Tags: elizabeth warren | troubled | obama | wall street | speech

Elizabeth Warren 'Troubled' by Obama's $400K Wall Street Speech

Image: Elizabeth Warren 'Troubled' by Obama's $400K Wall Street Speech

In this March 27, 2017, file photo, U.S. Sen. Elizabeth Warren, D-Mass., addresses business leaders during a New England Council luncheon in Boston. (AP Photo/Steven Senne, File)

By    |   Friday, 28 Apr 2017 03:33 PM

Elizabeth Warren said on a SiriusXM radio program Thursday she is "troubled" by former President Barack Obama’s upcoming $400,000 speech to a Wall Street bank.

Warren’s comments came on "Alter Family Politics" Thursday morning after Neil Cavuto wondered Wednesday on his Fox Business show where the criticism of Obama for addressing Wall Street was.

Obama blasted “fat-cat bankers on Wall Street” when he was in office in 2009, and some Democrats, including Warren, are concerned he is sending mixed messages by accepting the hefty speaking fee.

“The influence of dollars on this place is what scares me,” Warren said on the radio program. “I think it ultimately threatens democracy.”

Warren was on the show to plug her new book, “This is our Fight: The Battle to Save America’s Middle Class,” which hit No. 1 on the New York Times bestseller list.

In the book, she described the influence of money as "a snake that slithers through Washington and that it shows up in so many different ways here in Washington."

Obama has agreed to a $400,000 payout for a speech to investment bank Cantor Fitzgerald in September. Obama’s spokesperson defended the 44th president's plan to give the speech, saying, “With regard to this or any speech involving Wall Street sponsors, I’d just point out that in 2008, Barack Obama raised more money from Wall Street than any candidate in history — and still went on to successfully pass and implement the toughest reforms on Wall Street since FDR,” CNN reported.

Twitter dissected this latest political move from all angles.

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Elizabeth Warren said on a SiriusXM radio program Thursday she is "troubled" by former President Barack Obama’s upcoming $400,000 speech to a Wall Street bank.
elizabeth warren, troubled, obama, wall street, speech
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2017-33-28
Friday, 28 Apr 2017 03:33 PM
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