NEW YORK CITY, September 9, 2014 – In an interview with Yahoo Global News’ Anchor Katie Couric, Senator Elizabeth Warren (D- Mass.) lambasted former House Majority Leader Eric Cantor’s new position at Wall Street investment banking firm Moelis & Co., yet refused to criticize fellow Democrat, Hillary Clinton’s, own ties to big business as harshly.
The Senator claimed that former Washington politicians who head to these kinds of firms once leaving office are not being hired because they bring great expertise and insight, but because they’re “selling access back in to their former colleagues who are still writing policy”. “This ultimately infects whatever it is that they’re doing, and I just think this is wrong,” Warren went on to tell Couric.
However, when asked specifically if she thought Hillary Clinton was too cozy with Wall Street the Senator retreated to generalities and refused to chastise a member of her own party with the same severeness she leveled at Cantor.
Clinton’s ties to big business are well known. The financial sector was Clinton’s second largest donor in her 2008 campaign. Since leaving office the former Senator has been paid millions of dollars in speaking fees from firms such as J.P. Morgan and Goldman Sachs. You can watch Warren’s full interview here: