Trump Cements Ties with Netanyahu, Lashes Out at Hamas and Fed Chair
In a dramatic display of his continued commitment to the U.S.-Israel alliance, President Donald Trump played host to Israeli Prime Minister Benjamin Netanyahu at his Mar-a-Lago resort in Florida on December 29th. The meeting, which came just weeks before Netanyahu is set to make a historic visit to the White House, underscored the increasingly close relationship between the two leaders and their respective administrations.
The highlight of the encounter was Netanyahu's announcement that Trump would be awarded Israel's prestigious Israel Prize, the country's highest civilian honor. This represents the first time in the award's 70-year history that it has been bestowed upon a non-Israeli individual. Netanyahu praised Trump's "strong support for Israel" and "his incredible success in strengthening Israel's position in the world."
Trump, for his part, enthusiastically returned the compliments, describing Netanyahu as a "great guy" and "a great prime minister." He also used the occasion to issue a stern warning to the Palestinian militant group Hamas, vowing that the organization would face "hell to pay" if it failed to disarm and cease its violent activities against Israel.
The budding Trump-Netanyahu alliance has deep historical roots and important geopolitical implications. Both leaders have positioned themselves as unapologetic champions of conservative, nationalist politics on the world stage. Trump's decision to relocate the U.S. embassy to Jerusalem in 2017, break from the Iran nuclear deal, and take a hardline stance against the Palestinians have all been warmly embraced by Netanyahu and his right-wing government.
At the same time, the meeting came against the backdrop of growing tensions between Trump and the U.S. Federal Reserve and its chairman, Jerome Powell. In a particularly unusual move, Trump threatened to take legal action against Powell, whom he has repeatedly criticized for the central bank's recent interest rate hikes. This latest salvo underscores the president's continued efforts to exert influence over the Fed's monetary policy decisions, which he believes are hampering the strong economic growth he has touted as a key achievement of his administration.
The Trump-Netanyahu bromance has been a source of both celebration and concern on the global stage. Proponents argue that it has strengthened the U.S.-Israel alliance and bolstered Israel's position in the Middle East, particularly in the face of ongoing regional threats from Iran and militant groups like Hamas. Critics, however, contend that Trump's unwavering support for Netanyahu has emboldened the Israeli leader's more hawkish and uncompromising policies, undermining prospects for a negotiated peace settlement with the Palestinians.
The award of the Israel Prize to Trump, in particular, has drawn widespread criticism from Israeli opposition figures and civil society groups who see it as a politically-motivated attempt to further cement the Trump-Netanyahu relationship. They argue that the honor should be reserved for individuals who have made significant contributions to Israeli society and culture, not foreign leaders with controversial political agendas.
Nonetheless, the optics of Trump and Netanyahu's public display of mutual admiration are likely to resonate strongly with their respective political bases, reinforcing their images as unapologetic defenders of nationalist interests. As the 2020 U.S. presidential election looms, Trump will no doubt seek to leverage his close ties with Netanyahu and the broader pro-Israel lobby to shore up support among evangelical Christian and other key voter blocs.
Meanwhile, the president's escalating feud with the Federal Reserve and its chairman, Jerome Powell, reflects his growing frustration with what he sees as obstacles to his economic agenda. Trump's threat to sue the Fed chair is a highly unusual and potentially damaging move that could further erode the central bank's independence and credibility. It also raises concerns about the president's willingness to undermine democratic institutions in pursuit of his political goals.
As the new year dawns, the Trump-Netanyahu relationship and the president's ongoing battles with the Federal Reserve are sure to remain key focal points in the ever-evolving political landscape. Both storylines underscore the president's willingness to challenge traditional norms and pursue his agenda through unorthodox and sometimes confrontational means. How these dynamics play out in the coming months and years will undoubtedly have far-reaching implications for U.S. foreign policy, domestic politics, and the global economy.