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Photo: Olivier Douliery-Pool/Getty Images

Israeli Prime Minister Netanyahu spoke on the phone with President Trump on Saturday.

Why it matters: Israel is closely following the Trump-Putin summit, which takes place Monday in Helsinki, Finland. One of the main issues in the summit will be a possible deal on the future of Syria. Israel wants Iranian forces, Hezbollah and pro-Iranian Shia militias out of Syria in any future deal. Israel is concerned about possible pullout of U.S. forces from Syria, which will allow further entrenchment of Syrian forces in the country.

Israeli officials told me Netanyahu called Trump to coordinate before the Helsinki summit tomorrow between Trump and Russian president Vladimir Putin. The White House still hasn't given any details about the call.

What they are saying: During the phone call last night Netanyahu briefed Trump on the talks he had with Putin in Moscow last Wednesday. Netanyahu said at the top of the cabinet meeting today that he thanked Trump for his policy against Iran "which shows it is affecting Iran both domestically and regionally". Netanyahu said Trump reiterated his commitment for Israel's security during the phone call.

What to watch: Netanyahu said last week after his meeting with Putin that he told the Russian president that Israel will have no problem with Assad staying in power in Syria as long as the Iranian and pro-Iranian forces leave the country.

  • Netanyahu's position is on the same page with U.S. policy.
  • National Security Adviser John Bolton told CBS earlier in July that the strategic issue in Syria is Iran and not Assad.

The big question mark: What happens if Trump puts a deal along those parameters on the table during the summit.

Go deeper

Scoop: Former OMB director to set up Pro-Trump think tanks

OMB Director Russ Vought parfticipates in a photo-op for the printing of President Donald Trumps budget for Fiscal Year 2020 at the Government Publishing Office in Washington on Thursday, March 7, 2019. (Photo By Bill Clark/CQ Roll Call)

Russ Vought, who led Donald Trump's Office of Management and Budget, plans to announce two pro-Trump organizations Tuesday, aiming to provide the ideological ammunition to sustain Trump's political movement after his departure from the White House.

Why it matters: The Center for American Restoration and an advocacy arm, America Restoration Action, will try to keep cultural issues that animated Trump’s presidency on the public agenda, according to people familiar with the matter.

Janet Yellen confirmed as Treasury secretary

Janet Yellen. Photo: Alex Wong/Getty Images

The Senate voted 84-15 to confirm Janet Yellen as Treasury secretary on Monday.

Why it matters: Yellen is the first woman to serve as Treasury secretary, a Cabinet position that will be crucial in helping steer the country out of the pandemic-induced economic crisis.

Dan Primack, author of Pro Rata
4 hours ago - Economy & Business

Scoop: Red Sox strike out on deal to go public

Illustration: Sarah Grillo/Axios

The parent company of the Boston Red Sox and Liverpool F.C. has ended talks to sell a minority ownership stake to RedBall Acquisition, a SPAC formed by longtime baseball executive Billy Beane and investor Gerry Cardinale, Axios has learned from multiple sources. An alternative investment, structured more like private equity, remains possible.

Why it matters: Red Sox fans won't be able to buy stock in the team any time soon.