Former House Majority Leader Eric Cantor has landed a post-congressional gig on Wall Street.
Cantor plans to join boutique investment firm Moelis & Co. this week as a vice chairman and board member, the Wall Street Journal reported Tuesday. The former congressman also plans to open a new office for the firm in Washington.
Cantor’s compensation was unknown.
After suffering a stunning primary defeat at the hands of little-known economics professor David Brat in June, Cantor gave up his leadership position and resigned from Congress last month.
This post has been updated.
Isn’t this why he deliberately lost his election?
In other words Cantor has the exact same job as he had before. The only difference is he and is making a lot more money.
I’m shocked, shocked
Not me! I’m stunned.
Good news for Bobby Van’s Steak House and BLT Steak.