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 this expansion, Hanwha aims to […]
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 United States. “We must reassert […]
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) that expose U.S. financial markets […]
Senator Dave McCormick Touts Bipartisan ROAD to Housing Act
WASHINGTON, D.C. — At today’s Senate Banking, Housing, and Urban Affairs Committee markup of the bipartisan ROAD to Housing Act, Senator Dave McCormick (R-PA) emphasized how the legislation successfully addresses the housing affordability crisis, expands affordable housing by increasing supply, and strengthens oversight and accountability. The bill was approved unanimously by the Banking Committee. “The affordable housing crisis […]
Senator Dave McCormick & HUD Secretary Scott Turner Address Homeownership, Workforce Training, & Community Development in Pittsburgh
PITTSBURGH, PA — Senator Dave McCormick (R-PA) and U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner yesterday toured critical community investment and revitalization programs in Pittsburgh with stops at United States Steel Corporation, Bedford Dwellings, and Light of Light Rescue Mission. “It was great spending the day in Pittsburgh with Secretary Turner and […]
Maiden Speech by U.S. Senator David H. McCormick (R-PA)
July 24, 2025 Remarks as prepared for delivery Mr. President, I am honored to rise here on the Senate floor for the first time. Each time I enter the Senate chamber, I’m humbled to walk in the footsteps of the Pennsylvanians who came before me—from Founding Father Robert Morris to Simon Cameron, from Joseph Clark […]
FACT SHEET: MORE THAN $90 BILLION IN INVESTMENTS ANNOUNCED AT SENATOR MCCORMICK’S PENNSYLVANIA ENERGY AND INNOVATION SUMMIT
Pittsburgh, PA – Top executives in energy and AI, leading global investors, key representatives in labor and trade, and top government officials have joined Senator Dave McCormick and President Donald J. Trump at the inaugural Pennsylvania Energy and Innovation Summit in Pittsburgh on Tuesday, July 15, 2025. At this first-of-its-kind summit, companies announced over $90 […]
Senator Dave McCormick and President Donald J. Trump to Announce Record-Setting $90 Billion in Energy and Innovation Investments for Pennsylvania
Pittsburgh, PA, July 15, 2025 – In an historic announcement today at the inaugural Pennsylvania Energy and Innovation Summit, Senator Dave McCormick (R-PA) will be joined by President Donald J. Trump to showcase more than $90 billion in private-sector investments that will create tens of thousands of jobs and position Pennsylvania as a leading hub […]
Senator Dave McCormick Statement on Senate Passage of the One Big Beautiful Bill Act
WASHINGTON, D.C., July 1, 2025 — Senator Dave McCormick (R-PA) issued the following statement after the Senate passed the One Big Beautiful Bill Act: “I am proud to support this bill because it would deliver continued tax relief to millions of Pennsylvania families and prevent the largest tax increase in American history. This bill also delivers on many […]
Senators Dave McCormick, Catherine Cortez Masto Introduce China Exchange Rate Legislation
Washington, D.C., June 24, 2025 — Senators Dave McCormick (R-PA) and Catherine Cortez Masto (D-NV) today introduced the China Exchange Rate Transparency (CERT) Act, which would advocate for enhanced transparency in China’s exchange rate arrangements at the International Monetary Fund (IMF). “China’s currency manipulation and secrecy are further examples of the CCP putting American businesses at a disadvantage in […]