The paper said he would be "doing a disservice to New Jersey" by staying in office.
The New Jersey senator will have to turn over his passport.
The Maryland Democrat will become ranking member of the Senate Foreign Relations Committee.
Sen. Amy Klobuchar will give the money back following this week's Menendez indictment.
He will temporarily step down as the ranking member of the Foreign Relations Committee.
"I am angry and ready to fight."
Kristina Wong 04/01/15 06:14 PM EDT
The Foreign Relations Committee is set to vote April 14 on a bill he co-authored.
"I think he's a guy that we can do business with," Sen. John Thune said.
A Pentagon report shows a rise in suicides among active-duty personnel.
Aides slam conservative theories on the cause of Harry Reid's injuries.