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  • 00:00FOR THE WHITE HOUSE BECAUSE DIRECTLY INVOLVED IN THIS MATTER WITH BENJAMIN NETANYAHU. HOW DIRECTLY TO THE EXTENT THAT THE WHITE HOUSE TRIED TO THUMB THE SCALE ON THIS? JORDAN: THE PRESIDENT SPOKE WITH THE PRIME MINISTER A COUPLE WEEKS AGO, CONVEYED ITS CONCERNS ABOUT THE FALLOUT OF THIS JUDICIAL REFORM PUSH. OFFICIALS FROM THE U.S. GOVERNMENT WERE IN TOUCH WITH THEIR COUNTERPARTS ON THE GROUND, CONVEYING THE MESSAGE. THERE WAS A STATEMENT ON SUNDAY FROM THE NATIONAL SECURITY COUNCIL THAT DOUBLED DOWN ON THEIR WARNING. UNUSUAL TO HEAR THE CRITICISM FROM THE U.S. GOVERNMENT TOWARD AN ISRAELI GOVERNMENT, ESPECIALLY ABOUT A DOMESTIC ISSUE. ANNMARIE: WE HAVE THAT QUOTE NOW. WE ARE DEEPLY CONCERNED BY TODAY ' S DEVELOPMENT ' S OUT OF ISRAEL. WE CONTINUE TO URGE ISRAELI LEADERS TO FIND A COMPROMISE AS SOON AS POSSIBLE. BENJAMIN NETANYAHU, ALL HE IS SAYING IS WE WILL TAKE A TIMEOUT, A ' S. THAT DOES NOT LOOK LIKE A COMPROMISE THAT THIS WHITE HOUSE WOULD LIKE TO SEE. THAT ' S NOT. HE IS JUST PUMPING THE BRAKES. JORDAN: THIS SPARES THE WHITE HOUSE AN IMMEDIATE HEADACHE. THEY WILL RECONVENE SOMETIME OVER THE NEXT FEW WEEKS, AND THIS PROBLEM RISES TO THE TOP. THE QUESTION IS, HOW DOES NETANYAHU GET SOME KIND OF DEAL THAT BOTH SATISFIES HIS FAR RIGHT COALITION PARTNERS, AND ALSO THE ISRAELI PUBLIC, 60% OF WHOM ARE AGAINST THIS AS A WHOLE? YOU SAW THE ANGER ON THE STREETS OUT THERE. ANNMARIE: GET STOPPED THE ECONOMY. JORDAN: THE INTERNATIONAL AIRPORT WAS SHUT DOWN, THE EMBASSY HERE AND AROUND THE WORLD WAS SHUT DOWN. BB SEEMS TO HAVE PUT HIMSELF INTO A CORNER WITH NO EASY WAY OUT. JOE: I SPOKE EARLIER TODAY ON THE RADIO WITH JOEL RUBIN, THE PRESIDENT OF WASHINGTON STRATEGY GROUP, FORMER DEPUTY ASSISTANT SECRETARY OF STATE ABOUT WHETHER THIS IS A DONE DEAL. LISTEN TO WHAT HE SAID. > > THE LABOR UNION OF ISRAEL, THE TOP BUSINESS LEADERS, MILITARY LEADERS, EVERYBODY IS OUT ON THE STREETS PROTESTING. WE UNDERSTAND -- HE UNDERSTANDS THIS IS A MOMENT HE CANNOT PUSH. SO GOING TO TO REGROUP AND STRENGTHEN HIS BASE. JOE: WHERE ARE WE AFTER PASSOVER? IS THIS SOMETHING THE WHITE HOUSE IS PREPARED FOR? JORDAN: THEY HAVE TO BE IF THEY ARE NOT. THEY HAVE TO KNOW PRIMUS -- PRIME MINISTER NETANYAHU, SOMEONE WHO IS A KNOWN ENTITY TO JOE BIDEN, IS NOT WANT TO BACK DOWN. HE HAS TO KNOW AND BE PREPARED BUT THIS IS GOING TO COME