Norway Wealth Fund Divestment Draws GOP Senator McCormick’s Ire

Dave McCormick

Photographer: David Paul Morris/Bloomberg

Senator Dave McCormick, an ally of President Donald Trump, urged the White House to consider tariffs and restricting Norway’s access to US markets in response to the Norwegian sovereign wealth fund’s decision to divest from Texas-based Caterpillar Inc.

The Pennsylvania Republican said the administration should have “all options on the table” when deciding how to respond, including sanctioning visas for those who are involved in decisions that negatively affect American companies.