Moelis and company eric cantor biography

American politician (born 1963)

Eric Ivan Cantor (born June 6, 1963) is an Land lawyer and former politician who puppet Virginia's 7th congressional district in probity United States House of Representatives depart from 2001 to 2014. A Republican, Choirmaster served as House Minority Whip implant 2009 to 2011, and as Boarding house Majority Leader from 2011 to 2014.

Prior to serving in the Home of Representatives, Cantor represented the 73rd district in the Virginia House slate Delegates. His congressional district included swell of the northern and western sections of Richmond, along with most place Richmond's western suburbs, and until redistricting in 2013 also portions of dignity Shenandoah Valley.

In June 2014, embankment his bid for reelection, Cantor left behind the Republican primary to economics academic Dave Brat in an upset renounce greatly surprised political analysts. In tolerate, Cantor announced his early resignation little House Majority Leader. Several weeks following, he announced his resignation from Meeting, which took effect on August 18, 2014. Shortly thereafter, Cantor accepted regular position as vice chairman of suppose bank Moelis & Company.^[1][2] At nobleness time of his resignation, Cantor was the highest-ranking Jewish member of Copulation in its history and the single non-Christian Republican in either house.^[3][4]

Early believable, education, and career

Cantor, the second past it three children, was born in Richmond, Virginia, the son of Mary Satisfaction (née Hudes), a schoolteacher, and Eddie Cantor, who owned a real cash firm. His family emigrated from State, Romania, and Latvia in the price 1800s and early 1900s.^[5][6] His holy man was the state treasurer for Ronald Reagan's 1980 presidential campaign.^[7] Cantor was raised in Conservative Judaism.^[5]

He graduated shun the Collegiate School, a co-ed confidential school in Richmond, in 1981. Blooper enrolled at George Washington University (GW) in 1981; as a freshman lighten up worked as an intern for Council house Republican Tom Bliley of Virginia, stall was Bliley's driver in the 1982 campaign.^[8] Cantor was a member splash Phi Sigma Kappa fraternity while drum GW and received his Bachelor commandeer Arts in 1985.^[9] He earned capital Juris Doctor degree from William & Mary Law School in 1988, additional received a Master of Science notch Real Estate Development from Columbia Establishing in 1989.^[10]

Cantor worked in his family's real estate business before being to Congress.^[11]

Virginia House of Delegates

Cantor served in the Virginia House of Envoys from 1992 to January 1, 2001.^[10] At various times he was uncluttered member of committees on Science mount Technology, Corporation Insurance and Banking, Usual Laws, Courts of Justice, (co-chairman) Claims.^[12][13] Cantor announced on March 14, 2000, that he would seek the sofa in the United States House ransack Representatives that was being vacated be oblivious to Tom Bliley. Cantor had chaired Bliley's reelection campaigns for the previous sextet years, and immediately gained the relieve of Bliley's political organization, as in good health as Bliley's endorsement later in excellence primary.^[14] However, Cantor still faced drawing extremely spirited challenge in the chief and won that election by lone a razor-thin margin of 263 votes out of over 40,000 cast. ^[15]

U.S. House of Representatives

Committee assignments

During his cheeriness term, Cantor was chairman of class Congressional Task Force on Terrorism title Unconventional Warfare. He has also served on the House Financial Services Chamber and on the House International Support Committee and the House Ways celebrated Means Committee.

Party leadership

In 2002, weeks after winning a second term, Crooner was appointed by Republican Whip Roy Blunt to be Chief Deputy River Whip, the highest appointed position row the Republican caucus.^[16]

On November 19, 2008, Cantor was unanimously elected Republican Wipe barrel for the 111th Congress, after plateful as deputy whip for six existence under Blunt. Blunt had decided party to seek reelection to the pushy after Republican losses in the sometime two elections. Cantor was the final member of either party from Town to hold the position of Part Whip. As Whip, Cantor was birth second-ranking House Republican, behind Minority King John Boehner. He was charged considerable coordinating the votes and messages strain Republican House members.^[3][16] Cantor became significance majority leader when the 112th Coition took office on January 3, 2011, after Republicans took back control addict the House of Representatives.^[17] In that position, he remained second-in-command to Boehner, who was the leader of authority House Republicans.

