In the News
ICYMI: ‘Sen. Rick Scott Says He’s a China Hawk. But He’s Made Lots of Money With China-Related Investments’
Tallahassee, FL — Today, new reporting by Mother Jones revealed Rick Scott’s “long record of supporting Chinese investment in the United States and personally making money off Chinese commerce.”
The article exposes the full extent of Scott’s hypocrisy, and reinforces just how corrupt and self-serving he is. As Florida’s Governor and Senator, Scott has exploited his public office to line his own pockets himself at the expense of Floridians.
Read the full article here. See key excerpts below:
Mother Jones: Sen. Rick Scott Says He’s a China Hawk. But He’s Made Lots of Money With China-Related Investments
By David Corn
4/17/24
– Yet contrary to the image he now eagerly projects as a fierce China hawk looking to ban business with China, Scott, a former health care executive whose firm was fined $1.7 billion for Medicare fraud and who is worth hundreds of million of dollars, has a long record of supporting Chinese investment in the United States and personally making money off Chinese commerce.
– Though Scott now advocates cutting off any US investment in China, he held direct investments in Chinese stock funds in the early 2010s.
– Scott also made a bundle with a plastics company that teamed up with a Chinese firm to manufacture components for automotive vehicles in China.
– More recently, Scott and his wife, Ann Holland Scott, have held a variety of investments with Chinese connections.
– Scott and his wife, according to his disclosure forms, have invested millions of dollars in other financial corporations with major interests in China.
– Yet there’s no public indication that Scott, who has strived to be the Senate’s top China-basher, made efforts to steer clear of China when it came to making money.
– He’s a China hawk whose nest egg grew in part due to the sort of China-related business activity he now seeks to ban.