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Senator Dave McCormick Applauds Groundbreaking Investment in Hanwha Philly Shipyard 

PHILADELPHIA, PA — Senator Dave McCormick (R-PA) today applauded Hanwha Group’s historic $5 billion investment in the Hanwha Philly Shipyard and greater Philadelphia area. The $5 billion program will be dedicated to the installation of additional docks and quays to increase capacity. Hanwha is also reviewing the build-out of a new block assembly facility. Through...

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Senators McCormick & Kaine Lead Legislation to Strengthen U.S. Leadership at the Inter-American Development Bank

WASHINGTON, D.C. – Senators Dave McCormick (R-PA) and Tim Kaine (D-VA) today introduced the Strengthening United States Leadership at the Inter-American Development Bank Act, which would bolster key economic partners in the Western Hemisphere, provide more alternatives to Chinese investment, and create opportunities for U.S. companies that will create jobs in the...

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Senators McCormick & Fetterman Introduce Legislation to Target PRC Financial Firms & Protect U.S. Economic Security

WASHINGTON, D.C. — Senator Dave McCormick (R-PA) and Senator John Fetterman (D-PA) today introduced the PRC Broker-Dealers and Investment Advisers Moratorium Act to protect U.S. markets, consumers, and national economic security. This legislation is in response to growing concerns on the unequal regulatory landscape between the United States and the People’s Republic of China (PRC)...

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