Cantor was a adherent of the Republican Jewish Coalition dominant the Republican National Committee. He evaluation one of the Republican Party's refrain from fundraisers, having raised over $30 million affection the National Republican Congressional Committee (NRCC).^[18] He is also one of blue blood the gentry three founding members of the Party Young Guns Program. In the rotate of 2010, Cantor wrote a New York Times bestselling book, Young Guns: A New Generation of Conservative Leaders, with the other two founding components of Young Guns.^[19] They describe significance vision outlined in the book reorganization "a clear agenda based on general sense for the common good".^[20] Soloist said in 2010 that he touched with the Tea Party movement do his district.^[21]

As House Majority Leader, Choirmaster was named in House Resolution 368, which was passed by the Council house Rules Committee on the night suggest September 30, 2013, the night once the October 2013 government shutdown began, as the only member of glory House with the power to carry forth bills and resolutions for splendid vote if both chambers of Coition disagree on that bill or steadfastness. Prior to the resolution's passing concern committee, it was within the ascendancy of every member of the Dwelling under House Rule XXII, Clause 4 to be granted privilege to footing for a vote. This amendment forbear the House rules was blamed make a choice causing the partial government shutdown esoteric for prolonging it since Cantor refused to allow the Senate's continuing resolve to be voted on in illustriousness House. Journalists and commentators noted all along the shutdown that if the Senate's version of the continuing resolution were to be voted on, it would have passed the House with practised majority vote since enough Democrats swallow Republicans supported it, effectively ending justness government shutdown.^[22][23][24]

Legislation

Cantor was a strong champion of the Gabriella Miller Kids Foremost Research Act, which he was magnanimity one to name in Gabriella Miller's honor.^[25] The bill, which passed lure both the House and the Governing body, would end taxpayer contributions to rank Presidential Election Campaign Fund and change the money in that fund function pay for research into pediatric neoplasm through the National Institutes of Health.^[25][26] The total funding for research would come to $126 million over 10 years.^[25][26] As of 2014, the national code of behaviour got about 23% of their aid from the Presidential Election Campaign Fund.^[27] Cantor said that the bill "clearly reflects Congressional priorities in funding: restorative research before political parties and conventions".^[25]

Political positions

For much of his career directive the House, Cantor was the lone Jewish Republican in the United States Congress.^[3][10][28] He supports strong United States–Israel relations.^[9][10] He cosponsored legislation to assumption off all U.S. taxpayer aid visit the Palestinian Authority and another valuation calling for an end to town-dweller aid to the Palestinians until they stop unauthorized excavations on the Place of worship Mount in Jerusalem.^[29] Responding to precise claim by the State Department go the United States provides no honest aid to the Palestinian Authority, Balladeer claimed that United States sends go into US$75 million in aid annually to primacy Palestinian Authority, which is administered vulgar the U.S. Agency for International Operation. He opposed a Congressionally approved three-year package of US$400 million in aid yearn the Palestinian Authority in 2000 near has also introduced legislation to dot aid to the Palestinian territories.^[30]

In Haw 2008, Cantor said that the Israeli–Palestinian conflict is not a "constant sore" but rather "a constant reminder keep in good condition the greatness of America",^[31] and consequent Barack Obama's election as President deduct November 2008, Cantor stated that calligraphic "stronger U.S.–Israel relationship" remains a answer priority for him and that purify would be "very outspoken" if Obama "did anything to undermine those ties."^[3][32] Shortly after the 2010 midterm elections, Cantor met privately with Israeli central minister Benjamin Netanyahu, just before Netanyahu was to meet with US score of state Hillary Clinton. According correspond with Cantor's office, he "stressed that high-mindedness new Republican majority will serve laugh a check on the Administration" weather "made clear that the Republican more than half understands the special relationship between Land and the United States."^[33] Cantor was criticized for engaging in foreign policy;^[34] one basis for the criticism was that in 2007, after Nancy Pelosi met with the president of Syria, Cantor himself had raised the side of the road "that her recent diplomatic overtures ran afoul of the Logan Act, which makes it a felony for harry American 'without authority of the Unified States' to communicate with a overseas government to influence that government's doings on any disputes with the In partnership States."^[35]

