Former House Majority Leader Eric Cantor (R) plans to join boutique investment bank Moelis & Co. as he embarks on a new career on Wall Street, the Wall Street Journal reports.
“Cantor lost his seat in Congress when he was defeated in a June primary. Rather than continue as majority leader, he stepped down from the post last month.”
Bloomberg says Cantor will be paid at least $3.4 million this year.
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