Senator Bob Menendez (D-NJ) is set to resign his seat in the United States Senate effective August 20, 2024 according to sources close to the New Jersey Democrat. Menendez was convicted on multiple counts of corruption and fraud on July 16, stemming from allegations he acted as an unregistered foreign agent on behalf of the governments of Egypt and Qatar.
Each count carries a potential sentence of upwards of 20 years. Among the charges, Menendez has been found guilty of conspiracy to commit bribery, conspiracy to commit wire fraud, conspiracy to commit extortion, and obstruction of justice. The New Jersey Democrat’s home was raided by federal agents last year as part of an investigation into his ties with businessman Jose Uribe and the Egyptian and Qatari governments.
According to federal prosecutors, Menendez and his wife Nadine received payments in cash, gold bars, and a luxury vehicle for their efforts on behalf of Uribe and the Egyptian government. Consequently, the scheme to ensure military aid for Egypt ran through Menendez’s wife and Wael “Will” Hana, an Egyptian-American businessman. The U.S. Department of Justice indicted the Democratic power couple in September 2023.
Earlier this year, Menendez announced he would seek reelection to the Senate as an independent. Currently, he is set to face off against Democrat Rep. Andy Kim (D-NJ) and Republican Curtis Bashaw in November. However, given the latest revelations regarding his resignation, it is unclear if Menendez will continue this independent bid.
The New Jersey Senator faces sentencing on October 29. Meanwhile, a trial for Menendez’s wife, Nadine, has been delayed as she receives treatment for breast cancer.