UP, HE IS GOING TO PUSH FOR THIS AGAIN. THEY HAVE TO COME UP WITH SOME SORT OF POLICY OPTION TO DISCOURAGE IT. BUT IF YOU LOOK AT WHAT HAS HAPPENED IN THE PAST WITH THE WHITE HOUSE, THEY HAVE NOT BEEN ABLE TO REALLY DETER PRIME MINISTER NETANYAHU FROM DOING THINGS THEY DON ' T LIKE. GOING BACK TO PRESIDENT BARACK OBAMA. ANNMARIE: THAT IS HOW THE EXECUTIVE SIDE IS DEALING WITH IT. HOW DO YOU THINK CONGRESSIONAL LAWMAKERS DEAL WITH THIS? DURING THE TRUMP ADMINISTRATION, A LOT OF REPUBLICANS WARMLY COZIED UP TO BEEBE. WENDY: ABSOLUTELY. BB, HIS NICKNAME, OF COURSE, BB DOES NOT CARE THAT MUCH WHAT AMERICANS THINK, PARTICULARLY -- AND THIS IS THE SURPRISING PART, HE CARES LESS THAN PREVIOUS PRIME MINISTER ' S ABOUT WHAT AMERICAN JEWS THINK. HE THINKS WE ARE LARGELY SECULAR, THAT WE MARRY OURSELVES OUT OF IRRELEVANCE. AND IT IS THE EVANGELICAL CHRISTIANS WHO TEND TO BE REPUBLICAN AND A VERY ORTHODOX JEWS, BUT IN THE NUMBERS, THERE ARE MORE EVANGELICAL CHRISTIANS IN THIS COUNTRY THAN THERE ARE ORTHODOX JEWS. THAT IS WHO BB WILL BE LISTENING TO. REPUBLICANS MAY WANT TO SOFT PEDAL, NOT ONLY FOR THAT REASON, BUT NOT TO BE JOE BIDEN. JOE: THEY WOKE UP THINKING WE WOULD BE TALKING WITH YOU ABOUT BANKS. A PRETTY MAJOR HEADLINE, SVB SOLD, MARKETS FEEL GOOD,. THE U.S. AS IT IS. READY TO BACKSTOP SMALLER BANKS, HELP FIRST REPUBLIC. I ' M SURPRISED, I DON ' T KNOW ABOUT EVERYONE HERE, THAT THE PRESIDENT DID NOT COME OUT BEFORE THE BELL TO SAY THERE IS NO CONTAGION. WENDY: YOU DID THAT ALREADY. JOE: WE HAVE NOT HEARD FROM HIM SINCE. WENDY: IT IS PROBABLY BECAUSE HE THINKS, I SAID THAT, AND I NEVER THOUGHT THERE WAS ANY CONTAGION. JOE: IS THAT THE FEEL IN WASHINGTON? IF THAT IS THE CASE, WE WILL NOT GET ANY NEW REGULATIONS, THERE WILL BE NO PROGRESS ON CAPITOL HILL IF THEY THINK IT IS SOLVED. WENDY: THERE WILL BE A HEARING TOMORROW. INTERESTINGLY, THE CEO OF SIGNATURE VALLEY BANK WILL NOT BE AT THE HEARINGS. THEY DON ' T GET TO GRILL THE ONE GUY WHO MAY HAVE THE ANSWERS. ANNMARIE: THAT IS NOT SURPRISING. WENDY: NOT AT ALL. THERE WILL BE A LOT OF TALK. WHAT CONGRESS WANTS TO DO IS PUT SOME OVERSIGHT OVER THE FED, WHICH IS HIGHLY UNUSUAL. THE FED IS SUPPOSED TO BE INDEPENDENT. . WE HAVE RICK SCOTT, A REPUBLICAN, AND ELIZABETH WARREN, A DEMOCRAT, BEHIND A BUILDING WOULD DO THAT. THEY WANT TO DO SOMETHING ABOUT THE FDIC LIMIT OF $250,000. EITHER KEEP IT, LOWER IT, OR RAISE IT. THEY WANT TO PUT THOSE BANKING REGULATIONS BACK THAT THE TRUMP ADMINISTRATION AND REPUBLICANS IN CONGRESS ROLLED BACK. THE DEMOCRATS SAY IT IS RESPONSIBLE. ANNMARIE: WOULD YOU RATHER BE TOMORROW, MARDI GRAS BURKE OR MICHAEL BARR? WENDY: GOSH. JOE: I WOULD NOT WANT TO BE MICHAEL BARR. WENDY: NOT AT ALL. JOE: THIS IS GOING TO BE FED SCRUTINY. THE FDIC WILL BE WATCHING THIS. ANNMARIE: THIS IS THE THIRD SUPERVISION SCANDAL, I WOULD SAY, THAT THE FED HAS TAKEN IN-HOUSE. AND FOR THE FIRST TIME, YOU SEE CONGRESS SAY, POTENTIALLY ENOUGH IS ENOUGH, WE NEED TO GET MORE INVOLVED. WENDY: I WOULD NOT LIKE TO BE THE SAN FRANCISCO FED RIGHT NOW. ANNMARIE: CERTAINLY. WE HAVE YOU BOTH HERE, SO WE WANT TO TALK ABOUT WHAT HAPPENED OVER THE WEEKEND IN WACO. JORDAN, YOU COVERED THE FORMER PRESIDENT. THIS LANGUAGE ALMOST FEELS MORE INCENDIARY THAN EVER BEFORE. TALKING ABOUT DEATH AND DESTRUCTION. KIND OF A CHANGE IN 2016 WHICH IS, I ' M GOING TO ASK YOUR PROBLEMS. HE IS NOW BRINGING HIS PROBLEMS TO HIS RALLY AND SAYING, WE ARE GOING TO FIX MY PROBLEMS TOGETHER. OBVIOUSLY HE IS TALKING ABOUT HIS INDICTMENT. JORDAN: RIGHT. PRESIDENT TRUMP IS SOMEONE WHO CAMPAIGNED ON PERSONAL GRIEVANCE FOR YEARS. THIS WAS THE TEXT OF THAT, WITH AN INDICTMENT LOOMING -- LOOMING OVER HIS HEAD. . WHAT HE TRIES TO DO WITH HIS SUPPORTERS IS MAKE THEM FEEL LIKE HIS PROBLEMS ARE THERE PROBLEMS. YOU HEARD HIM SAY, THEY ARE GOING TO COME AFTER -- COME AFTER ME, BUT THE PROSECUTORS WILL ALSO COME AFTER YOU. THIS IS A MESSAGE THAT RESONATES WITH HIS SUPPORTERS. THE QUESTION IS, IS IT GOING TO RESONATE WITH ENOUGH AMERICANS? NOT ONLY THAT, BUT ENOUGH REPUBLICANS FOR HIM TO BE ABLE TO WIN THE NOMINATION. WE WILL SEE. ANNMARIE: I THINK OVER THE WEEKEND, THE ONE PERSON HE IS WORRIED ABOUT IS GOVERNOR DESANTIS. THAT WAS THE REPUBLICAN HE MADE A TON OF COMMENTS ABOUT. JOE:
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Israel's Prime Minister Netanyahu Delays Judicial Plan

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  • Balance of Power

March 27th, 2023, 9:42 PM GMT+0000

Bloomberg's Jordan Fabian and Wendy Benjaminson discuss the latest from the mass protest in Israel and the actions of Israel's Prime Minister Benjamin Netanyahu. Jordan and Wendy speak with Annmarie Hordern and Joe Mathieu on Bloomberg's "Balance of Power." (Source: Bloomberg)


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