TPM Livewire

Warren Rips Cantor For Running To Wall Street

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AP Photo / Michael Dwyer

The former majority leader took a new job as a vice chairman and board member at Moelis & Co., where he will be paid $3.4 million over the next two years.

Warren said that banks hire former politicians "not because they bring great expertise and insight, but because they’re selling access back into their former colleagues who are still writing policy."