Robert Menendez

MENENDEZ ANNOUNCES $53 MILLION IN TAX CREDITS AND GRANTS FOR SMALL NJ BIOTECH FIRMS THROUGH PROGRAM HE AUTHORED

Under a program authored by Senator Menendez as part of the health insurance reform law 133 small biotechnology firms in New Jersey have been awarded $53 million in tax credits and grants. The program will spur innovation and the development of new technologies in the biotech field by providing funds to small and emerging biotechnology firms in qualified therapeutic discovery projects that have the potential to address unmet needs and lower health care costs.

SENATOR MENENDEZ CHAMPIONS NEW LAW THAT PROVIDES SMALL BUSINESS LENDING

Small businesses are the main job creator in our country, but lending to them has dried up since the Wall Street collapse. Senator Menendez helped to champion the new law that is helping to spur small businesses lending. In October, the first month of the program, New Jersey small business owners were awarded $82 million in Small Business Administration-backed loans. Here is video of a news report on my event with small business owners in Atlantic City yesterday.

MENENDEZ HAILS FINAL SENATE PASSAGE OF LANDMARK WALL STREET REFORM LEGISLATION

Menendez provisions in the bill:

• “Honest Broker” provision
• Disclosure of CEO-to-worker pay ratio
• Expanded whistleblower protections
• Office of Minority and Women Advancement
• Prohibiting brokers from voting client shares on key compensatory issues
• Greater disclosure of stock exchange rules

SENATOR MENENDEZ DISCUSSES BP'S POSSIBLE ROLE IN HELPING TO FREE LOCKERBIE BOMBER FOR OIL CONTRACTS

Senator Menendez Discusses BP's possible role in helping to brocker a deal to free the Lockerbie bomber in exchange for Libyan oil contracts.

SENATOR MENENDEZ TOUTS PROPOSED FEDERAL FUND WITH MORE THAN $600 MILLION TO KEEP N.J. TEACHERS IN THE CLASSROOM

U.S. Senator Robert Menendez and New Jersey educators discussed legislation that would help ensure that thousands of teachers can remain in the classroom.  The “Keep Our Educators Working Act” would create a $23 billion Education Jobs Fund to prevent teacher and education job losses – the fund would include more than $600 million for New Jersey teachers.