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David Friedman watches Jared Kushner speak at the opening of the U.S. Embassy in Jerusalem. Photo: Lior Mizrahi/Getty Images

U.S. Ambassador to Israel David Friedman said in a rare statement today that President Trump will release his Israeli-Palestinian peace plan at a time that will allow its best chance for success.

Why it matters: Friedman confirmed my story from last week about a high-level meeting Trump held with his White House "peace team" to discuss the contents of the peace plan and the timing for its release. Trump said in late September that he wanted to publish the long-awaited plan between December and February.

  • Friedman wrote in his statement that he had a "very productive meeting" last week in the Oval Office to discuss the peace plan with White House senior adviser Jared Kushner and special envoy Jason Greenblatt that also included Trump, Vice President Mike Pence, Secretary of State Mike Pompeo and National Security Adviser John Bolton.
  • He rejected a report in the Palestinian Al-Quds newspaper which said that Trump decided to postpone to release of the plan until February. Friedman said: "I would like to reaffirm that the United States remains committed to sharing its vision for peace with Israel, the Palestinians and other regional and international stakeholders at the appropriate time."
  • He added that the White House intends to release the peace plan "when the Administration concludes that we have maximized its potential for acceptance, execution and implementation."

Go deeper:

Go deeper

Battle for the soul of a new web

Illustration: Aïda Amer/Axios

A well-funded and intensely motivated chunk of tech's hive mind is finding common cause in a vast new project: rebuilding the web on a foundation of cryptocurrency and blockchain tech. They call it "Web3."

The big picture: Developers, investors and early adopters imagine a future in which the technologies that enable Bitcoin and Ethereum will break up the concentrated power today's tech giants wield and usher in a golden age of individual empowerment and entrepreneurial freedom.

First look: Biden summons top CEOs on supply chain

Photo: Alex Wong/Getty Images

President Biden will meet Monday afternoon with CEOs of big retailers, grocers and consumer-products firms to send this message, according to the White House: Products will be on shelves for holiday shopping.

Zoom out: Black Friday sales rebounded from 2020.

Thanksgiving box office shows theaters have long road to recovery

Photo of Disney's "Encanto;" Credit: Disney

Box office ticket sales over the Thanksgiving holiday show that consumer confidence in moviegoing is slowly improving, but not enough to bring the struggling theater industry back to pre-pandemic levels anytime soon, if ever.

Why it matters: "We may have to temper expectations a bit" for next year, said Comscore senior media analyst Paul Dergarabedian.