‘I’m not an investment advisor, but you can see that if you were not in Israel in the past two years, you probably missed out, if Israel was not part of your portfolio,’ Seffy Zinger, chair of the Israel Securities Authority, told JI
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Laurence D. Fink (R), co-founder, chairman and CEO of BlackRock, speaks next to Milken Institute chairman Michael Milken during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 5, 2026.
LOS ANGELES — The Israeli financiers, investors and entrepreneurs who attended last week’s Milken Institute Global Conference in Beverly Hills almost couldn’t make it. Just weeks earlier, after all, the country’s airspace had been largely closed as war raged with Iran.
But aside from their slight fear that the fragile ceasefire would fall apart and leave them stranded in the United States, the Israelis who participated in the marquee conference of global finance brought an upbeat attitude about Israel’s economy, even two-and-a-half years into near-constant war that began with Hamas’ Oct. 7, 2023, attacks.
“When the war began, I think none of us — none of the regulators in Israel, and almost none of the players or the investors in Israel — thought or believed that after two-and-a-half years of war, Israel would show such growth, such resilience,” Seffy Zinger, chair of the Israel Securities Authority, told Jewish Insider in an interview. (The ISA is Israel’s equivalent of the U.S. Securities and Exchange Commission.)
Zinger was at Milken to spread the message that global financiers should consider investing in the Israeli economy, and in particular the Tel Aviv Stock Exchange, despite the doom-and-gloom headlines about the Middle East.
“I’m not an investment advisor, but you can see that if you were not in Israel in the past two years, you probably missed out, if Israel was not part of your portfolio. So I think Israel is becoming a very interesting place economically,” he said.
The shift away from Israel in American politics did not appear to be reflected at this gathering of global business elites: Natti Ginor, a managing director at Jefferies and the bank’s head of Israel investment banking, pitched Israel at the conference as a financial capital in the Middle East. Blackstone’s Tel Aviv-based senior managing director, Yifat Oron, was also there talking about her work leading the firm’s investments in Israel.
“When we are talking to investors and the big players, what I see is a lot of interest in Israel, and I think the economy and the numbers speak for themselves,” said Zinger.
Dror Barak traveled to Los Angeles from Israel to meet developers and investors from across the Middle East, including Saudi Arabia, the United Arab Emirates and the Palestinian territories. He is the founder of Align Capital, an infrastructure-focused private equity firm that is working on projects related to IMEC, the India-Middle East-Europe Economic Corridor — a planned project meant to further economic cooperation across wide swathes of the world. Its development has stalled since the Oct. 7 terror attacks and the ensuing war, but behind the scenes, progress is being made.
“The war, I don’t like to say it, but with all the bad things it also pushed us toward a new era of cooperation,” Barak told JI last week. “The war made us on the same side. It’s the first time in history that we, the UAE [and] Saudi are on the same side. We are all against, publicly or less publicly, Iran. With the United States, of course. So this is a very, very, very dramatic thing, and it’s changed dramatically the nature of our relationship.” IMEC has been floated as an alternative for global shipping amid turbulence in the Strait of Hormuz.
Barak acknowledges that Israel’s reputation has suffered: “Yes, it’s an issue,” he said. But he argued that the work of investing in cross-regional infrastructure must happen, even if the geopolitical situation remains unresolved.
“I’m not waiting for the American public to dedicate my direction, and I’m not waiting for [Israeli Prime Minister Benjamin Netanyahu] or [President Donald Trump] to do some peace,” said Barak. “We promote Arabs and Jews working together. So everywhere that you are looking, I think that we are doing the right thing — the right thing for Israel, the right thing for the region and the right thing for the global politics that want to support the right forces.”
Last year was a banner one for Israeli startups, and the country’s GDP rebounded last year after slowing in 2023 and 2024. But challenges remain. Bentzion Levinson, founder and CEO of Heven AeroTech, an American company with a large Israeli workforce, said there were times that more than one-third of his employees were out of the office doing reserve duty in the Israeli military.
“To this day, we have an average of 10 to 20% of our employees in reserves, around the clock. So I think it’s a challenge. But challenges build strength,” Levinson told JI in Los Angeles. His company’s creation of pioneering long-range stealth drones has driven contracts with the U.S. military and earned a unicorn valuation.
