcher for Pennsylvania Spotlight.

CATEGORIES: NATIONAL POLITICS

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