Congressman Rob Menendez urges the New Jersey State Investment Council to reassess its $130 million investment in Palantir Technologies.
Quiver AI Summary
Congressman Menendez addresses investment concerns: Congressman Rob Menendez has urged the New Jersey State Investment Council to reconsider its $130,000,000 pension fund investment in Palantir Technologies. He raised concerns about the company's ties to federal immigration enforcement, which he argues threatens the safety of New Jersey families and contradicts state values.
Calls for divestment and consideration: In his letter, Menendez emphasizes that public investments should not endanger immigrant families, highlighting the company's history of contracts with federal agencies like ICE. He has requested the Council to evaluate options for divesting from Palantir and aligning investments with New Jersey's commitment to civil liberties.
Ongoing advocacy for immigrant rights: Menendez, a long-time advocate for immigrant rights, points out the implications of Palantir's actions under previous administrations and the impact on New Jersey's diverse community, which includes over two million immigrants. He calls on the Council to consider constituents' concerns seriously.
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Robert Menendez Fundraising
Robert Menendez recently disclosed $0 of fundraising in a Q4 FEC disclosure filed on January 31st, 2026. This was the 1912th most from all Q4 reports we have seen this year. nan% came from individual donors.
Menendez disclosed $319.1K of spending. This was the 213th most from all Q4 reports we have seen from politicians so far this year.
Menendez disclosed $7.6K of cash on hand at the end of the filing period. This was the 1722nd most from all Q4 reports we have seen this year.
You can see the disclosure here, or track Robert Menendez's fundraising on Quiver Quantitative.
Robert Menendez Net Worth
Quiver Quantitative estimates that Robert Menendez is worth $1.2M, as of February 17th, 2026. This is the 310th highest net worth in Congress, per our live estimates.
Menendez has approximately $721.1K invested in publicly traded assets which Quiver is able to track live.
You can track Robert Menendez's net worth on Quiver Quantitative's politician page for Menendez.
Robert Menendez Bill Proposals
Here are some bills which have recently been proposed by Robert Menendez:
- H.R.7294: To study the impacts of artificial intelligence technology with respect to the security of telecommunications networks, and for other purposes.
- H.R.7263: Safe Intersections for Buses and Pedestrians Act
- H.R.6984: Data Center Transparency Act
- H.R.6983: PRICE Act
- H.R.6927: Noise Oversight and Information for Safe Environments Act
- H.R.6406: Parental Workforce Training Act
You can track bills proposed by Robert Menendez on Quiver Quantitative's politician page for Menendez.
2026 New Jersey's 8th Congressional District Election
There has been approximately $5,305,939 of spending in New Jersey's 8th congressional district elections over the last two years, per our estimates.
Approximately $2,716,767 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:
- CHC BOLD PAC ($971,799)
- AMERICA'S PROMISE ($771,172)
- PROTECT PROGRESS ($430,126)
- BOLD AMERICA ($187,714)
- NATIONAL ASSOCIATION OF REALTORS POLITICAL ACTION COMMITTEE ($124,828)
The rating for this race is currently "Solid D".
You can track this election on our matchup page for the 2026 New Jersey's 8th congressional district election.