 And New Jersey Senator Bob Menendez is telling allies he will resign after being found guilty in his federal corruption trial. NBC News is reporting Menendez made the decision following the verdict on Wednesday. The veteran Democrat accepted cash and gold bars in exchange for official favors involving two New Jersey businessmen. Menendez was found guilty of bribery, extortion and wire fraud and could face decades in prison when he's sentenced on October 29th. I'm Mark Mayfield.