“In his decision to quit Congress altogether, Eric Cantor gave only one reason: so his successor could get a head start and “have a voice in what will be a very consequential lame-duck session.”

But several GOP lawmakers and aides suggested to POLITICO that there was more to this move. The last thing he wanted, they said, was to endure the humbling shift from 11 years in the leadership to being a back bencher, even if only for four months. And, they said he was already focused on the next chapter of his life in the private sector.

Although members can explore new job opportunities while still in office, his departure from Congress means that Cantor won’t have to disclose any companies or firms with whom he may be negotiating for a job.”* The Young Turks host Cenk Uygur breaks it down.

*Read more here from Anna Palmer, Jake Sherman and John Bresnahan / Politico:
http://www.politico.com/story/2014/08/eric-cantor-resigned-109659.html