Obama makes $400K for speech at A&E event: report

Obama makes $400K for speech at A&E event: report
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Former President Barack ObamaBarack ObamaHealthcare saga shaping GOP approach to tax bill Is a wave election forming for Democrats? Voting advocates notch win at Supreme Court MORE reportedly made $400,000 for an appearance and interview last week at an A&E Networks advertising event.

The former president was interviewed at The Pierre Hotel in Midtown Manhattan by presidential historian Doris Kearns Goodwin, The New York Post reported. The “History Makers” event, which lasted 90 minutes, was conducted in front of the cable network's advertisers and hosted by A&E chief Nancy Dubac.

During the event, the former president was asked what he missed most about the White House and how he dealt with frustrating moments when he was president.

“For starters, by not having a Twitter account,” Obama reportedly quipped in response.

A source who attended told the Post that Obama said he missed sitting on the Truman Balcony of the White House in the summer and looking upon the Washington Monument and Lincoln Memorial.

He also told the audience about his transition back into civilian life, saying he still hasn’t driven a car and is learning how to use the coffee machine in his new D.C. home.

Obama has faced criticism recently, after a report that he agreed to speak at a Wall Street firm's healthcare conference for $400,000.

He will appear at the Cantor Fitzgerald LP conference in September.

Sen. Elizabeth WarrenElizabeth WarrenWhy Congress needs to reform structured settlements Biden fuels 2020 speculation Dem lawmaker: Trump's federal crime 'staring all of us in the face' MORE (D-Mass.) last week said she was "troubled" by the speaking fee the former president is reportedly receiving for that appearance. 

Sen. Bernie SandersBernie SandersSenate votes to confirm US ambassador to China Overnight Finance: What to expect from Trump budget | Plan calls for 0M in Medicaid cuts | Senate confirms ambassador to China | Roadblocks ahead for infrastructure plan Want to identify as pro-life? Then support authentically pro-life policies MORE (I-Vt.) also expressed disappointment in the former president's decision.

"I think at a time when people are so frustrated with the power of Wall Street and the big-money interests, I think it is unfortunate that President Obama is doing this," Sanders said last week.

"Wall Street has incredible power, and I would have hoped that the president would not have given a speech like this," he added.

A spokesman for Obama rejected the idea that Wall Street would sway Obama, pointing to the financial reforms implemented during his time in office.

"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 [former President Franklin Delano Roosevelt]," Eric Schultz said in a statement.