PHILLY LEADERS KICK OFF “PANTS ON FIRE” TOUR TORCHING DAVID MCCORMICK’S DISHONEST RECORD 

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PENNSYLVANIA — Today, state Senators Sharif Street and Vincent Hughes joined Philadelphia City Councilmembers Rue Landau, Mike Driscoll, and Jim Harrity to kick off the Pants on Fire tour calling out David McCormick’s dishonest record.

They highlighted McCormick’s lies about where he lives and where he’s from, his anti-choice agenda including support for an abortion ban with no exceptions for rape or incest, and his record of investments in China.

“We can’t trust a guy who has spent his whole time as a hedge fund guy trying to shift investments overseas,” said Pennsylvania Democratic Party Chair Senator Sharif Street. “He doesn’t care about Pennsylvanians. He doesn’t live in Pennsylvania.”

“David McCormick supports a dangerous anti-choice agenda that would take away women’s right to make decisions about their own bodies,” said state Senator Vincent Hughes. “He said he would be ‘very, very happy’ about Roe v. Wade being overturned and celebrated when it was. Pennsylvania women can’t trust him to protect their reproductive rights.”

“Women’s reproductive healthcare decisions belong between them and their doctor,” said Philadelphia Councilmember Rue Landau. “David McCormick thinks politicians should get in the way by supporting dangerous abortion bans that threaten women’s access to reproductive care.”

“Pennsylvania workers cannot trust David McCormick and his long record of killing American jobs and shipping them overseas,” said Philadelphia Councilmember Mike Driscoll. “He has consistently put his own bottom line ahead of Pennsylvania workers.”

“David McCormick has a disastrous record of investments in China,” said Philadelphia Councilmember Jim Harrity. “We can’t trust someone who is willing to put profits ahead of Pennsylvanians by investing in China’s largest fentanyl producer the same year more than 4,000 Pennsylvanians died from fentanyl overdoses or pump money into blacklisted Chinese military companies.”

Here’s What to Know About David McCormick:

David McCormick is a Connecticut hedge fund executive who lied about where he lives and the details of his life.

  • AP: David McCormick is lying about living in Pennsylvania.
    • “‘I live in Pennsylvania,’ McCormick said” […] “In reality, he’s living in a $16 million mansion in Westport on Connecticut’s “Gold Coast.” 

David McCormick supports an abortion ban with no exceptions for rape or incest. 

  • When asked directly in a 2022 debate whether he believed there should be exceptions for abortion in the cases of rape, incest, or life of the mother, McCormick responded only “in the very rare instances there should be exceptions for the life of the mother.”
  • McCormick said he would be “very, very happy” about Roe being overturned.

David McCormick helped grow China’s military.

  • As CEO of Bridgewater, McCormick also increased investments in China by 108,000%, including in blacklisted Chinese companies with ties to the Chinese military. 

As CEO of the world’s largest hedge fund, David McCormick invested in the biggest fentanyl producer in China.

  • The same year McCormick made millions from these investments, fentanyl killed more than 4,000 Pennsylvanians and fentanyl seizures in Pennsylvania increased by 346%.

David McCormick has a long record of killing and outsourcing American jobs. 

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