Goodbye and good riddance…
Disgraced New Jersey Sen. Bob Menendez (D) will reportedly resign from office next month over pressure to step down from office in the wake of a bribery scandal.
The New Jersey Globe reported that Menendez will step down effective Aug. 20. The Hill has reached out to Menendez's office.
Earlier this month, a jury found Menendez and two of his business associates, Fred Daibes and Wael Hana guilty in a federal corruption trial. (RELATED: Verdict Reached In Sen. Menendez's Federal Corruption Trial)
The jury found the Democrat Senator guilty on all 16 counts he faced, from accepting luxurious bribes in exchange for his political clout to acting as a foreign agent of Egypt.
The federal judge overseeing Sen. Bob Menendez's bribery trial has indefinitely delayed the trial for the New Jersey Democrat's wife, Nadine Menendez, who was charged alongside her husband but is set to face a separate jury due to her treatment for cancer.
In the federal indictment, Menendez and his wife are accused of accepting bribes from three business people in exchange for actions he took as chairman of the Senate Foreign Relations Committee. (RELATED: US Sen. Bob Menendez and Spouse Indicted)
“Those bribes included cash, gold, payments toward a home mortgage, compensation for a low-or-no-show job, a luxury vehicle, and other things of value,” the indictment said. Federal authorities reportedly found gold bars and nearly $500,000 in cash stuffed throughout the senator's home that they traced back to the businessmen Menendez allegedly worked with.
Menendez's sentencing is scheduled for Oct. 29, according to the New York Times.
Sen. Menendez is facing up to 45 years in prison.
This is a breaking news story. Please check back for updates.
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