Republican Senate candidate David McCormick faces criticism for Bridgewater Associates' investments in Chinese military-linked companies.
David McCormick, a Republican Senate candidate in Pennsylvania and former CEO of Bridgewater Associates, faces criticism for his hedge fund's investments in Chinese companies linked to Beijing's military and surveillance sectors. His opponent, Democratic Sen. Bob Casey, has leveraged this scrutiny amid rising U.S.-China tensions. McCormick defends these investments as necessary for client obligations while focusing his campaign on military service rather than his Wall Street background.
September 15, 2024
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