Bank of America Paid Clintons Speaking Fees, Too - More Than $1m Worth

News & Observer
Mar. 14, 2016

Hillary Clinton’s paid speeches to Goldman Sachs Group have drawn criticism on the campaign trail, but they’re not the only talks she’s given to big banks.

Bank of America has also paid the Democratic presidential candidate and her husband more than $1 million combined to deliver talks to the Charlotte-based bank and its Merrill Lynch unit.

The Clintons collected the combined figure from Bank of America over four appearances from 2011 to 2014, according to financial disclosures posted by the nonpartisan Center for Responsive Politics. Former President Bill Clinton was the speaker on three of those occasions, once taking in $500,000 for a 2014 gathering in London.

The large fees raise concerns about potential conflicts of interest and are likely to remain a hot topic on the campaign trail, said Eric Heberlig, a political science professor at UNC Charlotte.

“Taking fees like this, particularly from banks that have been bailed out by the taxpayers, it’s certainly hard to argue to the public that you’re not acting in a self-serving way,” Heberlig said.

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