May 3, 2026 - 18:31

The government has approved the appointment of Israel Malachi as the new director-general of the Finance Ministry, a move that has drawn sharp criticism from opposition figures. Malachi is a close associate of Finance Minister Bezalel Smotrich, raising concerns over the politicization of a key bureaucratic post.
Malachi previously served as the treasurer of the Yesha Council, the administrative body that oversees over 40 Israeli settlements in the West Bank. His background in settlement governance and his direct ties to Smotrich have led opponents to argue that the appointment prioritizes ideological loyalty over professional merit.
Critics say the role of director-general is meant to be apolitical, managing the ministry's day-to-day operations and budget. They worry that Malachi's appointment could shift the ministry's focus toward settlement expansion and other hardline policies. Supporters, however, defend the choice, noting that Malachi has extensive experience in financial management and public administration.
The approval comes as the government continues to push forward with a controversial judicial overhaul and budget negotiations. Malachi will replace the previous director-general, who stepped down earlier this year. His tenure is expected to begin immediately, with a mandate to oversee the ministry's operations and implement Smotrich's economic agenda.
August 2, 2026 - 01:01
Federal Signal (FSS) Is Up 5.1% After Record Q2 2026 And Raised Sales OutlookFederal Signal Corporation saw its stock climb 5.1 percent over the past week after the company posted record results for the second quarter of 2026. The industrial group reported sales of 670.2...
August 1, 2026 - 02:36
Willis Lease Finance (WLFC) Signs Five Year Pratt And Whitney Engine Storage DealWillis Lease Finance has signed a five year agreement with Pratt and Whitney to provide engine storage and lease return services. The deal broadens the company`s footprint in the aviation...
July 31, 2026 - 18:00
SpaceX to release first earnings report: What investors are looking forElon Musk`s rocket and satellite company SpaceX will publish its first earnings report as a publicly traded entity on Tuesday, August 4. The release comes just over two months after the company...
July 31, 2026 - 01:21
How the SEC is clearing the path for more companies to go publicSecurities and Exchange Commission Chairman Paul Atkins is pushing to open the door wider for companies to launch initial public offerings. His main strategy: cutting through the thicket of...