Obama Critiques Institutions for Prioritizing Money Over Values

Former President Barack Obama criticized institutions that he believes have succumbed to the notion that 'everything is about money' during a speech at a stakeholder reception for the Obama Presidential Center in Chicago on June 16, 2026. Obama, alongside former First Lady Michelle Obama, highlighted the work ethics and family values of Michelle Obama's parents, who are honored in the center's exhibits. He stated, 'There are people like that all across the South Side of Chicago, and there are people like that all across this great country of ours, and their voices are not heard.' Although he did not mention Donald Trump by name, Obama expressed concern that certain institutions have adopted negative values associated with the current administration, which he believes contributes to the silencing of many voices in the country. He emphasized the importance of individuals who prioritize family and community over fame and financial gain.