Senator McCormick supports Hanwha Group's $5 billion investment in Philly Shipyard, enhancing capacity and creating jobs.
Quiver AI Summary
Senator Dave McCormick (R-PA) praised Hanwha Group’s $5 billion investment in the Hanwha Philly Shipyard, aimed at enhancing the shipyard's capacity by adding docks and facilities. This initiative targets increasing production from fewer than two vessels annually to up to 20 and is projected to create over 5,000 skilled jobs in the region.
McCormick highlighted the importance of the investment for local workers and the economy, calling it a “gamechanger” for Philadelphia. Hanwha's Vice Chairman, DK Kim, emphasized their commitment to supporting American shipbuilding alongside McCormick's advocacy for job creation and national security.
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David McCormick Net Worth
Quiver Quantitative estimates that David McCormick is worth $176.6M, as of August 27th, 2025. This is the 10th highest net worth in Congress, per our live estimates.
McCormick has approximately $9.9M invested in publicly traded assets which Quiver is able to track live.
You can track David McCormick's net worth on Quiver Quantitative's politician page for McCormick.
David McCormick Bill Proposals
Here are some bills which have recently been proposed by David McCormick:
- S.2626: Strengthening United States Leadership at the IDB Act
- S.2552: PRC Broker-Dealers and Investment Advisers Moratorium Act
- S.2146: China Exchange Rate Transparency Act of 2025
- S.2044: Office of Fossil Energy and Carbon Management Relocation Act of 2025
- S.1900: Taiwan Non-Discrimination Act of 2025
- S.1808: Access to Small Business Investor Capital Act
You can track bills proposed by David McCormick on Quiver Quantitative's politician page for McCormick.
David McCormick Fundraising
David McCormick recently disclosed $0 of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 1178th most from all Q2 reports we have seen this year. nan% came from individual donors.
McCormick disclosed $4.1K of spending. This was the 1078th most from all Q2 reports we have seen from politicians so far this year.
McCormick disclosed $12.3K of cash on hand at the end of the filing period. This was the 1113th most from all Q2 reports we have seen this year.
You can see the disclosure here, or track David McCormick's fundraising on Quiver Quantitative.
