Democratic Senator Elizabeth Warren says she is “troubled” to hear that Barack Obama accepted a large speaking fee paid for by a Wall Street firm, the Gateway Pundit reports.
During a radio interview Thursday, the Massachusetts senator said “I was troubled by that,” before discussing her disdain for “the influence of money” in Washington DC.
Mr. Obama has accepted a speaking fee of $400,000 from Cantor Fitzgerald LP to be the keynote speaker at a health care conference sponsored by the firm in September.
Obama spokesman Eric Schultz told ABC News that the former president will deliver speeches from time to time, in which some will be paid while some will be unpaid.
While in office, Obama was a critic of Wall Street executives and once described them as “fat-cat bankers” during an interview with CBS’ “60 Minutes” in 2009.
Sen. Elizabeth Warren herself received donations from Wall Street when she collected over $630,000 from individuals linked to the securities and investment industry during the 2011 campaign, according to The Free Beacon.