“A lot of things are taking a toll on families [and the] personal, but I think people are strong and they realize that there’s no other choice,” said Levinson. “I think it’s gonna be a decade of significant growth in Israel, especially in the defense tech world … it’s a challenge, but I think the Israeli people can overcome it.”
Zinger, the ISA chair, was attending Milken with his chief of staff, who spent nearly 400 days serving in the reserves after Oct. 7. Responsibilities got juggled; some days the staffer would work three days and do reserve duty for two days. There was no choice but to adapt. And that flexibility, Zinger argued, is part of why Israel’s economy has performed better than anyone expected during the war.
“I think this is part of the strength of the Israeli community and society, exactly these kinds of things, and of course, without that strength, the performance that we see could not have happened,” said Zinger. “It’s something that I think we learn how to live with.”
The executives, philanthropists and politicians who attended the gathering took note of the increasingly populist moment while discussing how to remedy some of the legitimate concerns of Americans
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US musician and tech entrepreneur Will.i.am shakes hands with Editorial Director of Bloomberg, Erik Schatzker, during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 5, 2026.
The country’s consummate insiders gathered at the Milken Institute Global Conference in Beverly Hills this week. But far away from the five-star hotels where attendees closed business deals and mingled over salmon bento boxes, there is concern over an anti-elite sentiment that is dominating American politics.
The executives, philanthropists and politicians who attended the gathering took note of this increasingly populist moment while discussing how to remedy some of the legitimate concerns of Americans.
There were sessions focused on protecting the workforce in the face of disruption from AI, and on retirement planning for gig economy workers who cannot contribute to a typical 401(k). Behind the scenes, Trump Accounts — tax-advantaged savings accounts for American children, with $1,000 kicked in from Uncle Sam — were a big topic of conversation.
As some of America’s most important decision-makers discussed the turbulent downstream impacts of the AI boom, and the sense that many people are feeling left behind, a related topic that animated the many Jewish executives and investors who attended the conference.
They worry that the intermingling of populism and antisemitism, already heightened following the Oct. 7 Hamas attacks on Israel two and a half years ago, represents a dangerous combination.
“Antisemitism is a manifestation of extremism and populism,” TD Bank Vice Chair Jeffrey Solomon told Jewish Insider. “Extremism on the left and extremism on the right, neither one of those is good for us as Jews, but it’s not good for a lot of people.”
Solomon, a major Jewish philanthropist who chairs the board of the Foundation for Jewish Camp, spoke on a panel at Milken about macroeconomic trends. He said that fighting antisemitism requires also understanding that the problems in society run deeper than just anti-Jewish hate.
“Our job isn’t necessarily to just cure antisemitism. The job is to get at the root cause of what’s causing there to be stress in society. We have to acknowledge that the policies that have gotten us to this place have not been inclusive enough for enough people,” said Solomon, which requires “enabling [people] to be able to find their own path and be successful. The people that can make that happen are at this conference, and if we do that, antisemitism will take care of itself, because there will be no need for it.”
Sara Eisen, a CNBC reporter who was at the conference to moderate several conversations with big-name principals like Citadel CEO Ken Griffin, told JI she heard concerns about antisemitism, and the broader political environment, raised in conversation with other high-profile attendees.
“They see what’s happening in the political world. They see what’s happening in geopolitics,” she said. “This is the sideline conversation.”
At a Tuesday panel about antisemitism, Steven Weitzman, director of the Center of Advanced Judaic Studies at the University of Pennsylvania, made the case that antisemitism is itself anathema to the ideals espoused by Milken attendees.
“Not only is antisemitism the hatred of the Jews,” said Weitzman, “it’s also opposition to globalization, it’s opposition to what this very conference represents, which is peaceful cooperation across national borders.”
Eisen, who has been moderating panels at the Milken Institute conference, said the rise in anti-Jewish hate has been the ‘sideline conversation’ all week
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Sara Eisen at Sportico Invest in Sports New York 2025 at Nasdaq HQ on Nov. 4, 2025 in New York.
LOS ANGELES — CNBC anchor Sara Eisen is a fixture at the annual Milken Institute Global Conference in Los Angeles, where she moderates marquee events, such as a one-on-one interview on Tuesday with Ken Griffin, CEO of the hedge fund Citadel.
