Israeli politics likely to delay key part of Trump admin's peace plan

• Kushner will launch the economic part of the plan this month at a conference in Bahrain. He and his team planned to launch the political part of the proposal later this summer, probably in July. Now, with Israel preparing for a second election, it is likely to be postponed once again.

The big picture: After the Washington Post reported Secretary of State Mike Pompeo saying at a meeting with Jewish leaders the plan was "unexecutable" and might not "gain traction," Trump told reporters Pompeo may be right. He said he still thinks the U.S. has a good chance to push the plan forward. Trump blamed the delay of the proposal on Israel's political crisis.

"Israel is all messed up with their election. I mean, that came out of the blue three days ago. So that's all messed up. They ought to get their act together. Bibi [Netanyahu] got elected. Now all of a sudden they're going to have to go through the process again till September. That's ridiculous. So we're not happy about that."

Go deeper: Trump disappointed Netanyahu failed in coalition talks