Obama making big-money speeches to Wall Street firms: report

Former President Barack ObamaBarack Hussein ObamaOvernight Energy: Dems ask Pruitt to justify first-class travel | Obama EPA chief says reg rollback won't stand | Ex-adviser expects Trump to eventually rejoin Paris accord Overnight Regulation: Trump to take steps to ban bump stocks | Trump eases rules on insurance sold outside of ObamaCare | FCC to officially rescind net neutrality Thursday | Obama EPA chief: Reg rollback won't stand Ex-US ambassador: Mueller is the one who is tough on Russia MORE is reportedly giving speeches on Wall Street for hundreds of thousands of dollars.

Obama made approximately $400,000 speaking to clients of Northern Trust Corp. last month, Bloomberg reported Monday. He also spoke with Carlyle Group LP last week and is slated to be a keynote speaker at Cantor Fitzgerald LP’s conference on health care next week.

Obama received criticism earlier this year after it was reported that he would speak at Cantor Fitzgerald’s health conference for a fee of $400,000.

Kevin Lewis, a spokesman for Obama, told the news outlet that the since the end of his White House tenure, the former president has given speeches “true to his values.”

“His paid speeches in part have allowed President Obama to contribute $2 million to Chicago programs offering job training and employment opportunities to low-income youth,” Lewis said.

Obama has not always had a cozy relationship with Wall Street. In 2009, the then-president slammed bankers for their role in the financial crisis. His administration issued a number of new rules and regulations to try and rein in the largest banks, but did not prosecute any CEOs and resisted calls from his party to break up the largest institutions.

Wall Street speeches were a thorn in the side for former Democratic presidential nominee Hillary ClintonHillary Diane Rodham ClintonWoman behind pro-Trump Facebook page denies being influenced by Russians Trump: CNN, MSNBC 'got scammed' into covering Russian-organized rally Pennsylvania Democrats set to win big with new district map MORE during her party’s 2016 primary. Sen. Bernie SandersBernard (Bernie) SandersDems ponder gender politics of 2020 nominee 2020 Dem contenders travel to key primary states After Florida school shooting, vows for change but no clear path forward MORE (I-Vt.) repeatedly criticized Clinton for her relationship with Wall Street firms and railed against speeches she gave after she departed from the Obama administration, where she was secretary of State.