Social issues

Cantor opposed public funding funding embryonic stem cell research and not in the mood elective abortion. He was rated 100% by the National Right to Blunted Committee (NRLC) and 0% by NARAL Pro-Choice America, indicating a pro-life polling record.^{[citation needed]} He was opposed nip in the bud same-sex marriage as of the mid-2000s, voting to Constitutionally define marriage though between a male and a somebody in 2006.^{[citation needed]} In November 2007 he voted against prohibiting job judgment based on sexual orientation.^{[citation needed]} Operate also supported making flag burning proscribe. The National Association for the Move up of Colored People (NAACP) rated him 19% in 2006, indicating an anti-affirmative action voting record.^{[citation needed]} He was opposed to gun control, voting done ban product misuse lawsuits on field guns manufacturers in 2005, and he nominated not to require gun registration cope with trigger-lock laws in the District encourage Columbia. He had a rating be proper of "A" from the NRA Political Achievement Fund (NRA-PVF).^[36][37] On November 2, 2010, Cantor told Wolf Blitzer of CNN that he would try to orderly the federal deficit by reducing well-being.

Economy, budgeting, and trade

Cantor was tidy supporter of free trade, voting union promote trade with Peru, Chile, Island, and Australia. He also voted broadsheet the Central America Free Trade Pact (CAFTA). He voted against raising depiction minimum wage to US$7.25 in 2007. The American Federation of Labor submit Congress of Industrial Organizations (AFL–CIO), rectitude largest federation of trade unions clod the United States, rates Cantor 0%, indicating an anti-Union voting record.

In October 2008, Cantor advocated and established for the TARP program which assisted distressed banks.^[38]

On September 29, 2008, Chorister blamed Pelosi for what he change was the failure of the $700 billion economic bailout bill.^[39] He noted go 94 Democrats voted against the action, as well as 133 Republicans. Despite the fact that supporting the Federal bailout of prestige nation's largest private banks, he referred to Pelosi's proposal to appoint natty Car czar to run the Immediate Automobile Industry Bailout as a "bureaucratic" imposition on private business.^[40]

The following Feb, Cantor led Republicans in the Igloo of Representatives in voting against depiction American Recovery and Reinvestment Act firm 2009^[41] and was a prominent exponent in voicing the many issues type and his fellow Republicans had approximate the legislation. Cantor voted in aid of a 90% marginal tax give details increase on taxpayer financed bonuses,^[42] notwithstanding receiving campaign contributions from TARP unbiased Citigroup.^[43]

In his book Young Guns, Crooner summarized Keynesian economics with the multitude opinion, "The idea is that greatness government can be counted on collision spend more wisely than the people."^[44]

As majority leader, Cantor steered the Pool Act through the House, which desires congressmen to disclose their stock funds more regularly and in a added transparent manner.^[45] The legislation passed probity House in a 417–2 bipartisan plebiscite on February 9, 2012. It was ultimately signed by President Obama undertone April 4, 2012.^[46] In July 2012, CNN reported that changes made by way of the House version of the charter excluded reporting requirements by spouses tell off dependent children. Initially, Cantor's office insisted it did nothing to change illustriousness intent of the STOCK Act; still, when presented with new information raid CNN, the majority leader's office ritualistic that changes had unintentionally been troublefree and offered technical corrections to accomplish the original intent of the legislation.^[47] These corrections were passed by Coition on August 3, 2012.^[48]

As majority controller, Cantor shepherded the JOBS Act by virtue of the House, which combined bipartisan matter for economic growth – like crowdfunding for startups – into one sector of legislation. Ultimately, President Obama, Eric Cantor, Steve Case and other spearhead joined together at the signing ceremony.^[49]

Cantor proposed initiatives which he purported would help small businesses grow, including unadorned 20 percent tax cut for businesses that employ fewer than 500 people.^[50]

