REMINDER: PENNSYLVANIA STEELWORKERS CALLED OUT DAVID MCCORMICK FOR BETTING AGAINST AMERICAN STEEL COMPANIES

Pennsylvania Director for the United Steelworkers Bernie Hall Called McCormick’s Actions “Insulting” and “Infuriating”

Pennsylvania steelworkers called out David McCormick for undermining American manufacturing after new reporting revealed he made multi-million dollar bets against U.S. Steel.

Pennsylvania Democratic Party spokesperson TaNisha Cameron issued the following statement:

“David McCormick’s record of betting against American manufacturers while investing in their  overseas competitors makes it clear that he can’t be trusted to put Pennsylvanians first. McCormick made his millions selling out American workers by prioritizing investments with China and outsourcing American jobs and it’s a non-starter for Pennsylvania.”

Keystone Newsroom: Dave McCormick’s hedge fund made bets against American steel companies

  • “I think that Dave McCormick is running to be a typical politician, and in his private life, he’s made money betting against American steel workers and American steel companies,” Bernie Hall, the Pennsylvania Director for the United Steelworkers (USW), said in an interview.
  • Hall, a fourth generation steelworker, said McCormick’s remarks and actions were “insulting” and “infuriating.”
  • He doesn’t really care about US Steel being sold in Nippon. I mean, he’s shown that you don’t have to listen to his words, look at his actions and how he’s made his money over the years,” Hall said.
  • “To have someone so blatantly, obviously pandering for votes at a time when people were so concerned about not just their jobs, but the future of those Mon Valley communities, it’s infuriating.”

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