Current:Home > FinancePoinbank Exchange|Democratic Sen. Menendez says cash found in home was from his personal savings, not bribe proceeds -Secure Horizon Growth
Poinbank Exchange|Democratic Sen. Menendez says cash found in home was from his personal savings, not bribe proceeds
Rekubit Exchange View
Date:2025-04-10 02:32:46
UNION CITY,Poinbank Exchange N.J. (AP) — Democratic U.S. Sen. Bob Menendez of New Jersey defiantly pushed back against federal corruption charges on Monday, saying nearly half a million dollars in cash authorities found in his home was on hand for emergencies and from his savings account, not from bribe proceeds.
Rejecting rising calls for him to resign, he said he believed that he’d be cleared.
“I recognize this will be the biggest fight yet, but as I have stated throughout this whole process, I firmly believe that when all the facts are presented, not only will I be exonerated, but I still will be the New Jersey’s senior senator,” Menendez said at Hudson County Community College’s campus in Union City, where he grew up.
He did not respond to questions and did not address whether he will seek reelection next year.
Addressing allegations in the indictment unsealed Friday that authorities found cash stuffed in envelopes and clothing at his home, Menendez said that stemmed his parents fear of confiscation of funds from their time in Cuba.
“This may seem old fashioned, but these were monies drawn from my personal savings account based on the income that I have lawfully derived over those 30 years,” he said.
He also addressed his relationship with Egypt, which plays a central role in the indictment against him, suggesting he’s been tough on the country over its detention of Americans and other “human rights abuses.”
“If you look at my actions related to Egypt during the period described in this indictment and throughout my whole career, my record is clear and consistent in holding Egypt accountable,” he said.
Prosecutors say he met with Egyptian military and intelligence officials, passed along non-public information about employees at the U.S. Embassy in Cairo and ghostwrote a letter on behalf of Egypt asking his Senate colleagues to release a hold on $300 million worth of aid. He did not directly address those allegations Monday.
The state’s Democratic leadership, including Gov. Phil Murphy, the state party chairmen and leaders of the Legislature, along with some of Menendez’s congressional colleagues, are calling on him to resign
In Washington, however, where his party holds a bare Senate majority, some of Menendez’s Democratic colleagues have stopped short of urging him to give up his seat, notably Majority Leader Chuck Schumer, of New York, and Majority Whip Dick Durbin, of Illinois.
Menendez did, however, step down as required as the influential chairman of the Senate Foreign Relations Committee, Schumer said on Friday, when the indictment was unsealed.
If he seeks reelection, Menendez will face at least one challenger in a primary next year after Democratic Rep. Andy Kim announced over the weekend that he will run for the Senate because of the charges against the state’s senior senator.
Menendez’s reelection campaign could face significant hurdles besides the criminal indictment, the second one he has faced in eight years, in light of opposition from state party leaders.
If the Democratic Party abandons Menendez, he could lose a potent benefit of party support: the so-called party line, or preferred ballot placement in the primary, widely regarded as a significant booster to incumbents and those with establishment backing.
Menendez has denied any wrongdoing in the federal case against him, his wife and three of their business associates. In an emailed statement last week, he accused prosecutors of misrepresenting “the normal work of a congressional office” and said he will not allow his work in the Senate to be distracted by “baseless allegations.” A lawyer for his wife said she “denies any criminal conduct and will vigorously contest these charges in court.”
He and his wife, Nadine Menendez, are accused of accepting hundreds of thousands of dollars in cash, gold and a luxury car from a trio of New Jersey businessmen for a variety of corrupt acts.
The indictment said Menendez used his clout to interfere in three criminal cases, pressured U.S. agriculture regulators to protect an associate’s business interests, and used his position as chairman of the Foreign Relations Committee to influence U.S. policy on Egypt.
Federal agents who searched his home in 2022 found more than $480,00 in cash stuffed into envelopes and hidden in clothing, closets and a safe, and gold bars worth more than $100,000, prosecutors said. Another $70,000 was discovered inside his wife’s safety deposit box, they said.
___
Catalini reported from Trenton.
veryGood! (4178)
Related
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Southern Charm Star Taylor Ann Green's Brother Worth Dead at 36
- Gunman on scooter charged with murder after series of NYC shootings that killed 86-year-old man and wounded 3 others
- 2022 marked the end of cheap mortgages and now the housing market has turned icy cold
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- A Chick-fil-A location is fined for giving workers meals instead of money
- Fortnite maker Epic Games agrees to settle privacy and deception cases
- Coal Is On Its Way Out in Indiana. But What Replaces It and Who Will Own It?
- Former longtime South Carolina congressman John Spratt dies at 82
- New Twitter alternative, Threads, could eclipse rivals like Mastodon and Blue Sky
Ranking
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Biden approves banning TikTok from federal government phones
- Shell’s Plastics Plant Outside Pittsburgh Has Suddenly Become a Riskier Bet, a Study Concludes
- Greenhouse Gas Emissions Plunge in Response to Coronavirus Pandemic
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- With Climate Change Intensifying, Can At-Risk Minority Communities Rely on the Police to Keep Them Safe?
- Besieged by Protesters Demanding Racial Justice, Trump Signs Order Waiving Environmental Safeguards
- Mary-Louise Parker Addresses Ex Billy Crudup's Marriage to Naomi Watts
Recommendation
Intellectuals vs. The Internet
Across America, Five Communities in Search of Environmental Justice
Fox News' Sean Hannity says he knew all along Trump lost the election
Amid blockbuster decisions on affirmative action, student loan relief and free speech, Supreme Court's term sees Roberts back on top
Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
Will a Summer of Climate Crises Lead to Climate Action? It’s Not Looking Good
Wells Fargo to pay $3.7 billion settling charges it wrongfully seized homes and cars
AP Macro gets a makeover (Indicator favorite)