PhotoWASHINGTON — Former President Barack Obama has agreed to accept $400,000 to speak at a health care conference this year sponsored by Cantor Fitzgerald, a Wall Street investment bank. A spokesman for Mr. Obama declined to comment on the speech. Out of office for about three months, Mr. Obama has begun the process of cashing in. A $400,000 speaking fee for addressing the Cantor Fitzgerald conference is a sharp increase from the amounts typically paid to his predecessors. He also pushed for the Dodd-Frank law that regulated Wall Street.

Source: New York Times April 26, 2017 13:41 UTC