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Sen. Bob Menendez indicates he will not resign after indictment on bribery charges

September 25, 2023
in Market & News
Reading Time: 3 mins read
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Sen. Bob Menendez indicates he will not resign after indictment on bribery charges
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U.S. Sen. Bob Menendez, D-N.J., suggested Monday that he will not resign from his Senate seat amid federal corruption charges and predicted he would be cleared of wrongdoing.

“I firmly believe that when all the facts are presented, not only will I be exonerated, but I still will be New Jersey’s senior senator.” Menendez told reporters at a press conference in Union City, N.J., where he once served as mayor. They were his first public remarks since the charges against him were unsealed Friday.

Menendez also offered an explanation for the $480,000 in cash prosecutors said was found in his New Jersey home, “much of it stuffed into envelopes and hidden in clothing, closets, and a safe.”

Menendez maintained the money was his and had been earned legitimately.

“The allegations leveled against me are just that — allegations,” Menendez said. “For 30 years, I have withdrawn thousands of dollars in cash from my personal savings account, which I have kept for emergencies and because of the history of my family facing confiscation in Cuba,” he said. “These were moneys drawn from my personal savings account based on the income I have lawfully derived over those 30 years.”

The indictment said some of the envelopes “contained the fingerprints and/or DNA” of one of the people charged with bribing Menendez or that person’s driver. Menendez did not address that claim in his remarks and did not take questions from reporters, but said he should be presumed innocent.

“The allegations against me are just that – allegations,” he said.

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He asked his congressional colleagues “to pause and allow for all the facts to be presented.”

“The court of public opinion is no substitute for our revered justice system. We cannot set aside the presumption of innocence for political expediency when the harm is irrevocable,” Menendez said.

“Prosecutors get it wrong sometimes,” he said.

There have been numerous calls for Menendez to resign from House Democrats and Democratic officials in New Jersey, including Gov. Phil Murphy. On the Senate side, only John Fetterman, D-Pa., has called for him to step down, while others have described the allegations against him as “devastating.”

Rep. Andy Kim, D-N.J., announced Saturday he’d challenge Menendez for his seat. “Not something I expected to do, but NJ deserves better,” Kim wrote on X, the social media platform formerly known as Twitter.

Menendez and his wife were indicted Friday on charges that include conspiracy to commit bribery, conspiracy to commit honest services fraud and conspiracy to commit extortion. The indictment alleges they received bribes included “cash, gold bars, payments toward a home mortgage, compensation for a low-or-no-show job, a luxury vehicle and other items of value.”

Federal investigators who executed a search warrant at their home found the more than $480,000 in cash and other allegedly ill-gotten gains that they claim were used to bribe Menendez, including a Mercedes-Benz, exercise equipment, home furnishings and “over one hundred thousand dollars’ worth of gold bars,” the indictment said.

Senators, aside from top leaders, make $174,000 a year.

Menendez has denied any wrongdoing and suggested in a statement Friday night that he’s being targeted because of his heritage.

“It is not lost on me how quickly some are rushing to judge a Latino and push him out of his seat. I am not going anywhere,” he said.

Dareh Gregorian is a politics reporter for NBC News.

Frank Thorp V is a producer and off-air reporter covering Congress for NBC News, managing coverage of the Senate.


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