US Markets
Wednesday, October 4th, 2023 3:26 pm EDT
Key Points
- Senator Bob Menendez of New Jersey, who had previously adamantly refused to resign from the Senate despite facing bribery charges, now appears to be considering the possibility of resigning.
- Menendez and his wife have been charged in federal court with accepting bribes, including cash, gold, a luxury car, and mortgage payments, in exchange for him using his political influence to assist three New Jersey businessmen. Despite calls from most Senate Democrats for his resignation, Menendez had previously stated he would not step down. The trial for Menendez, his wife, and the businessmen is scheduled to begin on May 6.
Senator Bob Menendez of New Jersey, who had previously firmly rejected the idea of resigning despite facing bribery charges, indicated a possible change in his stance. When asked by NBC News about his plans to resign, Menendez responded that he would make an announcement “when it comes time.” He and his wife are facing charges of accepting bribes, including cash, gold, a luxury car, and mortgage payments, in exchange for using his political influence to assist three New Jersey businessmen. Despite calls from most Senate Democrats for his resignation, Menendez had previously maintained that he would not step down. The trial for Menendez, his wife, and the businessmen is scheduled to begin on May 6.
For the full original article on CNBC, please click here: https://www.cnbc.com/2023/10/04/sen-bob-menendez-hints-at-potential-resignation-over-bribery-case.html
