By Larry Neumeister
U.S. Sen. Bob Menendez returns to court Monday to enter an expected not guilty plea to a conspiracy charge alleging he acted as an agent of the Egyptian government when he chaired the Senate Foreign Relations Committee.
Menendez, 69, was scheduled to appear in the afternoon before Judge Sidney H. Stein at federal court in Manhattan.
The New Jersey Democrat stepped down from his powerful post leading the Senate committee after he was charged last month. Prosecutors said the senator and his wife, Nadine Menendez, accepted bribes of cash, gold bars and a luxury car over the past five years from three New Jersey businessmen in exchange for a variety of corrupt acts.
The other defendants entered not guilty charges to a superseding indictment last week. The senator was permitted to delay his arraignment so he could tend to Senate duties. He has said that throughout his whole life he has been loyal to the United States and that he will show his innocence.
Menendez has resisted calls from more than 30 Democrats that he resign.
The rewritten indictment added a charge alleging that the senator, his wife and one of the businessmen conspired to have Menendez act as an agent of the government of Egypt and Egyptian officials.
As a member of Congress, Menendez is prohibited from acting as an agent for a foreign government.
Menendez is accused of passing information to the Egyptians about the staff at the U.S. embassy in Cairo, ghostwriting a letter on Egypt's behalf intended to influence fellow senators and urging the U.S. State Department to get more involved in international negotiations to block a dam project Egypt opposed, among other things.
Last week, Nadine Menendez and a businessman, Wael Hana, pleaded not guilty to the superseding indictment.
Both of them were charged with conspiring with the senator to use him as an agent of the government of Egypt and its officials. The charge carries a potential penalty of up to five years in prison.
After a late-night vote and last-minute ruling, the Federal Reserve began a key meeting on interest rate policy Tuesday with both a new Trump administration appointee and an official the White House has targeted for removal.
The Trump administration has issued its first warnings to online services that offer unofficial versions of popular drugs like the blockbuster obesity treatment Wegovy.
Albania's Prime Minister Edi Rama says his new Cabinet will include an artificial intelligence “minister” in charge of fighting corruption. The AI, named Diella, will oversee public funding projects and combat corruption in public tenders. Diella was launched earlier this year as a virtual assistant on the government's public service platform. Corruption has been a persistent issue in Albania since 1990. Rama's Socialist Party won a fourth consecutive term in May. It aims to deliver EU membership for Albania in five years, but the opposition Democratic Party remains skeptical.
The Trump administration has asked an appeals court to remove Lisa Cook from the Federal Reserve’s board of governors by Monday, before the central bank’s next vote on interest rates. Trump sought to fire Cook Aug. 25, but a federal judge ruled late Tuesday that the removal was illegal and reinstated her to the Fed’s board.
President Donald Trump's administration is appealing a ruling blocking him from immediately firing Federal Reserve Gov. Lisa Cook as he seeks more control over the traditionally independent board. The notice of appeal was filed Wednesday, hours after U.S. District Judge Jia Cobb handed down the ruling. The White House insists the Republican president had the right to fire Cook over mortgage fraud allegations involving properties in Michigan and Georgia from before she joined the Fed. Cook's lawsuit denies the allegations and says the firing was unlawful. The case could soon reach the Supreme Court, which has allowed Trump to fire members of other independent agencies but suggested that power has limitations at the Fed.
Chief Justice John Roberts has let President Donald Trump remove a member of the Federal Trade Commission, the latest in a string of high-profile firings allowed for now by the Supreme Court.
