Senator Dave McCormick criticizes Norway fund’s Caterpillar divestment as anti-Israel

David H. Mccormick, U.S. Senator - official website
David H. Mccormick, U.S. Senator - official website
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Senator Dave McCormick, a U.S. Senator from Pennsylvania, shared updates on his social media account on September 5, 2025. His posts included both community engagement activities and commentary on international investment decisions affecting American companies.

In a post at 15:36 UTC, McCormick highlighted his interaction with local residents, stating “Had a great time visiting with constituents at our weekly #KeystoneCoffee! https://t.co/DYmY3MwEul”.

Later that day, at 17:37 UTC, he addressed the recent move by Norway’s sovereign wealth fund to divest from Caterpillar due to its business dealings with the Israeli government. He wrote, “Norway’s sovereign wealth fund is divesting from Caterpillar for doing business with the Israeli government.

This decision is political and driven by an agenda that has consistently targeted American companies and is explicitly anti-Israel. I urge the administration to respond https://t.co/eYwGpHVNc5“. In a subsequent post at the same time, he added “Read more via @J_Insider: https://t.co/CwfnKe5yH6”.

Norway’s Government Pension Fund Global (GPFG), often referred to as Norway’s sovereign wealth fund, is among the largest such funds in the world. It manages assets derived primarily from Norwegian oil revenues and regularly reviews its investments based on ethical guidelines established by the Norwegian parliament. These guidelines have previously led to divestments from various companies over concerns related to human rights or other ethical considerations.

Caterpillar Inc., an American corporation specializing in construction and mining equipment, has faced scrutiny in past years regarding its sales of machinery used in regions experiencing conflict. The issue of foreign funds making investment decisions based on geopolitical considerations remains a point of debate among policymakers and industry observers.



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