Get the latest market trends in your inbox

Stay on top of the latest market trends and economic insights with the Axios Markets newsletter. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Denver news in your inbox

Catch up on the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Des Moines news in your inbox

Catch up on the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Minneapolis-St. Paul

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa-St. Petersburg news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa-St. Petersburg

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Prime Minister Benjamin Netanyahu. Michael Brochstein/SOPA Images/LightRocket via Getty Images

In a highly unusual move, the pro-Israel lobby AIPAC today denounced the deal pushed by Israeli Prime Minister Benjamin Netanyahu to form a united ultra right-wing party that will run in the April 9 elections, which would pave the way for Jewish supremacists from the "Jewish Power" party to make it into the next Knesset.

Details: In a tweet on its official account, AIPAC wrote: "We agree with AJC [American Jewish Committee, which also denounced the deal]. AIPAC has a longstanding policy not to meet with members of this racist and reprehensible party." Netanyahu's deal with Jewish Power is an unprecedented development in Israel's history and is equivalent to a U.S. president cutting a political deal with former KKK leader David Duke.

Why it matters: The AIPAC tweet is a big deal. It is a rare case of the pro-Israel lobby criticizing the prime minister of Israel. It is even more rare that this criticism is about a political move during an election campaign. The AIPAC tweet comes a month before Netanyahu is scheduled to be the keynote speaker at the organization's annual policy conference.

  • The tweet comes after several pro-Israel organizations denounced the deal pushed by Netanyahu to get the Jewish supremacists into the Knesset.

The American Jewish Committee said in a statement:

"The views of Otzma Yehudit [Jewish Power] are reprehensible. They do not reflect the core values that are the very foundation of the State of Israel. The party might conceivably gain enough votes to enter the next Knesset, and potentially even become part of the governing coalition."

Jonathan Greenblatt, the CEO of the Anti-Defamation League, tweeted:

"There should be no room for racism & no accommodation for intolerance in Israel or any democracy. ADL previously has spoken out on hate-filled rhetoric of leaders of the Otzma Yehudit [Jewish Power] Party. It is troubling that they are being legitimized by this union."

Go deeper: Netanyahu boosts racist far-right party with pre-election deal

Go deeper

42 mins ago - World

Hong Kong media tycoon Jimmy Lai detained on fraud charge

An activist holds a placard highlighting China's Tiananmen Square massacre as pro-democracy media tycoon Jimmy Lai arrives at West Kowloon Magistrates' Court in Hong Kong in November. Photo: Isaac Wong/SOPA Images/LightRocket via Getty Images

Hong Kong media tycoon Jimmy Lai is being detained until an April court hearing after the pro-democracy supporter was charged Thursday with fraud, per his Apple Daily news outlet.

Why it matters: His arrest and denial of bail is another blow for the pro-democracy movement in the former British colony amid concerns about a fresh crackdown on activists.

4 hours ago - Politics & Policy

Inhofe loudly sets Trump straight on defense bill

Sen. Jim Inhofe speaks with reporters in the Capitol last month. Photo: Samuel Corum/Getty Images

Senator Jim Inhofe told President Trump today he'll likely fail to get two big wishes in pending defense spending legislation, bellowing into his cellphone: "This is the only chance to get our bill passed," a source who overheard part of their conversation tells Axios.

Why it matters: Republicans are ready to test whether Trump's threats of vetoing the bill, which has passed every year for more than half a century, are empty.

Conspiracy theories blow back on Trump's White House

Sidney Powell. Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images

President Trump has rarely met a conspiracy theory he doesn't like, but he and other Republicans now worry the wild tales told by lawyers Sidney Powell and Lin Wood may cost them in Georgia's Senate special elections.

Why it matters: The two are telling Georgians not to vote for Republicans David Perdue and Kelly Loeffler because of a bizarre, baseless and potentially self-defeating theory: It's not worth voting because the Chinese Communist Party has rigged the voting machines.