But the real reason that Eisen — along with scores of billionaire investors and business executives — comes to Beverly Hills for the exclusive annual gathering is for the conversations happening far from the main stages. And much of the conversation Eisen is hearing this week, she told Jewish Insider, has to do with the dramatic rise in antisemitism in recent years.
“To a large extent, I reflect a lot of what the sources that I speak to [say]. That’s investors, and it’s business leaders, and it’s private equity leaders,” Eisen said in an interview during the conference, after she wrapped up moderating a conversation with the CEO of Carlyle, the co-president of Morgan Stanley, the chairman and CEO of State Street and the CEO of the California Public Employees’ Retirement System.
“A lot of these people, Jewish and non-Jewish, talk to me about it. They know about my background. They know my perspective. They see what’s happening in the political world. They see what’s happening in geopolitics,” she continued. “This is the sideline conversation.”
The issue isn’t new for Eisen. Her grandfather was a Holocaust survivor, and he talked openly about his experiences. “I have always been someone with a really strong Jewish identity,” she said. But something began to change for her after the Oct. 7, 2023, Hamas attacks in Israel, and it seeped into her professional work.
“I think for a lot of us, after Oct. 7, it was a wake-up call that we need to speak out more about these issues. I try to use my platform to bring awareness and education to issues like antisemitism, because I care about it,” said Eisen.
During a guest appearance on “The View” in March, she criticized former Trump administration official Joe Kent, who resigned from his position as director of the National Counterterrorism Center in March, for blaming Washington’s war with Iran on Israel.
“It is a very old-school, antisemitic trope to blame the Jews and to blame Israel. It’s as old as time,” Eisen said on “The View.” “It is a classic case of quintessential antisemitism, and by the way it is a dangerous time to do that because the Jews are under attack, and we’re fortifying our synagogues and our schools.”
In an April interview with Sen. Elizabeth Warren (D-MA), Eisen pressed Warren on her support for Maine Senate candidate Graham Platner, despite the fact that the Democrat had a tattoo of a Nazi symbol and praised military tactics used by Hamas. “I’m just curious why you think he’s your ‘kind of man,’” Eisen said, referencing Warren’s description of Platner at a recent campaign event.
Warren defended Platner, noting that he apologized for the tattoo and his history of insensitive remarks. Eisen drilled down on Platner’s praise of Hamas tactics: “You guys want to be the party of inclusivity, right?”
“I want to be the party that stands up for hard-working people,” was Warren’s response. “I want us to be the party that actually delivers on lowering costs and that expands opportunities, and that’s what Graham Platner wants to do, and I’m there to stand with him and to help in that fight.”
Eisen is known as a no-nonsense TV anchor with an occasional snarky streak and an aptitude for finance and economic trends. She covers the news, and lately, she sees antisemitism in the headlines — and feels a particular obligation to cover it.
“I think that the world’s changed,” Eisen said. “There is now this raging outburst of antisemitism, and it’s a societal issue, and I have a background and a perspective on it. And I think it feeds directly into stories we’re doing about the economy and society and geopolitics.”
Reporters, Eisen argued, should not pretend they do not have backgrounds that affect the issues they cover. For her, that means talking about being Jewish, and spotlighting the rise in antisemitism. It stands out at a time when questions like the ones she asked Warren are not necessarily echoed by other top reporters at national outlets.
“As journalists, we’re also people. We have families, we have religions, we have backgrounds, we have history. I try not to inject those opinions, but I do think perspective matters,” she said. “Nobody wants to be interviewed by robots.”
The result is even more social media vitriol than she has always received as a prominent media figure. Only now, it’s antisemitic.
“I feel the heat, and that’s definitely a calculated risk, and it’s unfortunate and it’s unpleasant,” said Eisen. “But I also feel like if, if we’re not asking these questions and we’re not speaking up about these issues, then then nobody will. So we need to.”
Former Virginia governor, on panel with Rahm Emanuel: ‘This was a moment for us to address something that has been festering for 50 years’
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Former Virginia Gov. Glenn Youngkin (R) and U.S. Ambassador to Japan Rahm Emanuel speak during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 5, 2026.
LOS ANGELES — Amid declining public support for the U.S. military action against Iran, Virginia’s former Republican governor, Glenn Youngkin, defended President Donald Trump’s Middle East policies in a Tuesday address at the Milken Institute Global Conference in Los Angeles.
