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Trump Shares Handwritten Note to Powell: ‘You Have Cost the USA A Fortune’
Donald Trump released a handwritten message on Monday addressed to Federal Reserve Chairman Jerome Powell, calling on him to make significant interest rate cuts — a continuation of Trump’s criticism of the Fed’s current monetary policy.
Taking to Truth Social, Trump blasted Powell and the rest of the Federal Reserve’s leadership, writing, “They should be ashamed of themselves” for not bringing down interest rates.
“They have one of the easiest, yet most prestigious, jobs in America, and they have FAILED — And continue to do so,” Trump stated in his post.
Accompanying his remarks was a photo showing interest rates from central banks across various countries. Trump had marked up the image with a Sharpie, directing a pointed message at Powell.
“Jerome – You are, as usual, ‘too late.’ You have cost the USA A fortune – and continue to do so – you should lower the rate – by a lot!” Trump wrote.
He went on to add: “Hundreds of billions of dollars being lost! No inflation,” and concluded with his signature.
Trump also scrawled a note contending that the U.S. should be listed among nations with interest rates at or below 1.75 percent.
Earlier this year, Federal Reserve officials had signaled an expectation of rate cuts as inflation showed signs of aligning with their 2 percent annual target. However, the central bank has refrained from reducing rates during the first half of 2025, in part due to economic unpredictability stemming from Trump’s proposed tariffs.
On Wednesday, Powell once again emphasized a cautious approach, after the Fed opted to leave interest rates unchanged.
Trump has repeatedly targeted Powell in recent months, dubbing him “Too Late,” and lambasting the Fed’s reluctance to lower borrowing costs. Although Trump appointed Powell to the position back in 2017, he has publicly entertained the idea of removing him. Powell is currently set to remain in the role until 2026.
{Matzav.com}
Tensions Over Housing Ministry Shake Degel HaTorah: Porush Threatens to Quit, Burochi at Risk of Losing Knesset Seat Again
A political firestorm is brewing within United Torah Judaism, with serious implications for the faction’s internal balance and particularly for Degel HaTorah. Minister Meir Porush of Agudas Yisroel is threatening to resign from the government if MK Yisrael Eichler is not appointed housing minister in the wake of Minister Yitzchak Goldknopf’s departure.
Porush is demanding that the Housing Ministry be handed over to Eichler, the representative of the Belzer chassidus, and has issued an ultimatum to Prime Minister Netanyahu. Should Porush follow through on his threat, MK Yaakov Bruchi—Degel HaTorah’s representative who only returned to the Knesset this morning under the Norwegian Law—would be forced out once again.
The fallout for Degel HaTorah could be severe: it would lose another parliamentary seat, and Deputy Minister Uri Maklev, a key member of the party’s Litvishe contingent in the government, might also resign. That, in turn, could force MK Moshe Shimon Roth out of the Knesset.
The crisis is also escalating internal tensions within Agudas Yisroel. Eichler, backed by Porush, is seeking control of the Housing Ministry, but Motty Babchik—representing the Gerer chassidus and a close adviser to Netanyahu—is working hard behind the scenes to block the appointment.
Responding to the controversy in a radio interview Monday evening, MK Moshe Shimon Roth of Agudas Yisroel said regarding the Eichler appointment saga: “Let them ask the Moetzes Gedolei HaTorah. The current leadership under Goldknopf has done good work and should remain in place for the benefit of the community.”
A source in the Prime Minister’s Office said that Babchik delivered a clear warning to Netanyahu: “If the ministry goes to Eichler, it will be a divorce between Ger and Likud.”
Meanwhile, insiders within UTJ are dismissing Porush’s motives, recalling that he previously told Degel HaTorah MKs that his support for Eichler’s appointment was merely for the sake of unity and in order to facilitate Bruchi’s return to the Knesset. Now, many believe that his true objective was to secure the ministerial position for Eichler, not to help Bruchi.
A Degel HaTorah official, reacting to the proposal, noted that according to procedure, a Norwegian Law minister who resigns and wishes to return to the Knesset must face a Knesset vote. If Porush acts against Bruchi’s interests, Degel HaTorah would no longer feel bound by any commitments to him.
In recent days, Degel HaTorah had made efforts to reinstate MK Bruchi via the Norwegian Law—a plan that succeeded this morning following Deputy Minister Tzvi Tesler’s resignation. But now, with Porush threatening to make good on his ultimatum, the entire strategy may collapse.
{Matzav.com Israel}IV Therapy Clinics Boom Post-COVID, but Doctors Warn: Buyer Beware
MK Gadi Eisenkot Announces Split from Gantz’s National Unity Party
In a significant shakeup within Israeli politics, the National Unity party revealed on Sunday that MK Gadi Eisenkot, its second-ranking member and a former IDF chief of staff, would be stepping down from both the party and the Knesset.
“Member of Knesset Lt. Gen. (res.) Gadi Eisenkot informed National Unity Party chairman Benny Gantz of his intention to leave the party and return his mandate to it,” the official party statement read. “The two emphasized their long-standing friendship and mutual respect, and stated that they will continue to collaborate toward shared goals and for the benefit of the people of Israel in the future as well,” the statement added.
Eisenkot had joined Gantz for the 2022 election campaign under the condition that the party would move toward greater internal democracy, including leadership primaries. However, Gantz did not follow through on that commitment.
Although the party declared on June 1 that it would introduce reforms aimed at democratizing its internal structure, those changes still gave Gantz full authority to appoint the 150-person committee responsible for selecting the party leader. This arrangement effectively blocked Eisenkot from mounting a legitimate leadership challenge.
In light of his departure, Eisenkot has reportedly held talks with both Yair Lapid, who heads the opposition, and former Prime Minister Naftali Bennett. He is said to be weighing the possibility of aligning with one or both of them in advance of the next national election.
Eisenkot’s exit will open a seat for the next candidate on the National Unity list—former Ra’anana mayor and current MK Eytan Ginzburg—who will now enter the Knesset.
This development delivers a blow to Gantz, who has tried to present a solid alliance with Eisenkot in the face of persistent rumors that Eisenkot was planning to leave. He becomes the fifth lawmaker to depart the party, following the March 2024 exit of Foreign Minister Gideon Sa’ar, who split from Gantz over disagreements on Gaza policy while the party was still part of the ruling coalition.
Shortly after the news was made public, Gantz issued a personal statement: “Following a deep and lengthy process of conversations between us, my friend Gadi Eisenkot informed me today that he has decided to leave the National Unity party and resign from the Knesset. In recent weeks, significant ideological differences have emerged between us regarding the right way to serve the State of Israel,” Gantz said.
“Gadi is, first and foremost, a personal friend. He is a worthy individual who has served the country for decades, and I am confident he will continue to serve it in his own way. Even if our political partnership has come to an end at this time — our friendship and mutual respect will remain,” Gantz concluded.
{Matzav.com}
Netanyahu to Fly to Washington Next Week to Meet Trump
Israeli Prime Minister Bibi Netanyahu is scheduled to travel to Washington next Monday, and Strategic Affairs Minister Ron Dermer will also be in the U.S. capital on the same day.
The Israeli cabinet convened recently but chose to hold off on any major decisions related to Gaza until they receive an update on Dermer’s meetings in Washington.
On Sunday, President Donald Trump posted on Truth Social calling for a resolution in Gaza, writing, “get the hostages back!!!”
Trump previously stated that Prime Minister Bibi Netanyahu is working on a deal with Hamas aimed at securing the release of the remaining hostages.
In recent remarks, Trump expressed sharp criticism of the legal proceedings against Netanyahu, arguing that the trial is obstructing efforts to negotiate with Hamas and Iran.
“The travesty of ‘Justice’ will interfere with both Iran and Hamas negotiations,” Trump wrote. “In other words, it is INSANITY doing what the out-of-control prosecutors are doing to Bibi Netanyahu.”
In response, Netanyahu posted his appreciation for Trump on Sunday, writing, “Together, we will make the Middle East Great Again!”
Netanyahu was last in Washington this past April. During that visit, he and Trump addressed key issues including the hostages held in Gaza, the endgame of the conflict there, and new tariffs that had recently been placed on Israeli goods by the Trump administration. Netanyahu was the first foreign leader to speak with Trump about the tariffs.
{Matzav.com}
NOAA Postpones Data Cutoff That Forecasters Warned Could Cripple Hurricane Tracking
UN Slams Latest Israeli Evacuation Orders, Says Safe Zones Can’t House That Many Gazans
The United Nations strongly criticized Israel’s recent directive ordering evacuations across both the northern and central regions of Gaza, cautioning that Palestinians are being corralled into increasingly smaller areas that are ill-equipped to handle the sheer volume of displaced civilians. The UN emphasized that many of these areas already lack the infrastructure to sustain basic human needs.
UN spokesperson Stephane Dujarric reported during a press conference that the evacuation orders issued by the IDF on the previous day directly affect around 150,000 individuals. Many of those impacted are currently staying in shelters intended for people already displaced earlier in the conflict.
“People are being pushed into overcrowded areas where thousands of others are already staying. These spaces lack shelter, they lack water and they lack sewage systems, not to mention medical facilities,” he says.
Dujarric pointed to an alarming update from the World Food Program, which noted that 20% of Gaza’s population is now facing extreme hunger, and that more than 90,000 women and children are in urgent need of nutritional treatment.
He also shared that some 143,300 tons of food aid are sitting at Gaza’s border, awaiting clearance from Israel before it can be brought into the territory. While the UN insists the aid is ready for distribution, Israel has argued that the delay is caused by the UN’s inability to handle the logistics on the ground.
Dujarric added that the shortage of fuel and proper shelter remains critical, pointing out that Israel has not permitted fuel deliveries into Gaza for more than four months.
{Matzav.com Israel}How the “Liar’s Dividend” is Shielding Child Abusers From Accountability | Yisroel Picker, MSW
BBC Regrets Not Stopping Glastonbury ‘Death to the IDF’ Livestream
The BBC expressed regret over its decision not to cut the live broadcast of punk-rap act Bob Vylan during their Glastonbury set, after the duo’s performance included anti-Israel chants that drew harsh criticism, including from British Prime Minister Keir Starmer.
The controversy erupted when a member of Bob Vylan led the festival crowd in shouting “Death, death to the IDF,” shortly after the chant “Free, free Palestine.” The Israel Defense Forces were directly targeted in the performance, which was aired live on Saturday, leading to immediate backlash.
Although the BBC displayed a warning during the stream, acknowledging the sensitivity of the content, it admitted on Monday that it had not gone far enough in managing the broadcast.
“The comments were ‘utterly unacceptable and have no place on our airwaves,’” the BBC said in a formal statement.
“The team were dealing with a live situation, but with hindsight, we should have pulled the stream during the performance,” the statement continued. “We regret this did not happen.”
The broadcaster said it plans to review its internal policies regarding live programming to ensure future coverage avoids similar incidents. The Bob Vylan set was also withheld from being posted on the BBC’s on-demand platforms.
Prime Minister Keir Starmer weighed in on the incident, condemning the broadcast. “There is no excuse for this kind of appalling hate speech,” he stated.
“I said that Kneecap should not be given a platform and that goes for any other performers making threats or inciting violence,” Starmer added. “The BBC needs to explain how these scenes came to be broadcast.”
Law enforcement also began examining the incident. Avon and Somerset Police confirmed on Saturday that officers would review available footage “to determine whether any offenses may have been committed that would require a criminal investigation.”
The investigation also includes scrutiny of remarks by the Irish rap group Kneecap, one of whose members performed in a shirt bearing support for the Palestine Action Group, an organization that is reportedly on the verge of being banned under UK terrorism legislation.
Festival organizers condemned Bob Vylan’s remarks and distanced themselves from the rhetoric. “The Glastonbury Festival was ‘appalled’ by the anti-Israel chants in Bob Vylan’s set,” they said in a public statement.
“Their chants very much crossed a line, and we are urgently reminding everyone involved in the production of the festival that there is no place at Glastonbury for antisemitism, hate speech, or incitement to violence,” the organizers added.
Despite some performers expressing anti-Israel views, certain festivalgoers chose to counter that narrative. Amid a sea of flags, a staple of Glastonbury tradition, several attendees raised banners calling attention to the Israeli hostages captured by Hamas during the brutal assault on southern Israel on October 7, 2023, which marked the beginning of the current conflict in Gaza.
{Matzav.com}
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Netanyahu Condemns ‘Fanatic Few’ Settlers for Attacking IDF; Lapid: ‘Jewish Terrorists’
Israeli Prime Minister Bibi Netanyahu issued a strong rebuke on Monday following violent acts by Jewish extremists, including the torching of a military post and a riot outside an army base in the West Bank. The statement came hours after dozens of radical settlers clashed with security forces.
“No civilized country can tolerate violent and anarchic acts such as the burning of a military installation, damage to IDF property, and assaults on security personnel by citizens of the state,” Netanyahu stated in remarks distributed by his office.
He also urged authorities to investigate thoroughly and bring charges against those responsible, referring to them as “rioters.”
Netanyahu made clear that these violent individuals are not reflective of the broader settler population. Instead, he emphasized the positive role that settlers play in Israeli society.
“The settler community is a model and an example of developing the land, meaningful service in the IDF, and contributing to the cultivation of Torah scholars. We will not allow a violent and fanatic few to tarnish an entire community,” the prime minister said.
Defense Minister Israel Katz announced plans to convene an emergency meeting to address the situation and plot a strategy to contain future outbreaks of settler violence.
“This phenomenon must be put to an immediate end. We will take all necessary measures and completely uproot this violence. No one will dare raise a hand against IDF soldiers and members of the security forces,” Katz declared.
However, opposition lawmakers leveled fierce criticism at the government, accusing it of enabling extremism by coddling radical elements within the settler population.
Opposition Leader Yair Lapid bluntly labeled the perpetrators.
“These are Jewish terrorists, a gang of criminals, who feel they have the support of the coalition. Anyone who uses force against IDF soldiers should be dealt with to the fullest extent of the law,” Lapid said in an interview with Army Radio.
National Unity leader Benny Gantz pointed to what he described as the government’s role in undermining Israel’s law enforcement institutions.
“The event we witnessed tonight, which joins a severe wave of additional events, begins with a dangerous tailwind for violence and Jewish terrorism, blowing directly from ministers in the government,” Gantz said.
He added that verbal condemnation is insufficient without concrete measures to reverse the trend.
“From the deliberate weakening of the police, and attacks on the Shin Bet and the IDF instead of on the rioters. Mealymouthed condemnations will not stop the violence — only action will,” Gantz asserted.
Foreign Minister Gideon Sa’ar also weighed in, stating unequivocally that violence against the country’s security apparatus is intolerable.
“I strongly condemn the violence against the IDF and security forces. Such incidents are unacceptable and the perpetrators must be punished severely,” he said.
Finance Minister Bezalel Smotrich, who had criticized IDF troops for their use of live fire against settlers just days earlier, appeared to shift tone, calling the recent actions a serious breach.
“Criminals are criminals are criminals in every place in the country,” he wrote on X.
“Violence against beloved IDF soldiers and the Israel Police and the destruction of property are forbidden and cross a red line,” Smotrich added, urging the police to apprehend those behind the attacks.
He further distanced the broader settler movement from those responsible for the incidents, saying these individuals do not reflect the values of most residents in the West Bank.
Likud lawmaker Avihai Boaron described the violent acts as “apparently illegal behavior,” but attempted to downplay their gravity by characterizing the perpetrators as disaffected youth.
He also pushed back against comparisons between the settlers and Palestinians who engage in stone-throwing attacks.
“A rock is a rock, but the throwing hand is not the same throwing hand — of course the intention is different,” Boaron said, cautioning against labeling extremist settlers as enemies.
The events unfolded overnight between Sunday and Monday, when dozens of Jewish radicals reportedly attacked a security facility and clashed with soldiers near a base in the West Bank. The attack came just days after a settler physically assaulted an IDF officer.
Some participants held signs branding an IDF commander a “traitor,” according to reports.
Military officials said that the rioters attempted to breach the perimeter of the Binyamin Regional Brigade base, hurled rocks, sprayed mace at soldiers, and punctured vehicle tires.
In a separate attack, settlers burned down a high-cost security installation near Ramallah, which the IDF said was key in preventing terror attacks and ensuring safety in the area.
The military warned that destruction of the post “poses a danger to the security of the residents.”
No arrests have yet been reported in connection with the violence. The Shin Bet has launched an investigation into the arson at the security installation.
The group responsible for rioting outside the army base had reportedly been protesting the military’s firing of warning shots at settlers who ambushed a patrol on Friday night — an incident that apparently resulted in a teenage boy being wounded.
Troops and police had been dispatched to an area near Kafr Malik after receiving intelligence that suspects were gathering there. The location had been declared a restricted military zone following an earlier attack by settlers in which three Palestinians were killed by IDF fire. Settlers had repeatedly tried to establish an unauthorized outpost on privately owned Palestinian land.
{Matzav.com Israel}
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Panel Votes To Impeach Arab MK Ayman Odeh, Paving Way For Possible Ouster From Knesset
Lawmakers on the Knesset House Committee voted overwhelmingly on Monday to back the removal of MK Ayman Odeh, prompting sharp criticism from the head of the Arab-led Hadash-Ta’al faction, who accused the government of trying to silence Arab voices in Israel.
After two days of intense deliberations, the committee—including members from opposition parties Yesh Atid and National Unity—voted 14 to 2 in favor of pushing forward the impeachment. The issue now heads to the full Knesset for a vote, where 90 members would have to approve in order to formally expel Odeh.
The proceedings focused on a controversial message Odeh posted earlier this year in which he seemed to draw a parallel between Israeli captives held by Hamas and Palestinian prisoners incarcerated in Israel.
Odeh caused a political firestorm on January 19 when he wrote on X that he was “happy for the release of the hostages and prisoners” as part of a ceasefire deal between Israel and Hamas in Gaza.
In his defense, Odeh later clarified that the Palestinians freed were primarily minors, and he argued that “most of the prisoners released that day were not charged with anything at all.”
Although none of those released were convicted murderers, several had been involved in failed attacks, such as 15-year-old Mahmoud Aliowat, who wounded two people in a shooting in Jerusalem’s City of David neighborhood at the age of 13.
Reacting to Odeh’s remarks, Likud MK Avichai Boaron recently launched a signature drive among fellow lawmakers to initiate the impeachment process, asserting that “whoever sticks a knife in the back of IDF soldiers and the State of Israel will not be a member of Knesset.”
Addressing supporters protesting against the move outside the Knesset, Odeh maintained that Boaron’s efforts were part of a broader campaign to marginalize Arab citizens.
“Under the cover of this war, they want to bring us backwards, to hurt freedom of expression that we over the course of many years struggled to expand,” he declared, as demonstrators brandished red flags adorned with communist symbols and multilingual signs backing Odeh.
