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Federal Reserve Chair Jerome Powell arrives to testify before the Senate Banking Committee on March 7, 2023 in Washington, D.C.
"Everyone involved in Biden's decision to renominate him must apologize," said one watchdog.
The Federal Reserve was the primary regulator of both Silicon Valley Bank and Signature Bank, whose back-to-back collapses sparked panic in financial markets and concerns about cascading impacts on the U.S. economy.
But despite immediate questions about the possible supervisory failures that allowed the banks' crises to fester, Fed Chair Jerome Powell personally intervened over the weekend to block any mention of regulatory slipups in a joint statement on the federal government's response to the situation.
The New York Timesreported late Thursday that some Biden administration officials "wanted to include that lapses in bank regulation and supervision had contributed to the problems that helped fell" Silicon Valley Bank, whose collapse marked the second-largest bank failure in U.S. history.
But Powell, an ex-investment banker originally nominated by former President Donald Trump, "pushed to take the line on regulation out of the statement because he wanted to focus on the actions being taken to shore up the financial system," according to the
Times, which cited an unnamed person familiar with the matter.
The resulting statement issued Sunday by the Fed, the Treasury Department, and the Federal Deposit Insurance Corporation (FDIC) appeared to conform to Powell's demand, not mentioning what Sen. Elizabeth Warren (D-Mass.) and watchdogs have described as glaring failures in supervision by the central bank.
The joint statement vaguely highlights "reforms that were made after the financial crisis that ensured better safeguards for the banking industry"—but neglects to mention that the Fed and Congress rolled back some of those rules in subsequent years, decisions that experts say set the stage for SVB and Signature Bank's collapse.
"That sounds a lot like putting the institutional interests of Fed and personal interests of the chair above financial stability," Americans for Financial Reform (AFR) said in response to news of Powell's intervention, which—according toThe American Prospect's David Dayen—ended up delaying the release of the statement for "an indeterminate period of time."
Dayen also reported Friday that the Fed "tried to influence" President Joe Biden's statement on the bank failures and bailout that followed.
Jeff Hauser, director of the Revolving Door Project, wrote on Twitter that "Biden should have never renominated Powell," calling the Fed chair "an abomination."
While Biden's Sunday statement doesn't specifically mention regulatory failures, the president—who renominated Powell in late 2021—said in prepared remarks the following day that "there are important questions of how these banks got into these circumstances in the first place."
"During the Obama-Biden administration, we put in place tough requirements on banks like Silicon Valley Bank and Signature Bank, including the Dodd-Frank Law, to make sure the crisis we saw in 2008 would not happen again," Biden said. "Unfortunately, the last administration rolled back some of these requirements. I'm going to ask Congress and the banking regulators to strengthen the rules for banks to make it less likely that this kind of bank failure will happen again and to protect American jobs and small businesses."
Biden was referring to a 2018 measure passed by the then-Republican-controlled Congress with the support of dozens of Democrats—and with a public endorsement from Powell.
Emboldened by the Republican-authored law—which weakened regulations for banks with between $50 billion and $250 billion in assets—the Fed under Powell's leadership proceeded to go well beyond the measure's mandates "by relaxing regulatory requirements for domestic banking institutions that have assets in the $250 to $700 billion range," then-central bank governor Lael Brainard noted in October 2018.
Brainard went on to caution, presciently, that the Fed's deregulatory actions would "weaken the buffers that are core to the resilience of our system" and result in "increased risk to financial stability and the taxpayer."
"Make no mistake: your decisions aided and abetted this bank failure, and you bear your share of responsibility for it."
As Dayen wrote Friday, "Silicon Valley Bank had billions in unrealized losses on its balance sheet that it hoped to avoid having to surface."
"It also had a tightly correlated, mostly uninsured depositor base, all largely from one industry and connected to each other, that represented significant flight risk if there were any signs of trouble," he added. "The rapid growth at the bank and its significant mismatch for liquidity purposes should have had the system flashing red."
Dennis Kelleher, the president of Better Markets, expressed a similar sentiment earlier this week, noting that "the Fed has much more and superior knowledge, information, expertise, and access to banks than short sellers, rating agencies, and the media, yet they all appear to have done a much better job at identifying the very serious risks at SVB than the Fed."
In a letter to Powell on Thursday, Warren—one of the Fed chair's most outspoken critics in Congress—laid out in detail what she characterized as the central bank's "astonishing list of failures" that contributed to the collapse of Silicon Valley Bank and Signature Bank.
"As chair of the Fed, you have led and vigorously supported efforts to weaken the regulations that would have subjected banks like SVB and Signature to stronger liquidity requirements, more robust stress testing, and routine resolution planning obligations," the Massachusetts Democrat wrote. "Make no mistake: your decisions aided and abetted this bank failure, and you bear your share of responsibility for it."
In response to the Times' reporting, Warren tweeted Friday that "the Fed chair's outrageous attempt to muzzle the rest of the government about his role in contributing to this current crisis is completely inappropriate—and it won't work."
"Congress needs to step in to fix these mistakes before things get even worse," added Warren, who introduced legislation earlier this week that would repeal a key section of the 2018 bank deregulation law.
