Trump and Netanyahu at the White House on Monday. Photo: Mark Wilson/Getty Images

Israeli Prime Minister Benjamin Netanyahu has surrendered his immunity from prosecution just minutes before the Knesset was set to form a committee expected to strip it from him.

The latest: Israel's attorney general has now sent the indictments against Netanyahu — for bribery, breach of trust and fraud — to the Jerusalem district court.

The backdrop: Netanyahu realized there was a majority in Israel's parliament, the Knesset, to strip him of immunity.

  • That's a humbling reality for the man who has dominated Israeli politics for a decade.
  • Netanyahu also realized his immunity push was alienating voters ahead of the March 2nd elections.
  • Netanyahu's top political rival, Benny Gantz, was planning to focus his campaign around the public hearing over Netanyahu's immunity request.

What they're saying: Netanyahu is in Washington and will join President Trump at the White House shortly for the rollout of his Middle East peace plan.

  • He released a statement blaming his opponents for dealing in petty politics while he dealt with the "historic" opportunities created by Trump’s peace plan.
  • Gantz issued a statement attacking Netanyahu and stressing that a prime minister can’t function when he needs to go to court to defend himself twice a week.  

What’s next: Netanyahu’s trial will begin in several weeks with the reading of the indictments. His lawyers will seek a postponement to ensure he doesn’t appear in court as a defendant before the elections.

  • He is the first sitting prime minister ever indicted on corruption charges.

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Scoop: Chinese biotech giant's U.S. subsidiary received PPP loan

Chinese biotech company BGI Genomics provided mobile labs for conducting COVID-19 tests at a sports center in Beijing. Photo credit: Xinhua/Chen Zhonghao via Getty Images.

A U.S. subsidiary of Chinese genomics company BGI Group received a loan through the Paycheck Protection Program (PPP), according to data on the program released by the U.S. Treasury Department this week.

Why it matters: BGI's close ties to the Chinese government, which is constructing a massive genetics database of its population, have raised concerns among U.S. officials.

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Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 10:30 a.m. ET: 12,077,210 — Total deaths: 550,327 — Total recoveries — 6,636,374Map.
  2. U.S.: Total confirmed cases as of 1o:30 a.m. ET: 3,055,491 — Total deaths: 132,310 — Total recoveries: 953,420 — Total tested: 37,431,666Map.
  3. Public health: Cases rise in 33 states — Fauci says states with severe outbreaks "should seriously look at shutting down"
  4. Education: How Trump's push to reopen schools could backfire — College sports stare down a disaster in the fall.
  5. Jobs: 1.3 million Americans filed for unemployment last week.

Supreme Court says Manhattan prosecutors can obtain Trump's financial records

Photo: Saul Loeb/AFP via Getty Images

The Supreme Court ruled Thursday that Manhattan prosecutors can obtain President Trump's financial records — and punted House Democrats' efforts to access similar records to a lower court.

Why it matters: The Manhattan ruling, a 7-2 decision, is a stinging loss for Trump, who has fought relentlessly to keep these records secret.