Sen. Bernie Sanders on Friday joins Sen. Elizabeth Warren in condemning Barack Obama’s acceptance of a $400,000 fee to speak at a health conference sponsored by a Wall Street investment bank in September, calling it “distasteful.”
In an interview with CNN’s Suzanne Malveaux, Sanders said Obama’s action is “not a good idea” and said he was sorry the former president made that choice.
During the Democratic presidential primaries, Sanders often railed against Hillary Clinton for accepting money from Goldman Sachs in exchange for giving speeches.
The Daily Caller reports:
Obama’s representatives confirmed earlier this week that the Democrat has agreed to appear at a health care conference hosted by Wall Street investment bank Cantor Fitzgerald in September. The massive payout matches Obama’s entire annual presidential salary. It is also roughly seven times the median American household annual income.
Liberals and conservatives alike have criticized Obama’s plan, pointing to his criticism in 2009 about Wall Street “fat cats.”
Sanders’ comments echoed those of Massachusetts Sen. Elizabeth Warren who on Thursday said that she was “troubled” by the hefty sum Obama will receive for his appearance.
When asked during an interview with “CBS This Morning” Friday if Sanders would deliver a speech if Wall Street offered him $400,000, he said “I don’t want Wall Street’s money.”
“But I must tell you, I really don’t have to worry about that too much,” he continued. “I haven’t gotten too many invitations from Wall Street.”