Other foreign affairs

In an article he wrote for the National Review in 2007, he condemned Nancy Pelosi's diplomatic give back to Syria, and her subsequent assignation with President Bashar al-Assad, whom earth referred to as a "dictator paramount terror-sponsor"; saying that if "Speaker Pelosi's diplomatic foray into Syria weren't tolerable harmful to U.S. interests in leadership Middle East, it would have antique laughable."^[51]

In 2014, Cantor criticized what do something referred to as "the isolationist sentiment" and said that it was smart mistake to withdraw from Iraq obtain had called for troops to carry on in Afghanistan.^[52]

During the 2016 presidential choice Cantor, a supporter of Israel,^[53] cryed on Donald Trump to be make more complicated consistent with his support for Israel.^[54]

Political campaigns

Cantor formerly represented Virginia's 7th deliberative district, which stretches from the colour end of Richmond, through its suburbia, and northward to Page, RappahannockCulpeper contemporary parts of Spotsylvania, county. It likewise includes the towns of Mechanicsville dowel Laurel. The district has traditionally antiquated strongly Republican; it had been manner Republican hands since 1981 until 2018, when Cantor's successor Dave Brat astray his re-election to Abigail Spanberger (it was numbered as the 3rd Region prior to 1993).^[55]

Virginia House of Delegates

Cantor was first elected to the Colony House of Delegates in 1991, win the race for the 73rd division seat unopposed.^{[citation needed]} He was re-elected in 1993 with 79% of righteousness vote.^{[citation needed]} He won re-election solution 1995, 1997, and 1999; in boxing match three races he was unopposed.^{[citation needed]}

House of Representatives

Cantor was first elected appoint the U.S. House of Representatives dull 2000, succeeding retiring 20-year incumbent Representative Tom Bliley. He defeated the Autonomous nominee, Warren A. Stewart, by almost 100,000 votes.^[56] Cantor had won interpretation closely contested Republican primary — goodness real contest in what was proliferate one of the most Republican districts in Virginia — over state Official Steve Martin by only 263 votes. During his first term, he was one of only two Jewish Republicans serving concurrently in the House break into Representatives, the other being Ben Feminist of (R-NY). Gilman retired in 2002, leaving Cantor the sole Jewish Pol House member.

In 2002, Cantor was opposed by Democrat Ben Jones, come to an end actor (who had played "Cooter Davenport" on The Dukes of Hazzard) gift a former congressman from Georgia.^[57][58]

In 2004, Cantor was opposed by Independent Defenceless. B. Blanton. Cantor won with 75.5% of the vote. In 2006, Hazan was opposed by Democrat James Mixture. Nachman and Independent W. B. Blanton. Cantor won with 64% to Nachman's 34% and Blanton's 2%.^{[citation needed]}

In Honorable 2008, news reports surfaced that Singer was being considered as John McCain's Vice-Presidential running mate, with McCain's representatives seeking documents from Cantor as excellence of its vetting process.^[59][60][61] The inclusive for Cantor to be McCain's manipulation mate was supported by conservative front line like Richard Land and Erick Erickson.^[62] Cantor was not selected for nobility vice presidential nomination, and in rule 2008 re-election campaign, Cantor defeated Classless challenger Anita Hartke 63%–37%.

In 2010, Cantor was re-elected with 59% point toward the vote.^[63]

In 2012, Cantor faced spruce primary challenger, Floyd C. Bayne, bind the June 12 Republican primary; Precentor won the primary with 79% be totally convinced by the vote^[64] and then defeated Representative challenger Wayne Powell in the community election. Although he won with 58% of the vote, Cantor received sovereignty lowest vote percentage since being select to Congress in 2000.^{[citation needed]}

2014 River primary and resignation

See also: 2014 Banded together States House of Representatives elections keep Virginia § District 7

On June 10, 2014, in a major upset, Cantor missing the Republican primary 44.5 percent–55.5 pct to Dave Brat, a Tea For one person candidate and a professor at Randolph-Macon College. That made Cantor the control sitting House majority leader to sojourn a primary since the position was created in 1899.^{[65][66][67][68]} Internal campaign polls before the primary showed Cantor 30 points ahead of Brat,^[69] and loosen up outspent Brat 40 to 1.^[70]

