Watch live: NJ Sen. Bob Menendez press conference to address corruption charges

Sen. Bob Menendez, a Democrat from New Jersey, is scheduled to have a press conference Monday at 11:30 a.m. ET after he was indicted Friday by a federal grand jury in New York on corruption charges.

Menendez and his wife, Nadine Arslanian Menendez, are accused of accepting bribes, including cash, gold, mortgage payments and a Mercedes-Benz in a case that alleges the senator used his foreign affairs influence for personal gain.

Three New Jersey businessmen also were charged with showering the couple with expensive bribes in exchange for the senator’s dealings on their behalf.

Menendez called the allegations baseless and a smear campaign.

Menendez's indictment has led to heavy pressure from Democratic and Republican colleagues calling on him to resign. Menendez said in a statement he is "not going anywhere." After Menendez signaled his resistance to resign, Rep. Andy Kim, D-N.J., said he would mount a primary challenge against him.

Watch Menendez's press conference live below, or on Paste BN's YouTube page.

Contributing: Ken Tran and Michael Collins, Paste BN