Eric Cantor: 'Optimistic for the Future'

Saturday, 14 Jun 2014 06:14 PM

By Todd Beamon

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
House Majority Leader Eric Cantor made his first public appearance since resigning from his leadership post last week, telling about 300 congregants at a synagogue in New York on Saturday that he was "optimistic for the future."

"The true test for all of us is to endure and remember our higher calling, not only as Americans but as Jews," said Cantor, the only Jewish Republican in the House of Representatives.

He spoke about his faith for about 10 minutes at Hampton Synagogue in Westhampton Beach, on Long Island, Newsday reports.

Cantor announced his resignation after his defeat on Tuesday by David Brat, a political novice and economics professor backed by the tea party, in the Virginia Republican primary. He had outspent Brat's campaign nearly 10-1 in the losing effort.

He did not directly mention his loss in his remarks, according to Newsday.

Cantor, who has represented the Richmond area since 2001, later attended a fundraiser that brought in more than $100,000 for another Jewish Republican seeking a House seat, New York state Sen. Lee Zeldin.

The event, with tickets ranging from $500 to $5,200, was held at the estate of Jerry Levin, the former chairman of Revlon, Burger King and Sharper Image, according to Newsday.
Cantor spent about 90 minutes discussing domestic and foreign policy at the event.

Zeldin faces a June 24 GOP primary against George Demos, a former attorney for the Securities and Exchange Commission who also is Jewish, Newsday reports.

Meanwhile, The Hill reported on Saturday that when Cantor leaves Congress, he will leave a wealthy man.

Cantor became about $1.5 million richer last year — and now has a minimum net worth of $5.4 million, according to financial disclosures, the Hill said.

Most of his wealth comes from stocks, retirement accounts, and other investment funds — with one of his top investments being the Domino's pizza chain, the Hill reports.

His wife, Diana, is on Domino’s board of directors, and the company's stock has risen strongly since 2011.

Their Domino's stake was worth at least $1.25 million last year, up about $650,000 from the previous year, according to the Hill.

Diana Cantor is a partner with Alternative Investment Management, a New York-based firm that primarily invests in hedge funds. She also is a board member of Revlon, Universal Corp., and Media General Inc., which owns two Virginia television stations.

In addition, Cantor's wealth rose last year because he paid off a mortgage on rental property in Arlington, Va., that was valued at $250,001 and $500,000, the Hill reports.

The couple also hold mortgages on two "personal residences" — in Arlington and in Glen Allen, Va., which is in Cantor’s district. Those loans deduct about $750,000 from Cantor's minimum net worth, the Hill reports.

Related Stories:

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Doctor: Ebola Risks Higher in Winter, Taxing Quarantine Rules

Thursday, 30 Oct 2014 10:22 AM

The United States will face a greater threat from Ebola this winter, as the epidemic in West Africa turns into a potenti . . .

Morici: Electing a GOP Senate Won't Fix What's Broken

Thursday, 30 Oct 2014 10:20 AM

Voter discontent will give the GOP control of the Senate, but Americans quickly will become as unenamored with a new cas . . .

Calif. Sets 'Flexible' Ebola Quarantine Screening Policy

Thursday, 30 Oct 2014 10:04 AM

California has joined a growing list of states to set its own Ebola quarantine policy, the Los Angeles Times reported.  . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved