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Treasury Secretary Scott Bessent addressed concerns on Tuesday about the impact of $2,000 tariff checks, suggesting that families should consider saving the money instead of immediately spending it. His remarks came during an interview with Fox News host Bret Baier, who pressed him on whether distributing the funds nationwide could fuel another wave of price increases.

Responding to the question, Bessent said, “Maybe we could persuade Americans to save that, because one of the things that’s going to happen next year” is the launch of “Trump Accounts” designed for long-term savings for children. He explained that these accounts are central to a House GOP initiative, championed by President Donald Trump, which would create new tax-deferred investment accounts for every baby born in the U.S. over the next four years, each seeded with $1,000 at birth.

Under the proposal, funds from these accounts could be withdrawn once a child turns 18 to help with educational expenses, the purchase of a first home, or starting a small business. Withdrawals for other purposes would be taxed at a higher rate, encouraging families to reserve the funds for meaningful long-term goals.

President Trump, speaking a day earlier, said he hopes to begin issuing tariff checks to “moderate income, middle income” Americans by mid-2026. He emphasized the scale of the program, stating, “We have thousands of dollars for individuals of moderate income, middle income. We are going to pay down debt. We have a lot of money from tariffs; if we didn’t have tariffs, this country would be in serious trouble,” during a meeting in the Oval Office with the 2026 FIFA World Cup task force.

The Treasury Department reported that tariff collections reached $195 billion by the end of September, a sharp increase of 153% from the $77 billion collected in fiscal year 2024. July alone saw nearly $30 billion in revenue, highlighting the scale of tariff income the administration hopes to redistribute.

Not everyone is convinced that distributing tariff rebates is without risk. Several economists have warned that handing out checks to all American households could reignite inflation, much like the pattern seen after the COVID-19 stimulus payments.

William Dickens, professor emeritus of economics and public policy at Northeastern University, argued that the effect depends heavily on the economic climate. He said $2,000 “would help support the economy” during a downturn and likely wouldn’t move prices significantly. “On the other hand, if the economy is running strong and he doles out $2,000 to everyone, it could drive inflation up.”

The Tax Foundation also raised red flags, noting that tariffs have “undoubtedly raised costs for American firms and consumers — since Americans and not foreigners ultimately pay the tariff — rebating the revenue to consumers would be fiscally irresponsible and also risk increasing inflation.”

{Matzav.com}

Kosher Certification recently convened its annual International Conference, marking a significant dual milestone: 90 years of unparalleled kosher excellence and the 50th anniversary of Mivtza Kashrus (the worldwide campaign for kosher observance initiated by the Lubavitcher Rebbe). The conference, attended by ~ Kosher’s global network of rabbis, rabbinic coordinators, and mashgichim, adopted the inspiring theme: […]

In the most dramatic diplomatic shift since Russia’s full-scale invasion nearly four years ago, the United States is privately urging Ukrainian President Volodymyr Zelenskiy to accept a draft peace framework that would force Ukraine to cede territory and scale back its military, according to two Reuters sources. The sources, who spoke on condition of anonymity […]

Influential GOP donor and billionaire grocer John Catsimatidis is signaling a surprising détente with Mayor-elect Zohran Mamdani, telling New York conservatives they should work with the incoming socialist administration rather than attempt to block it. Catsimatidis — who just weeks ago blasted Mamdani’s election as a threat to the city — hosted a roundtable Monday […]

Dear Matzav Inbox,

I commend Rabbi Bender for courageously addressing the sub rosa practice that has crept into many of our frum communities known as To’a’meha — gatherings where groups of men assemble on Erev Shabbos to drink heavily and indulge in various mat’amim, all under the pretext of the mitzvah of tasting Shabbos foods in advance. Calling for communities to forbid this practice, Rabbi Bender forcefully decried this behavior and emphasized the damaging impact it has on our children, who watch their fathers arrive at the Friday night seudah in a state of inebriation.

I, too, long for the disappearance of such decadence from our cherished and holy communities. Yet I question whether a rabbinic prohibition alone can truly resolve the underlying issues that drive this behavior. Alcohol misuse functions as a numbing agent, and those who rely on it may be attempting to escape stress, soothe an emotional void, or quell anxiety. While many additional factors can contribute to substance abuse, my decades of counseling adult men in our community lead me to believe that these three motivations are the primary forces behind To’a’meha gatherings.

Consider the burdens faced by men between the ages of 35 and 60: making steep mortgage payments on homes built to high standards in the “right” neighborhoods, paying s’char limud for a houseful of children, financing bar mitzvahs and chasunos, navigating shidduchim, keeping a seder limud, meeting tzedakah obligations, supporting a wife who may herself be overwhelmed by managing a large family, satisfying workplace demands, learning with children, attending simchos, striving for growth in ruchniyus, and more.

When a person feels they are falling short of communal expectations for spiritual growth, or when they struggle to balance the needs of a spouse and many children, an emotional void can develop. The constant pressure of providing for a family can naturally lead to anxiety. For some, the weekly ritual of numbing these overwhelming feelings becomes the coping mechanism of choice — selected specifically because it doesn’t interfere with job performance. To their credit, most men in our community find healthy ways to handle these pressures. But in any large population, there will be those who lean on less constructive methods.

Breaking free from this damaging cycle is especially difficult because the brain learns to associate alcohol with temporary relief. Simply banning the practice, without simultaneously reducing the stressors and offering healthier, acceptable alternatives for decompression, is unlikely to yield meaningful change.

Rabbi Bender has brought a critical issue to the forefront. Now, our community must confront the deeper challenge: reducing the pressures that fuel these unhealthy behaviors and providing constructive outlets that support the well-being of the entire family. I eagerly await that conversation in Part II.

Signed,
A rov for 40 years,
F. B.

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A top private school in northern Virginia has agreed to sweeping reforms and a six-figure payout after expelling three Jewish students whose parents reported months of severe antisemitic bullying. The Nysmith School for the Gifted, located roughly an hour outside Washington, D.C., settled the lawsuit this week following a blistering complaint filed in July by […]

European intelligence agencies, working closely with the Mossad, spent months piecing together a covert web that Hamas had been quietly stitching across multiple countries. Their joint work revealed a broad effort to organize attacks on Jewish and Israeli targets on European soil.

Part of the operation unfolded in Germany, Austria, and additional European states, where coordinated counterterrorism raids exposed hidden stockpiles of weapons and led to the capture of individuals involved in building the network.

One of the breakthrough moments occurred in Vienna in September, when Austria’s DSN security service located a concealed trove of firearms and explosives. Investigators discovered that the stash was tied to Muhammad Naim, whose father, Bassem Naim, is a senior figure in Hamas’s political bureau in Gaza and an associate of Khalil al-Hayya. The findings also pointed to a meeting between the two senior Hamas officials in Qatar around the same time, raising the likelihood that high-ranking Hamas leadership was directly supporting terror operations in Europe.

The broader inquiry has also zeroed in on Hamas activity in Turkey, a location that has long served as a comfortable operational environment for the group. In November, German authorities apprehended Barhan al-Khatib, described as a central operative in the network, after he traveled back to Turkey, apparently following the conclusion of his assignments in Europe.

European officials have intensified actions against Hamas in other spheres as well. Governments have begun shutting down organizations, cultural centers, and religious institutions that were being used as fronts for recruiting and fundraising. These efforts accompany the security operations and signal Europe’s acknowledgment of Hamas’s attempt to expand its footprint across the continent following the attacks of October 7.

“The Mossad continues to cooperate with intelligence services around the world and to thwart dozens of attack plots directed against Israelis, Jews, and civilian targets. These efforts continue as part of its responsibility to counter terror in the international arena and to safeguard the security of the State of Israel and its citizens,” the agency said in its statement.

{Matzav.com}

Iranian scientists quietly traveled to Russia last year to pursue nuclear weapons-related technology, according to documents obtained by The Financial Times, raising new questions about Tehran’s covert efforts and adding weight to Israel’s justification for its June 2025 offensive. The report details a clandestine trip made by Iranian researchers from November 7–11, 2024, who met […]

LAKEWOOD: An MVA involving a bus on Route 9 and Spruce, right outside the hospital, has resulted in multiple injuries. Emergency personnel are at the scene. Avoid the area.

Israeli officials revealed Wednesday night that a focused military strike in Gaza zeroed in on two high-ranking Hamas operatives, the commander overseeing the Zeitoun Battalion and the official directing the terror group’s naval wing. The action, described as the result of tightly held, high-quality intelligence, was intended to neutralize both men, and the source indicated that Israel assesses the operation to have successfully eliminated its targets.

The strike followed an earlier flare-up in the south, when gunmen in the Khan Yunis area fired at IDF units operating nearby. The exchange did not result in any injuries, but the incident immediately drew a sharp response from the military.

“This constitutes a violation of the ceasefire,” the IDF stated. “IDF forces under the Southern Command are deployed in the area and will continue to act to eliminate any immediate threat. The IDF will continue to operate with force to remove any threat to the State of Israel.”

The army emphasized that its posture in the sector remains vigilant, and that any hostile fire will be met with decisive action.

{Matzav.com}

Texas Gov. Greg Abbott is the first governor in the United States to designate two Muslim groups as Foreign Terrorist and Transnational Criminal Organizations. On Tuesday, he made the designations by proclamation citing multiple Texas laws. He designated the Muslim Brotherhood and Council on American-Islamic Relations (CAIR) as FTOs, authorizing heightened enforcement against both organizations […]

For the first time, on December 10, Harrah’s Waterfront Conference Center, Atlantic City, N.J., will host a gathering of business leaders, government officials, T.V. personalities, and other media at the JBiz Expo & Business Conference, that will explore the issues shaping tomorrow, such as AI, banking, energy, global trade, media integrity, innovation, and economic stability.  International […]

FUTURISTIC SIDEWALK SHEDS: New York City unveiled six new, modern sidewalk-shed designs created by Arup and PAU to replace the old green scaffolding. The updated structures are meant to look sleeker, feel less intrusive, and improve the overall street experience. The city plans to start rolling them out next year. Officials say the move comes […]

SWEDISH DEPUTY PM: Sweden needs to pick its friends wisely, and we are choosing Canada… So when we come to America, we come to Canada now.

With a profoundly heavy heart, Matzav.com reports the tragic petirah of Elchonon Fasten z”l, a 19-year-old bochur from Lakewood, NJ, who was niftar early this morning following a devastating crash and subsequent vehicle fire on the Garden State Parkway in Old Bridge, NJ.

The tragic incident occurred near Exit 120 as Elchonon was traveling from Boro Park back to Lakewood.

Emergency responders arrived at the scene, but the injuries were unfortunately unsurvivable.

In the aftermath of the accident, askaním worked tirelessly, maintaining constant communication with state and local authorities to ensure kavod hameis was upheld in every respect.

Those who knew Elchonon describe a lichtiger bochur whose very presence brightened a room. He carried himself with a quiet sweetness, a gentle temimus, and a sincerity that endeared him to everyone he encountered. Whether in the beis medrash, at home, or among friends, there was a purity to his demeanor, a natural goodness that needed no announcement.

Elchonon was well-liked by classmates and rebbi’im alike, known for his thoughtfulness, his easy smile, and the genuine respect he showed to others. Friends speak of his reliability, his warmth, and the way he made everyone feel valued. His middos tovos were not loud or dramatic; they were steady, consistent, and real.

In learning, too, Elchonon applied himself with quiet determination. He cherished the sweetness of the beis medrash, appreciating every moment he could spend immersed in Torah. His sedarim were important to him, and he approached his learning with the same sincerity that marked every part of his life.

At home, he was a source of pride and nachas, a chiyus, a warm presence, and a beloved son and brother whose caring nature touched those closest to him. His family and friends recall a young bochur with a refined heart, a calm spirit, and a deep appreciation for the people around him.

Levaya details will be released as soon as they are finalized. Kevurah is expected to take place in Monsey.

Elchonon leaves behind his grieving parents, siblings, extended family, friends, and chaveirim, along with a community shaken by the sudden loss.

Yehi zichro baruch.

{Matzav.com}

Construction sites across Charlotte look more like ghost towns amid ongoing immigration operation.

A new study from Johns Hopkins University suggests that smoking as few as 100 cigarettes over an entire lifetime may be enough to significantly raise the risk of heart disease and premature death. Researchers tracked more than 300,000 adults for nearly two decades and found that men and women who smoked as little as two […]

Saudi authorities on Wednesday permitted Saad Almadi, a US citizen from Florida, to finally leave the kingdom and return to American soil — marking the end of a four-year ordeal that began when he was jailed over a series of restrained social-media posts critical of Riyadh.

News of his release broke just as President Trump delivered remarks highlighting the strength of the American–Saudi partnership during a packed schedule of events in Washington with Crown Prince Mohammad bin Salman, who serves as both prime minister and the kingdom’s dominant decision-maker.

The Almadi family shared their relief immediately, issuing a heartfelt message saying, “Our family is overjoyed that, after four long years, our father, Saad Almadi, is finally on his way home to the United States!”

In their statement, the family made clear whom they believe deserves credit for the breakthrough. “This day would not have been possible without President Donald Trump and the tireless efforts of his administration. We are deeply grateful to Dr. Sebastian Gorka and the team at the National Security Council, as well as everyone at the State Department.”

The message — drafted by Almadi’s son and leading advocate, Ibrahim Almadi — also expressed appreciation for The Post’s “courageous” reporting that kept the case in the public eye, and acknowledged the backing of several advocacy groups and House Speaker Mike Johnson (R-La.), all of whom worked to advance the elder Almadi’s release.

{Matzav.com}

Gedolei and tzaddikei hador gathered to celebrate the wedding of the son of HaGaon HaRav Yechezkel Esrog Shlit”a, Rosh Yeshiva and Rosh Kollelim of Migdol Oz. The joyous occasion marked the vibrant Torah empire of Migdol Oz, which includes hundreds of outstanding avreichim across multiple kollelim throughout Eretz Yisroel, as well as the large Migdol […]

At the Siyum on Seder Nezikin taking place tonight in Yerushalyim. Hagaon HaRav Dovid Cohen R”Y Chevron came out for the Kovod Hatorah of R’ Sruly Bornstein and the entire DBS Chabura celebrating the Siyum.