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

Former President Barack ObamaBarack Hussein ObamaThe Memo: Centrists change tone of Democratic race Political purity tests are for losers Deportations lower under Trump administration than Obama: report 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.

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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 ClintonDemocrats ask judge for quick ruling on McGahn subpoena Hillary Clinton: 'Every day Stephen Miller remains in the White House is an emergency' The Memo: Centrists change tone of Democratic race MORE during her party’s 2016 primary. Sen. Bernie SandersBernie Sanders2020 Dems slam Trump decision on West Bank settlements Sanders doubles down on Bolivia 'coup,' few follow suit Overnight Health Care: GOP senator says drug price action unlikely this year | House panel weighs ban on flavored e-cigs | New York sues Juul 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.