According to Israel’s Basic Law: The Knesset, lawmakers can expel an MK who expresses backing for “an armed struggle” against the state. Once 70 MKs endorse such a motion, it is reviewed by the House Committee, and if approved, goes to the full plenum for a final vote.
Although the key point of contention was whether Odeh’s post amounts to support for terrorism, committee members brought up other examples to strengthen their argument, including his recent claim that “Gaza has won, and Gaza will win.”
“If it were up to him, he would shoot each one of us in the head. In his subconscious, he wants to eliminate all of us here,” said Likud MK Osher Shekalim during the hearing.
Otzma Yehudit MK Limor Son Har-Melech argued that removing Odeh was a matter of principle, not politics. “The proposal to impeach Odeh is not a political question but a moral one. There is no justification for a person who supports terrorists and who was happy about the release of terrorists to serve as a member of Knesset,” she stated, adding that there was “broad consensus on the issue.”
Although a previous attempt to remove MK Ofer Cassif of Hadash-Ta’al in February 2024 failed due to insufficient backing in the plenum, this time the measure had strong support from the opposition. Yesh Atid’s Simon Davidson and National Unity’s Pnina Tamano-Shata both voted in favor.
Tamano-Shata emphasized to the committee that “One of the grounds for dismissing an MK is incitement to racism, and I tell you, antisemitism is racism and anyone who shouts ‘Gaza will win’ during a war does not deserve to sit in the Knesset.”
She added that Odeh must “decide whether he is a Gazan or an Israeli.”
When asked if Yesh Atid would support the measure in the full plenum, party chairman and Opposition Leader Yair Lapid told reporters, “anyone who speaks like this should not be a member of Knesset.”
National Unity head Benny Gantz, meanwhile, voiced discomfort with the idea of legislators voting to expel one of their own, though he did condemn Odeh’s remarks. “We will hold a members’ debate beforehand and decide what we are doing,” he said.
Odeh responded to Davidson and Tamano-Shata’s support for the measure by accusing the opposition of working hand in hand with the coalition to erode democracy. “Some of them hate us more than they love democracy,” he said, adding, “They want to subdue the judicial system, silence critical voices, and turn Israel into a messianic dictatorship. Today it’s me – tomorrow it’s you. Anyone who dares to oppose will be next in line.”
MK Ofer Cassif voiced similar sentiments on social media, calling the hearing a “shameful and grotesque show trial, a political lynching [in which] Knesset members competed over who could shout louder, incite more, rant more, attack more, act more thuggishly, and slander more.”
He warned that “the decision to dismiss MK Odeh is another step in the rampage of fascism in Israel, which will also reach those opposition elements that joined the bloodthirsty coalition in supporting this persecution and impeachment.”
Cassif was ejected twice from the committee session, while Ra’am MK Waleed Taha was removed once and nearly thrown out a second time for speaking Arabic—prompting complaints that disruptions by Arab MKs were penalized, while similar behavior by coalition members was ignored.
Sagit Afik, the Knesset’s legal adviser, acknowledged that while public outrage over Odeh’s statement was understandable, that didn’t necessarily mean it met the legal criteria for removal. “A clear case must exist in which there is a significant mass of clear, unequivocal and convincing evidence showing that support for armed struggle is a dominant feature within the framework of the candidate’s aspirations,” she told the panel. “It is doubtful whether this statement meets the test of support for an armed struggle by a terrorist organization.”
Deputy Attorney General Avital Sompolinsky concurred, stating that Odeh’s message may be “outrageous,” but “does not meet the required threshold.”
Democrats party leader Yair Golan, referencing Odeh’s decision not to run for reelection, dismissed the entire effort as political posturing. “His impeachment is another victory for the nationalist-extremist government over a secure and democratic Israel. This morning it’s Ayman. This afternoon it’s the public broadcasting corporation. Tomorrow it’s the attorney general. The day after tomorrow it’s you. Wake up,” he tweeted.
{Matzav.com Israel}
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