Sen. Elizabeth Warren (D-MA) tore into former House Majority Leader Eric Cantor on Wednesday during an interview with Yahoo News’ Katie Couric.
Cantor, who resigned from Congress last month after a devastating primary defeat, has taken a job as the vice chairman and managing director at investment bank Moelis.
As Yahoo reports, Warren took Cantor to task for taking that job where he will ultimately earn $3.4 million as part of the package for his new position.
Asked about Cantor’s move in an interview with Yahoo News’ Katie Couric, Warren sighed and sharply criticized the “revolving door” between former politicians and the powerful industries that employ them after they leave office.
“How wrong can this be?” she asked. “Basically what is happening here is that people work in Washington, and man, they hit that revolving door with a speed that would blind you.”
Warren went on to claim that banks hire politicians like Cantor “not because they bring great expertise and insight, but because they’re selling access back into their former colleagues who are still writing policy.”
You can watch the interview, below.
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