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David McCormick: “Bridgewater is one of the biggest, most successful…”

Featuring: David McCormick, Republican | U.S. Senate, Pennsylvania

Dave McCormick and Ben Shapiro in Pittsburgh

Published October 29, 2024 | Video Starts at 44:21

I ran this company in Pittsburgh called Free Markets. I went to the government, it was a senior official in the White House. And then I went to this firm called Bridgewater. Bridgewater is one of the biggest, most successful investment firms in the world. And I went there and about 18 months into the job, I was appointed as the co CEO with another guy who was there who was sort of the founder's protege. (44:21–44:26)

CLAIM

Asserts that Bridgewater is a leading and successful investment firm globally.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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David McCormick

“Free Markets created hundreds of jobs, about 600 jobs here in Pittsburgh.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 01:44-01:47
“I was appointed as the co-CEO [of Bridgewater].”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 01:50-01:56
“Many in your generation don't believe in the exceptionalism of America.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 02:52-03:11
“We don't have great schools, we don't have school choice, which would allow us to bring people out of poverty.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 04:16-04:22
“The energy revolution is also great for the environment.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 04:51-04:54
“Casey voted 98% of the time with everything [the Biden, Harris administration] supported.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 05:11-05:17
“Inflation is like a 20% tax that all of us are paying right now.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 05:25-05:29
“Antisemitism was very pervasive on many college campuses [on October 7th].”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 07:14-07:30
“Our universities really have embedded in them antisemitism, which has to be addressed.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 07:52-08:05
“It's a violation of campus policy, [and] a violation of existing policies here at University of Pittsburgh and at University of…”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 08:34-08:39
“It's a violation of the laws and regulations in Pittsburgh and Philadelphia.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 08:39-08:46
“America is in trouble, spiritually, economically, or adversaries around the world testing us.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 10:02-10:09
“Skyrocketing inflation, a wide open border, a fentanyl crisis, a War on fossil fuels crime... affects us all independent of party.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 11:49-12:04
“We are a nation of immigrants, and we can't lose that.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 14:53-14:56
“I've been [to the border] more than the border czar or Senator Casey.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 15:36-15:42
“The wall stops, and 300 yards away is a storage area where you have steel that's stacked.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 16:01-16:09
“It was all stopped on day one of the Biden administration.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 16:11-16:15
“200 [people] apprehended last year that were on the terrorist watch list.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 17:05-17:09
“28,000 that were convicted murderers or rapists that were knowingly released into our country.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 17:17-17:25
“Fentanyl has killed 4,000 Pennsylvanians last year and 116,000 Americans.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 17:24-17:35
“Almost 80% of the time, the kids that took it didn't know they were ingesting fentanyl.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 17:58-18:05
“We need to secure our border in a way that stops this dramatic inflow of illegal immigrants.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 18:48-18:52
“We need to identify the cartels as terrorist organizations.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 18:51-18:56
“We need to use our military selectively to go across the border, take out the manufacturing facilities for fentanyl.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 18:56-19:03
“It's grown dramatically under Biden, Harris and Casey because the borders been wide open.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 19:46-19:52
“The withdrawal from Afghanistan was feckless and incompetent, resulting in the loss of 13 men and women.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 21:44-22:14
“We withdrew from Bagram Air Force Base and gave the Taliban and ultimately the Chinese tens of billions of dollars of military equipment.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 21:52-22:01
“We lost our intelligence capability, which was focused on Pakistan, which has real risk from terrorist elements within that society.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 22:00-22:11
“Putin's invasion of Ukraine was a direct reaction to the failure in Afghanistan.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 22:30-22:36
“Iran, which we've enabled with $100 billion of sanctions that we had held over Iran and we gave them back.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 24:01-24:09
“Hamas that attacked Israel on October 7 was funded in part by Iran.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 24:08-24:15
“China is far and away the most formidable adversary.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 24:32-24:37
“Bob Casey has been in office for 18 years, has not done a single thing on China.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 25:29-25:35
“I believe that climate change is a real thing and I believe manmade activity contributes to it.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 26:36-26:43
“Our natural gas reserves in Pennsylvania are the fourth largest natural gas reserves in the world.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 27:26-27:33
“The reason carbon emissions in America have declined by something like 15% over the last decade is because of the fracking revolution.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 27:35-27:45
“The Biden administration and Bob Casey supports every step away is completely backwards on [natural gas production].”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 28:23-28:27
“They've hurt our national security by constraining natural gas production.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 28:27-28:32
“They've hurt our environment because natural gas is the key to reducing global carbon emissions.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 28:31-28:37
“They've hurt jobs Here in Pennsylvania.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 28:36-28:39
“They made us more dependent by a lot on China, because the lithium batteries and the solar panels we need for the green revolution here at…”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 28:56-29:06
“We have lithium here. We just can't get out of the ground because of the environmental radicals.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 29:06-29:10
“Bob Casey's proposing price controls.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 33:20-33:23
“In 1979, 80% of Americans, just like today, thought the country was heading the wrong direction.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 34:20-34:27
“We had inflation that was 18%.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 34:30-34:35
“We had the biggest defense buildup in history that ended the Cold War and destroyed communism six years later without firing a shot.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 34:55-35:03
“Reagan was running on mourning in America and it was right.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 35:03-35:08
“Four years, four years the entire American story turned around because of the right ideas and the right leadership.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 35:07-35:15
“I became the CEO [of Bridgewater] three years later and then was the CEO for the next six years.”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 45:06-45:11
“This is certainly the most important [election] in my lifetime because I think the future, two very stark differences between a future under…”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 50:52-51:02
“That is the America that we love, the America that we've known, the America that's given us all the blessings we've had, and we wish it for…”
Dave McCormick and Ben Shapiro in Pittsburgh | Uploaded October 29, 2024 | 51:23-51:32