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Casey tied to Chinese firm he claimed McCormick-led company invested in to 'profit' off fentanyl crisis

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Casey tied to Chinese firm he claimed McCormick-led company invested in to 'profit' off fentanyl crisis

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Pennsylvania Sen. Bob Casey is invested, through several mutual funds, in the same Chinese fentanyl manufacturer that he recently claimed a company that was led by Republican candidate Dave McCormick was “profiting off people’s pain” by investing in.

The senator’s campaign claimed McCormick “saw a way to get even richer” in the fentanyl crisis, in an ad released earlier this month slamming the company he led, Bridgewater Associates, for investing in Humanwell. The ad connected the Chinese company to deaths from fentanyl occurring in Pennsylvania, noting that “nearly all” fentanyl starts in China. 

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However, Casey, through his investments, owns shares in a mutual fund that owns stock in the Chinese company as well, according to publicly available financial disclosures. 

Through his ownership of shares in a college savings plan, which is invested in the Massachusetts College Portfolio, a mutual fund managed by Fidelity, Casey is invested in Humanwell. But, his ultimate stake in the company is minimal. 

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Sen. Bob Casey was revealed to own stock in the same Chinese company that he attacked his opponent for investing in. (Getty Images)

Maddy McDaniel, a spokesperson for the Pennsylvania Democrat’s campaign, told Fox News Digital in a statement, “David McCormick will say anything to try and cover up how he sold out Pennsylvanians for profit, but the facts are clear: he directly invested millions in Chinese fentanyl and profited off Pennsylvanians’ pain. David McCormick decided to invest in a Chinese fentanyl company and Bob Casey never did.”

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As of 2021, Bridgewater Associates had a nearly $1.7 million investment in Humanwell across seven different hedge funds, according to publicly available records with the Department of Labor (DOL). McCormick was CEO of Bridgewater from 2020 to 2022.

“With his ad, Bob Casey has put his own hypocrisy and lies on display, and it’s proof of why Pennsylvanians are so tired of career politicians,” McCormick said in a statement to Fox News Digital. “Casey has had 18 years to secure our border and prevent fentanyl from killing 100,000 Americans last year alone – under his weakness, this crisis has worsened beyond imagination.”

Casey is also invested through mutual funds in Jiangsu Nhwa Pharmaceutical and Sinopharm Group, which are similarly involved in the manufacturing and wholesale of Chinese narcotics, respectively. 

‘FEEL BETRAYED’: TOP CONSERVATIVE GROUP BLASTS VULNERABLE DEMS ON INFLATION IN MULTIMILLION-DOLLAR AD BLITZ’: 

Bundles of blue pills containing fentanyl intercepted at the border. (U.S. Customs and Border Protection)

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Humanwell, as a pharmaceutical manufacturing company, produces medical-grade opiates. It is not one of the Chinese companies that has been singled out by the U.S. as a producer of lethal fentanyl precursor chemicals that are transported illegally through the southern border. 

According to the Drug Enforcement Administration (DEA), “illicit fentanyl, primarily manufactured in foreign clandestine labs and smuggled into the United States through Mexico, is being distributed across the country and sold on the illegal drug market.” 

Overdose deaths due to synthetic opioids have risen substantially, with the primary cause being illicitly manufactured fentanyl, per the DEA. 

BLINKEN PRESSURED TO FREEZE AFGHANISTAN AID AFTER REVELATION NEARLY $300M COULD HAVE GONE TO TALIBAN

McCormick accused Casey of lying about him and slammed the Democrat for failing to stop fentanyl trafficking over the border. (Getty Images)

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Pennsylvania is shaping up to be one of the most important states in the 2024 election, potentially deciding the presidential race and which party will control the Senate. And one particularly pressing issue in the state is the rapid increase in overdose deaths and substance abuse. 

In 2022, Pennsylvania had the 14th-highest drug overdose death rate in the country. There were a total of 5,169 deaths from drug overdoses, per the Centers for Disease Control and Prevention (CDC). 

‘NEVER HEARD OF HIM’: HARRIS VP PICK WALZ HAS LITTLE NOTORIETY AMONG TRUMP-VANCE VOTERS IN PA

A map shows which states have higher rates of overdose deaths. (Centers for Disease Control and Prevention)

Following Casey’s ad hitting McCormick on investing in Humanwell, the Pennsylvania Republican cut his own ad, claiming, “Bob Casey is lying about me.”

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“I never made any investments in the makers of illegal fentanyl, ever,” he said. “Bob Casey is too weak to close the border and too weak to tell the truth.”

Casey’s Pennsylvania Senate seat is considered “Lean Democratic” in the 2024 election, according to nonpartisan political handicapper the Cook Political Report. In a recent poll by the New York Times and Siena College, Casey led McCormick 51% to 37% among likely voters and 50% to 36% among registered voters. 

Get the latest updates from the 2024 campaign trail, exclusive interviews and more at our Fox News Digital election hub

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Boston, MA

Expect a brilliant blue sky for Monday with cooler readings. Enjoy it, because the heat returns this week. – The Boston Globe

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Expect a brilliant blue sky for Monday with cooler readings. Enjoy it, because the heat returns this week. – The Boston Globe


A frontal system will push south of the region overnight, allowing for a brief cooldown in our New England weather on Monday before another stretch of heat this week. Overall, it’s going to be dry and significantly warmer than average. I would say that the temperatures are the bigger issue, with very warm conditions expected.

