Feds Probe Menendez Rental Deal

In a potentially devastating development for Democrat's hopes of taking over the Senate, the Newark Star-Ledger reports that federal investigators have subpoenaed records of a rental deal between Sen. Robert Menendez (D-NJ) and a non-profit group in Union City, NJ.

Two weeks ago, the Star-Ledger reported Menendez collected over $300,000 in rent from the non-profit over a nine-year period while serving in the House of Representatives. He also helped the agency win millions of dollars in federal funding over that period. Some Republicans and independent watchdog groups assert it's a conflict of interest for Menendez to seek federal funds for one of his tenants.

A Menendez spokesman questioned the timing of the subpoena, and said the Senator has nothing to hide about his dealings with the non-profit. Menendez is battling Tom Kean Jr. (R) in New Jersey's Senate race, and a recent poll showed Menendez already trailing Kean 44% to 39%.


September 8, 2006




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