Sen. Bob Menendez Stands Firm Amid Indictment and Cash Controversy: No Plans to Resign

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  • Source: Wayne Dupree
  • 09/25/2023
Senator Bob Menendez has recently made it clear that he has no intentions of resigning from his position in the Senate, despite being indicted on bribery charges. Additionally, he has provided an explanation regarding the cash that investigators claim to have discovered concealed in his residence.

According to the Guardian, the New Jersey Democrat stated on Monday that the funds discovered in clothing and closets belonged to him and originated from his personal savings accounts. 


According to his statement, he has withdrawn a significant amount of money from his accounts over the course of three decades. He claims that this money was earned through legitimate means and was primarily intended for emergency situations. Additionally, he mentions that his family has a history of experiencing confiscation in Cuba, which may have influenced his decision to keep these funds readily accessible.

Menendez, an individual born in the United States shortly after his parents emigrated from Cuba, refrained from providing any remarks regarding the gold bars that were also referenced in the indictment. According to investigators, a significant amount of cash totaling $480,000 was discovered in Menendez's residence. Additionally, an additional sum of $70,000 was found in his wife's safety deposit box. 

According to a report by the New York Times, Menendez and his wife have been accused of accepting bribes in return for providing political favors to the government of Egypt and their business associates in New Jersey. On Monday, the senator made a statement acknowledging that he is currently confronted with a significant challenge. However, he expressed confidence in his eventual vindication, stating that he not only expects to be cleared of any wrongdoing but also believes he will retain his position as New Jersey's senior senator.


Democratic leaders in New Jersey and certain colleagues in the Senate are urging Menendez to resign, while some senators have refrained from explicitly stating that he should leave his position. 

Senator John Fetterman, who is among those urging for resignation, expressed skepticism regarding Senator Menendez's assertion that he possessed $480,000 stored at his residence for unforeseen circumstances. In a recent post on X, Fetterman mentioned that they possess an additional flashlight specifically designated for any unforeseen emergencies that may arise within their household.


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