Eric Cantor Takes Job on Wall Street

Former majority leader joins investment bank Moelis & Co.
By Matt Cantor,  Newser User
Posted Sep 2, 2014 11:15 AM CDT
In this June 11, 2014, file photo, then House Majority Leader Eric Cantor, R-Va., speaks at the Capitol in Washington.   (AP Photo/J. Scott Applewhite, File)

(Newser) – Following his exit from the House, Eric Cantor has a job on Wall Street. He'll be the vice chairman and managing director of investment bank Moelis & Co, NPR reports, and he'll also serve on its board. "When I considered options for the next chapter of my career, I knew I wanted to join a firm with a great entrepreneurial spirit that focused on its clients," Cantor says in a press release, applauding a "more intimate" approach to banking at what the Washington Post calls a "boutique" company. Moelis is headquartered in New York City, but Cantor will be opening an office in Washington, the Wall Street Journal reports. Cantor was involved in real estate before entering Congress, the Post notes.

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