last year, has become a major issue in the state’s closely watched U.S. Senate race, with both candidates accusing the other of playing a role in fueling the national opioid crisis.
Conversely, publicly available records show that Casey personally owns a very small amount of stock in the same Chinese fentanyl producer he attacked McCormick for investing in while at Bridgewater. Casey’s investment is in a college savings mutual fund for his daughter that the senator doesn’t directly control, and his stake in the company is vanishingly small, at no more than three cents as of June, according to calculations based on the fund’s financial reports.
Casey owns between $15,000 and $50,000 of shares in the Massachusetts College Portfolio mutual fund, according to his Senate personal financial disclosure. That portfolio includes a small stake in an index fund that in turn has a small amount of shares — a fraction of 1% of its holdings ― in Humanwell, the same company McCormick’s firm invested in during his tenure as CEO.Democrat Bob Casey is beating Dave McCormick in Pa.’s Senate race. But the GOP thinks Kamala Harris will drag Casey down.
McCormick is making his second run for office and is far less familiar to voters than Casey, whose father was governor. The longtime incumbent has also emphasized his record on addressing the opioid crisis, such as supporting the FEND Off Fentanyl Act authored by Sen. Tim Scott that targets the international drug trade. In January, Casey, which would add resources for U.S. Customs and Border Protection. The bill is in committee.
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