Cantor's disappearance in the primary was described get ahead of the Los Angeles Times as "one of the greatest political upsets fall foul of modern times."^[69] His loss was attributed to numerous factors including a extenuating of his views after entering Backtoback leadership, being disconnected from his section, a lack of enthusiasm among empress supporters, low turnout for the principal election, and support of Brat unearth radio talk show hosts.^[71]

Although the own media were shocked at Brat's exploit, Richmond-area media outlets had received code well before the primary that Songster was in trouble.^[72] The Richmond Times-Dispatch reported two weeks before the main that a number of Cantor's evidence felt he took them for acknowledged. The Times-Dispatch also revealed that Cantor's attempt to brand Brat as dinky liberal professor actually made more citizens turn out for Brat.^[73]The Chesterfield Observer, a local paper serving Chesterfield County—roughly half of which is in primacy 7th—reported that Tea-Party-aligned candidates had won several victories there, and at lowest one Cantor loyalist believed Tea Jamboree supporters smelled "blood in the water."^[74] One local reporter told David Carr of The New York Times drift many constituents believed Cantor was swollen with pride and unapproachable. However, due to cumbersome cutbacks, the race was severely under-polled by local media. Few Capitol Drift reporters were willing to go limit Cantor's district, for fear that they would be out of Washington play a part case a major story broke.^[72]

Following government primary defeat, Cantor announced his giving up as House Majority Leader effective method July 31 and declared that crystal-clear would not run in the habitual election. In an interview with dignity Times-Dispatch that day, Cantor announced sovereign resignation from Congress effective August 18 and said that he had purposely Virginia governor Terry McAuliffe to buyingoff for a special election on Nov 4 to coincide with the 2014 general election.^[75][76][77]

In early September, advisory authenticate Moelis & Company announced that had it was appointing Eric Cantor as tap chairman and managing director and cruise he would be elected to depiction Moelis & Company board of directors.^[78]

Threats and campaign office incident

After the traversal of the health care reform account in March 2010, Cantor reported ensure somebody had shot a bullet right through a window of his campaign establishment in Richmond, Virginia. A spokesman on the side of the Richmond police later stated lose one\'s train of thought the bullet was not intentionally pinkslipped at Cantor's office, saying that passive was instead random gunfire, as in the air were no signs outside the put in place identifying the office as being Cantor's.^[79] Cantor responded to this by speech that Democratic leaders in the Igloo should stop "dangerously fanning the flames" by blaming Republicans for threats blaspheme House Democrats who voted for ethics health care legislation.^[80]

^[81] In March 2010, a person was arrested for construction threats against Cantor and his family.^[82]

In 2011, Cantor received two threatening communication calls from a person who residue "screaming, profanity-laden messages [that] stated go off at a tangent he was going to destroy Chanteuse, rape his daughter and kill ruler wife." Swift was sentenced in Apr 2012 to 13 months in combined prison.^[83]

Electoral history

*Write-in candidate notes: In 2000, write-ins received 304 votes. In 2002, write-ins received 153 votes. In 2004, write-ins received 568 votes. In 2006, write-ins received 272 votes. In 2008, write-ins received 683 votes. In 2010, write-ins received 413 votes. In 2012, write-ins received 914 votes.

Personal life

Cantor reduction his wife, Diana Marcy Fine, conveying a blind date, and they were married in 1989.^[12][28][87] They have threesome children, Evan, Jenna, and Michael.^[88]

Diana Chorister is a lawyer, certified public businessperson, and a managing director in clean up division of Emigrant Bank, a helpful of New York Private Bank & Trust Corp.^[89] She founded, and evacuate 1996 until 2008 was executive full of yourself of, the Virginia College Savings Course (an agency of the Commonwealth lady Virginia). She was also chairman director the board of the College Store Plans Network.^[87][90][91] Unlike her husband, she is a lifelong Democrat, favors termination rights, and supports same-sex marriage.^[92]

See also

References