Recently defeated House Majority Leader Eric Cantor is joining an investment bank, where he will get rich advising corporate clients on deals. Meanwhile, enrollment in the food stamp program, for which Cantor voted to cut funding, is down. So everyone is doing well. Read more...
The former House Majority Leader will get $3.4 million in his first 16 months at new employer Moelis
Former GOP House Majority Leader Eric Cantor, who suffered a stunning primary defeat this summer at the hands of an unknown Tea Party candidate, has joined Wall Street. And the teabaggers are screaming, "Told you so." Kevin Broughton,...Show More Summary
To no one's real surprise, former House Majority Leader Eric Cantor announced today that because his years representing Virginia's 7th district in Congress had so infused him with the desire to serve others, he'll be spending his post-congressional...Show More Summary
Eric Cantor may have lost his job as House Majority Leader but he’s gained employment with the Wall Street firm Moelis & Co., the firm announced on Tuesday. The firm will be based in the New York office of the global company and will soon open an office in Washington. Politico reports: “Eric has proven [...]
So it sounds like his life won't change much! Which is a big part of the problem in Washington, isn't it? Either way, people like Cantor are working for Wall Street: Former House Majority Leader Eric Cantor (R-VA), who resigned last month after losing renomination to an underfunded college professor, spent much of his 13-plus years in the U.S. Show More Summary
Eric Cantor waves bye-bye to Congress, hello to cash. Once Eric Cantor lost his primary, the question became not whether he would cash in, but when, how, and for how much. Now we have answers. The former House majority leader will become...Show More Summary
Throughout his political career, former House Majority Leader Eric Cantor was closely tied to Wall Street bankers. Cantor helped the financial industry in Congress, and Wall Street executives returned the favor by flocking to his many fundraisers for Republican candidates. Show More Summary
The former House majority leader and longtime opponent of financial regulation is now an investment banker
Former House Majority Leader Eric Cantor is joining investment bank Moelis & Co. as vice chairman and managing director. Mr. Cantor, who had a surprising loss to David Brat in Virginia's June... To view the full story, click the title link.
Eric Cantor, who suffered a surprising electoral defeat this year, will be joining Moelis & Company as vice chairman and a director on its board.
Former House Majority Leader Eric Cantor (R-VA), who was ousted in an historic upset by tea party challenger Dave Brat this summer, has signed on to the investment firm Moelis & Co, a job he accepted at minimum wage so he could understand the plight of the American worker.
Late last night it was reported that former House Majority Leader Eric Cantor would take a job at investment bank Moelis. The news has already prompted the predictable eye-rolling about the "revolving door." And to the Tea Partiers that...Show More Summary
Good morning, and welcome to September! Here's what you need to know. 1. Cantor Goes To Wall Street. Former U.S. House Majority Leader Eric Cantor will join investment bank Moelis & Co as vice chairman and managing director, Reuters reports. Show More Summary
Alex Wong/Getty ImagesEric Cantor stepped down from his No. 2 position in the Republican-controlled House of Representatives in August. By Arnab Sen Former House Majority Leader Eric Cantor will join investment bank Moelis & Co. as vice...Show More Summary
On Tuesday, boutique Wall Street investment bank Moelis and Co. announced a new hire: recently defeated House Majority leader Eric Cantor (R-Va.). Cantor, 51, will be vice chairman, board member, and a managing director based in New York City, but he will soon open an office in Washington, D.C. Show More Summary
Former House Majority Leader Eric Cantor's primary election loss this summer to a little-known Tea Party challenger was a shock. But the reasons given for the loss were not. After the history-making, 12-point loss, the usual rhetoric made the rounds. Show More Summary
Paul Waldman, Washington Post: Over the course of this primary season, the Tea Party has been able to claim only one significant victory, unseating House Majority Leader Eric Cantor. From that, you might conclude that that the Tea Party is waning, beaten back by a Republican establishment determined to rid itself of this meddlesome faction. Show More Summary
The summer parlor game from Wall Street to K Street to Meadow Lane in the Hamptons is guessing where the former U.S. House majority leader will work after decamping from Congress. It’s easy to imagine how a recruiter might try to put his experience to good – and lucrative – use.
RICHMOND, Va. (AP) — After a stunning primary election loss, former Majority Leader Eric Cantor said Friday that he will resign his seat in the House of Representatives months earlier than expected.