Temperatures on Monday will be in the ideal range, generally in the mid-70s. Dew points will be comfortable, and there won’t be much wind, although at times it may rustle the leaves a bit.

Winds will be noticeable at times on Monday, but will be held below 20 mph for most areas.Boston Globe
Highs across Southern New England will be coolest by the coast on Monday.Boston Globe

Monday night brings some beautiful weather with temperatures in the 50s, maybe even in the upper 40s in the cooler spots. Boston is likely to stay around 60. Certainly great sleeping weather all-around.

As high pressure pushes off the Atlantic Seaboard and the flow of warmer air returns, temperatures will quickly respond, and it’s back to approaching the upper 80s to even near 90 practically every day this week — and it could be even warmer this weekend. It’s worth remembering that an official heat wave is three days in a row of 90-degree weather. It remains to be seen if any parts of Southern New England sees a heat wave, but it’s definitely a possibility. It’s also worth noting that 90 is just random; some days at 87 degrees can certainly feel worse than a 90-degree day, so the theme here is to prepare for warmer and more humid weather this week.

The forecast across Boston for the next seven days.Boston Globe

The drought conditions are almost not worth talking about because until we have a significant shift in the weather pattern, we will continue with a drought for most areas. It may worsen, it may get a little bit better, but we’re definitely in the time of the year where rainfall is more sporadic. The best thing is to remember to water plants and lawns early in the morning, follow any town water bans or restrictions, and avoid planting in the heat.

Our next chance of precipitation comes late Wednesday.

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Showers will return to New England on Wednesday evening.Boston Globe

Greater Boston: Sunny skies both Monday and Tuesday, with temperatures Monday in the mid-70s and Tuesday in the upper 80s.

Central/Western Mass.: Look for brilliant blue skies on Monday with temperatures in the 70s. It’s 83 to 88 on Tuesday with more sunshine.

Southeastern Mass.: Temperatures will be in the mid- to upper 70s on Monday, along with plenty of sunshine. It’ll be in the low to perhaps mid-80s away from the ocean on Tuesday with more sunny skies.

Cape Cod and the islands: Two picture perfect days are on the way with lots of sunshine. Readings will be in the 70s on Monday and approaching 80 on Tuesday except 60s on Nantucket.

Rhode Island: Sunshine on Monday and Tuesday. It’ll be in the 70s on Monday and 80s on Tuesday.

New Hampshire: With readings in the 70s, it’ll be very comfortable on Monday, but heating up to the mid-80s on Tuesday with more sunshine.

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Pittsburg, PA

‘Nonsense’: Country singer hits back with real reason why show was cancelled

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‘Nonsense’: Country singer hits back with real reason why show was cancelled


Morgan Wallen has made plenty of headlines in recent days, but he’s been forced to speak out about “nonsense” rumours after cancelling a recent show. 

The singer, 33, addressed why he cancelled his Pittsburgh show over the weekend on his Instagram stories on Sunday, days after his mid-performance meltdown. 

Country singer Morgan Wallen has hit back at the ‘nonsense’ surrounding his recently cancelled show in Pittsburgh due to wind.  Instagram/@morganwallen

“This morning, my team walked on the bus and told me they had been consulting with local officials and that I should cancel my show in Pittsburgh tonight and I said, ‘Why?’” the country singer explained. 

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“They said that there was going to be strong winds in the area, and I said, ‘OK.’ So, that is what I did in that moment, and I trusted my team.” 

Wallen said that he was aware that the forecasted winds hadn’t hit Pittsburg, but had hit nearby areas in Pennsylvania, which was a big reason why they made the call to cancel. 

“The truth of the matter is, I have a large stage that, in those conditions, could become fatal to a lot of folks around it. So, I did the best I could with the information I had in that moment,” he continued. 

Wallen then hit back at rumours that have been swirling around because he wanted to clear the air. 

“I’ve been seeing a lot of nonsense about me that is simply not true, and I just wanted to clear the air,” he continued. 

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“I think my true fans know that that’s not how I operate in general, but I had to say it.”

Wallen’s video came hours after it was announced that the second Pittsburgh show of his Still The Problem Tour was cancelled. 

“After talking with local officials and my team, there is no choice but to cancel tonight’s show due to severe adverse weather conditions expected throughout the rest of the day and night,” he wrote online. 

“Safety for my fans and crew is the highest priority.” 

Wallen added that refunds would also be available for ticket holders. 

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Morgan Wallen

The singer’s stadium tour will continue until August 1.  Getty

But fans were not impressed and plenty of people slammed him for cancelling the show, even though the weather had reportedly cleared before he would have hit the stage. 

Wallen made headlines earlier this month after an on-stage meltdown when he experienced issues with his piano on stage, flipping it and breaking it in front of the audience. 

Morgan Wallen flipping piano

The country singer was mid-song when the piano malfunctioned, so he pushed it, flipping it.  Instagram/@countrycentral

He was performing the hit Sand In My Boots when the tech issue started and decided to push it over. 

The audience gasped as the piano seemingly broke, before the singer walked off and continued the song a cappella.





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Connecticut

Person shot in New Haven; injuries not believed life-threatening, police say

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Person shot in New Haven; injuries not believed life-threatening, police say


In a post on X, New Haven Police Department said officers were out with a shooting victim in the area of Orchard and Charles streets at 6:43 p.m.

Police said the victim’s injuries do not appear to be life-threatening.

New Haven police Officer Christian Bruckhart said the scene was still active as of 6:45 p.m.

This is a developing story and will be updated.

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