Sen. Elizabeth Warren (D-MA) on Wednesday slammed former House Majority Leader Eric Cantor (R-VA) for taking a high-paying job on Wall Street after his devastating primary loss.
“This is wrong,” Warren told Katie Couric about Cantor’s new gig in an interview with Yahoo News. “People work in Washington and, man, they hit that revolving door with a speed that would blind you.”
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.”