“I believe what has been briefed out: that the need to intervene immediately was real, and therefore this was a moment for us to address something that has been festering for 50 years and that has been the bane — the bane of safety and the bane of the entire region for 50 years,” said Youngkin, who held office until January. “I support us solving this now.”
Youngkin was speaking on a panel at the Beverly Hills convening with former Chicago Mayor Rahm Emanuel, a Democrat, both of whom are considered potential future presidential candidates. Youngkin stood by his support for Trump’s war against Iran even amid conversation about the growing number of younger Americans, Republicans included, who are questioning Trump’s more interventionist approach to global conflicts.
“We have seen a decimation of their military capabilities,” Youngkin said of Iran. “We should drive this to its finish.”
Emanuel has amped up his criticism of Israel in recent months. He argued on Tuesday that eroding American support for Israel can be traced back to Israeli Prime Minister Benjamin Netanyahu’s 2015 speech to Congress, when he bypassed President Barack Obama, angering many Democrats. But Emanuel also noted that even Republicans are less sympathetic to Israel than they used to be.
Youngkin, however, maintained that supporting Israel is the right thing to do.
“Who do we stand with? I think we should stand with Israel. I just do,” he said.
‘Every elected official is going to have to decide where he or she stands, and what you believe,’ the Republican Texas senator told JI
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Sen. Ted Cruz (R-TX) speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 4, 2026.
Sen. Ted Cruz (R-TX) has for months been raising the alarm about the growing threat of antisemitism on the American right. During a visit to Los Angeles for the Milken Institute Global Conference, he called for elected officials — including in his own party — to take a clear stand on the issue.
“I don’t want to wake up in five years and find ourselves in a country where both major political parties are unequivocally anti-Israel and unapologetically antisemitic. And I think that is a very real threat,” Cruz told Jewish Insider in an interview on Monday at the Milken conference.
Among populist young conservatives, where the MAGA ideology of President Donald Trump has given way to an isolationist, America First worldview, Cruz sees a big shift on Israel.
“Every elected official is going to have to decide where he or she stands, and what you believe,” said Cruz. “As Ronald Reagan said more than 50 years ago, this is a time for choosing, and each person can decide where he or she stands.”
When pressed about Vice President JD Vance — who, through his choice of staffers and comments suggesting skepticism of interventionist policies, is increasingly seen as sympathetic to younger conservatives’ worldviews — Cruz did not come to the vice president’s defense.
“You got my answer,” Cruz told JI.
The Texas Republican was at Milken to speak on a panel about economic mobility. But Cruz was also eager to talk about what he saw as exciting developments in the war with Iran. He called for what he described as “regime collapse” in Iran: the U.S. working to free Iran from authoritarian religious leaders without necessarily sticking around to replace them with a new leader.
He called for a more muscular U.S. approach to Iran; he wants to see the U.S. arming the Iranians, the Kurds and the Peshmerga — whatever it takes to bring down the Islamic Republic.
“Removing that regime from power is unambiguously in America’s national security interest. Now, that does not mean we should engage in nation-building, and I have no delusions that we’re going to go transform Iran into some democratic utopia [or] we’re going to turn Iran into Switzerland. That’s not our job,” said Cruz. “For 25 years, Republican foreign policy has operated under what [former Secretary of State] Colin Powell described as the Pottery Barn rule: ‘You break it, you buy it.’ I think that’s nonsense.”
Plus, Milken's Global Conference kicks off
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U.S. President Donald Trump waves to the media after walking off of Air Force One at Miami International Airport on April 11, 2026 in Miami, Florida.
Good Monday morning.
In today’s Daily Kickoff, we preview this week’s Milken Institute Global Conference in Los Angeles, and look at the state of play in the Middle East as President Donald Trump rejects Iran’s latest proposal to end the war. We have the scoop on a new Title VII complaint filed by the Brandeis Center against the National Education Association, and report on the University of Michigan’s apology after a faculty member bashed Israel while delivering a commencement address during the weekend’s graduation ceremonies. Also in today’s Daily Kickoff: Victor Schwartz, Yael Shelbia and Morgan Ortagus.
Today’s Daily Kickoff was curated by JI Executive Editor Melissa Weiss and Israel Editor Tamara Zieve, with an assist from Danielle Cohen-Kanik. Have a tip? Email us here.
