Who owns eric cantor

Cantor, a Virginia Republican, lost his seat in Congress when he was defeated in a June primary. Rather than continue as majority leader, he stepped down from the post last month. At Moelis, Mr. Cantor will help the firm, which was formed in and has offices overseas, compete for business and advise corporate and investor clients on takeovers and other deals. Moelis said he is hiring Mr. Cantor for his "judgment and experience" and ability to open doors—and not just for help navigating regulatory and political waters in Washington.

Still, expertise in such matters is likely to be valuable given how heavily they can weigh on the minds of corporate executives contemplating deals. Cantor was defeated in the primary by a little-known, underfunded college professor in one of the most surprising political upsets in recent memory.

Cantor was widely viewed as the favorite to succeed John Boehner as House Speaker when the Ohio Republican steps aside. Cantor has long been seen as a liaison of sorts between the GOP and Wall Street, which also has been a big campaign contributor.

Big donors to the former congressman include investment bank Goldman Sachs Group Inc. During his congressional tenure, Mr. Cantor cultivated close ties with the heads of several large companies, including in the financial sector. Moelis was an executive, and toward a newer crop of smaller investment banks that pitch themselves as independent of the conflicts of interest that can arise at larger institutions competing in multiple lines of business.

Moelis and Cantor, who have known each other for more than three years, began discussing the possibility of working together shortly before July Fourth, Mr.

Cantor said. Cantor planned to place his pay in escrow for the duration of the shutdown. The amendment was adopted by the House on June 6, , with a vote of - The purpose of the amendment as stated on the official text is to "prohibit the use of funds to finalize, implement, administer, or enforce the Morton Memos. Cantor supported all attempts to repeal or delay the implementation of the Patient Protection and Affordable Care Act. Cantor blasted the decision in December that would allow people who lost their health care as a result of the ACA to purchase catastrophic insurance policies no matter their age.

Cantor said, "Our entire health care system can't be fundamentally changed at any given time subject to the random impulses of President Obama. The White House actions clearly prove ObamaCare can't work as designed. It's time for ObamaCare to be delayed for all. The resolution passed the House on June 18, , with a vote of - The purpose of the bill was to ban abortions that would take place 20 or more weeks after fertilization.

Cantor voted against the fiscal cliff compromise bill, which made permanent most of the Bush tax cuts originally passed in and while also raising tax rates on the highest income levels. He was 1 of Republicans that voted against the bill. The bill was passed in the House by a - vote on January 1, Cantor began abstaining from earmarks in , but he was joined by four other Republican U.

In March , House Republicans passed a year-long ban on all earmarking. This meant all Republicans were to abstain from approving money within appropriations bills aimed for specific programs, states or localities. Republicans announced another moratorium for fiscal year Although Cantor had previously said there should be "zero-tolerance" for ethics violations within the Republican Party, a statement made by an aide suggested a softer stance following Representative Trey Radel 's arrest and guilty plea for cocaine possession.

Cantor's aide said Cantor was "glad he is seeking treatment and encourages him in his recovery. This is clearly a difficult time for him and his family. Eric Cantor endorsed Mitt Romney in the presidential election. Cantor ran in the election for the U. House to represent Virginia's 7th District. Cantor was defeated by David Brat in the Republican primary on June 10, An unprecedented loss by Cantor gave him the dubious distinction of being the first-ever sitting House Majority Leader to lose a primary bid.

House into a leadership scramble. Cantor faced heat from Virginia Republicans. In May , Cantor was booed at the 7th District's Republican convention. This was his third contested primary race in his eight congressional elections. In , Cantor won his first primary election by a margin of victory of only 0. In , he easily sailed to the general election with a Ironically, Cantor, who stepped down as House Majority Leader, may have fallen victim to an anti-incumbent movement that he helped fund in the election cycle.

Kinzinger won. Increased voter turnout in the Republican primary may have resulted in Cantor's defeat. In , 47, votes were cast compared to 65, votes in the June 10, , primary, an increase of Despite the tea party's high profile primaries in and , Cantor was the highest-ranking Republican to lose a primary election since the movement's rise.

He was also the first majority leader in history to lose a primary bid. Virginia has an open primary process, in which registered voters do not have to be members of a party to vote in that party's primary.

With the Democrats in the 7th District having already nominated their candidate at a convention on June 7, they were free to vote in the Republican primary. Cantor's first television ad of the primary, "Decision," began airing Wednesday, April Cantor also released a similar radio ad. Cantor's second ad, "Advisor," attacked, David Brat , by trying "to tie Brat to tax hikes proposed under then Democratic Gov.

Tim Kaine. Cantor won re-election. Wayne Powell D in the general election on November 6, He defeated Rick E. Waugh, Jr. D and Floyd C. Bayne G in the general election. He defeated Anita Hartke D in the general election. He defeated James M. Nachman D and W. Brad Blanton I in the general election. He defeated W. Brad Blanton independent in the general election.

He defeated Ben L. He defeated Warren A. Stewart D in the general election. The finance data shown here comes from the disclosures required of candidates and parties. Depending on the election or state, this may not represent all the funds spent on their behalf.

Satellite spending groups may or may not have expended funds related to the candidate or politician on whose page you are reading this disclaimer, and campaign finance data from elections may be incomplete. For elections to federal offices, complete data can be found at the FEC website. Click here for more on federal campaign finance law and here for more on state campaign finance law.

Candidates for Congress were required to file up to seven main reports with the Federal Election Commission during the elections season. Below are Cantor's reports. Cantor won re-election to the U. House in The Personal Gain Index U. Congress is a two-part measurement that illustrates the extent to which members of the U. Congress have prospered during their tenure as public servants. It consists of two different metrics:. Based on congressional financial disclosure forms and calculations made available by OpenSecrets.

Cantor ranked as the 47th most wealthy representative in Between and , the average annual percentage increase for a member of Congress was In June , it was announced that she was elected to the board of the cosmetics company Revlon. Based on an analysis of bill sponsorship by GovTrack , Cantor was a " moderate Republican leader ," as of July 2, The website OpenCongress tracks the voting records of each member to determine with whom he or she voted most and least often.

The results include a member from each party. According to the website GovTrack, Cantor missed of 8, roll call votes from January to April This amounts to 4. The website Legistorm compiles staff salary information for members of Congress. Overall, Virginia ranked 29th in average salary for representative staff.

The average U. Each year National Journal publishes an analysis of how liberally or conservatively each member of Congress voted in the previous year. Cantor was one of two members who ranked 66th in the conservative rankings in Cantor ranked 73rd in the conservative rankings in Moelis, whose headquarters are now in New York, went public last year.

Cantor becomes the latest official to cash in on Wall Street after working in Washington. Last year, former Treasury Secretary Timothy F. Geithner joined private equity firm Warburg Pincus. Cantor was first elected to the House from a Richmond, Va. A strong business advocate, he rose through the leadership ranks and became majority leader when Republicans took control of the House after the elections.

But Cantor became the first congressional leader in a generation to lose his seat in an election when he was upset in the GOP primary by Dave Brat, who had strong backing from the tea party. A local college professor, Brat criticized Cantor for working on immigration reform and drew strong support from tea party supporters unhappy that House Republican leaders were not more forcefully opposing President Obama. With no chance of winning reelection in November, Cantor stepped down as majority leader and was replaced by Rep.

Kevin McCarthy R-Bakersfield. Cantor left Congress on Aug.