What We’re Watching
- We’re keeping an eye on the launch of the U.S.’ “Project Freedom” effort — announced by President Donald Trump on Sunday — to guide vessels out of the Strait of Hormuz. Iran has since warned the U.S. Navy against entering the waterway. The U.S. military denied a claim earlier today that Iran hit an American warship trying to enter the strait. More below.
- The Milken Institute Global Conference kicked off yesterday in Los Angeles and runs through Wednesday. More below on what to expect at this year’s summit. JI’s Gabby Deutch is on the ground covering the Milken conference — drop her a line if you’re there, too.
- In Washington, U.S. Under Secretary for Public Diplomacy Sarah Rogers is slated to meet this morning with Lior Haiat, the Israeli Ministry of Foreign Affairs’ deputy director-general for North America.
- Tonight in New York, The Jewish Center is hosting a candidate roundtable with Micah Lasher and Alex Bores, two of the candidates vying to succeed Rep. Jerry Nadler (D-NY) in New York’s 12th Congressional District.
- Lag B’Omer begins tonight. In Israel, police are preparing for potential unrest in the vicinity of Mt. Meron, a Hasidic pilgrimage site where thousands have gathered annually for the holiday. Law enforcement scaled back the celebrations out of concern that the site, in northern Israel, could become a target for Hezbollah.
- The Pulitzer Prize Board will announce the winners of the 2026 prizes at 3 p.m. ET.
- A bevy of high-profile guests are slated to attend tonight’s Met Gala, with attendees dressed according to this year’s theme, “Costume Art.” This year marks the first that Jeff Bezos and Lauren Sánchez Bezos are serving as cosponsors and lead chairs of the annual event.
What You Should Know
A QUICK WORD WITH JI’S GABBY DEUTCH
A who’s who of global decision-makers is gathering today at the iconic Beverly Hilton hotel in Los Angeles for this year’s annual Milken Institute Global Conference. Investors, philanthropists and business executives from around the world will hobnob with pro athletes, movie stars and politicians.
The four-day convening is billed as a way for global leaders to address some of the world’s biggest challenges. According to event organizers, this year’s conference is focused on building “a more sustainable, equitable and resilient future” in the face of “recent disruption and innovation.” In other words: What are the most powerful innovators in the world going to do about artificial intelligence?
AI is shaping up to be the buzzword at Milken, just like it is everywhere else right now. Govs. Ron DeSantis of Florida and Gretchen Whitmer of Michigan will each be talking on Monday about developing a competitive workforce. Sens. Bill Hagerty (R-TN) and Mark Warner (D-VA) will speak on a panel with Alphabet President Ruth Porat and Meta President Dina Powell McCormick about disruptions to the American workforce. Perhaps the most anticipated speaker of the day is Nvidia CEO Jensen Huang.
A closed-door session today about ties between Silicon Valley, Washington and the Middle East features UAE Ambassador to the U.S. Yousef Al Otaiba, Israeli-born Silicon Valley investor Elad Gil, Abu Dhabi department of health chair Mansoor Ibrahim Al Mansoori and Jacob Helberg, the U.S. under secretary of state for economic affairs.
UNSTEADY GROUND
Mideast ceasefires shaky on three fronts, as Trump declares Iran’s terms ‘not acceptable’

Iran’s latest proposal for a ceasefire is unacceptable, President Donald Trump said on Sunday, as the tenuous ceasefire in Lebanon continued to hold in name only and as Israel weighed whether to resume combat in Gaza, citing Hamas’ refusal to disarm, Jewish Insider’s Lahav Harkov reports. “It’s not acceptable to me,” Trump told Israeli public broadcaster Kan of Iran’s proposed ceasefire terms. “I’ve studied it; I’ve studied everything. It’s not acceptable.”
State of play: Iran submitted a proposal on Thursday that reportedly includes an end to the fighting, after nearly a monthlong ceasefire, and the reopening of the Strait of Hormuz in the next 30 days. Talks about the Islamic Republic’s nuclear plan would only begin after that, with an initial offer of a 15-year pause in uranium enrichment. On Sunday, Trump announced “Project Freedom,” an endeavor by which, he wrote on Truth Social, the U.S. would “guide … ships out of these restricted waterways” in the Strait of Hormuz.






































































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