This story has been updated to include Sen. Elizabeth Warren's reaction to the reporting on Fed Chair Jerome Powell's intervention.
Trump and Musk are on an unconstitutional rampage, aiming for virtually every corner of the federal government. These two right-wing billionaires are targeting nurses, scientists, teachers, daycare providers, judges, veterans, air traffic controllers, and nuclear safety inspectors. No one is safe. The food stamps program, Social Security, Medicare, and Medicaid are next. It’s an unprecedented disaster and a five-alarm fire, but there will be a reckoning. The people did not vote for this. The American people do not want this dystopian hellscape that hides behind claims of “efficiency.” Still, in reality, it is all a giveaway to corporate interests and the libertarian dreams of far-right oligarchs like Musk. Common Dreams is playing a vital role by reporting day and night on this orgy of corruption and greed, as well as what everyday people can do to organize and fight back. As a people-powered nonprofit news outlet, we cover issues the corporate media never will, but we can only continue with our readers’ support. |
The Federal Reserve was the primary regulator of both Silicon Valley Bank and Signature Bank, whose back-to-back collapses sparked panic in financial markets and concerns about cascading impacts on the U.S. economy.
But despite immediate questions about the possible supervisory failures that allowed the banks' crises to fester, Fed Chair Jerome Powell personally intervened over the weekend to block any mention of regulatory slipups in a joint statement on the federal government's response to the situation.
The New York Timesreported late Thursday that some Biden administration officials "wanted to include that lapses in bank regulation and supervision had contributed to the problems that helped fell" Silicon Valley Bank, whose collapse marked the second-largest bank failure in U.S. history.
But Powell, an ex-investment banker originally nominated by former President Donald Trump, "pushed to take the line on regulation out of the statement because he wanted to focus on the actions being taken to shore up the financial system," according to the
Times, which cited an unnamed person familiar with the matter.
The resulting statement issued Sunday by the Fed, the Treasury Department, and the Federal Deposit Insurance Corporation (FDIC) appeared to conform to Powell's demand, not mentioning what Sen. Elizabeth Warren (D-Mass.) and watchdogs have described as glaring failures in supervision by the central bank.
The joint statement vaguely highlights "reforms that were made after the financial crisis that ensured better safeguards for the banking industry"—but neglects to mention that the Fed and Congress rolled back some of those rules in subsequent years, decisions that experts say set the stage for SVB and Signature Bank's collapse.
"That sounds a lot like putting the institutional interests of Fed and personal interests of the chair above financial stability," Americans for Financial Reform (AFR) said in response to news of Powell's intervention, which—according toThe American Prospect's David Dayen—ended up delaying the release of the statement for "an indeterminate period of time."
Dayen also reported Friday that the Fed "tried to influence" President Joe Biden's statement on the bank failures and bailout that followed.
Jeff Hauser, director of the Revolving Door Project, wrote on Twitter that "Biden should have never renominated Powell," calling the Fed chair "an abomination."
While Biden's Sunday statement doesn't specifically mention regulatory failures, the president—who renominated Powell in late 2021—said in prepared remarks the following day that "there are important questions of how these banks got into these circumstances in the first place."
"During the Obama-Biden administration, we put in place tough requirements on banks like Silicon Valley Bank and Signature Bank, including the Dodd-Frank Law, to make sure the crisis we saw in 2008 would not happen again," Biden said. "Unfortunately, the last administration rolled back some of these requirements. I'm going to ask Congress and the banking regulators to strengthen the rules for banks to make it less likely that this kind of bank failure will happen again and to protect American jobs and small businesses."
Biden was referring to a 2018 measure passed by the then-Republican-controlled Congress with the support of dozens of Democrats—and with a public endorsement from Powell.
Emboldened by the Republican-authored law—which weakened regulations for banks with between $50 billion and $250 billion in assets—the Fed under Powell's leadership proceeded to go well beyond the measure's mandates "by relaxing regulatory requirements for domestic banking institutions that have assets in the $250 to $700 billion range," then-central bank governor Lael Brainard noted in October 2018.
Brainard went on to caution, presciently, that the Fed's deregulatory actions would "weaken the buffers that are core to the resilience of our system" and result in "increased risk to financial stability and the taxpayer."
"Make no mistake: your decisions aided and abetted this bank failure, and you bear your share of responsibility for it."
As Dayen wrote Friday, "Silicon Valley Bank had billions in unrealized losses on its balance sheet that it hoped to avoid having to surface."
"It also had a tightly correlated, mostly uninsured depositor base, all largely from one industry and connected to each other, that represented significant flight risk if there were any signs of trouble," he added. "The rapid growth at the bank and its significant mismatch for liquidity purposes should have had the system flashing red."
Dennis Kelleher, the president of Better Markets, expressed a similar sentiment earlier this week, noting that "the Fed has much more and superior knowledge, information, expertise, and access to banks than short sellers, rating agencies, and the media, yet they all appear to have done a much better job at identifying the very serious risks at SVB than the Fed."
In a letter to Powell on Thursday, Warren—one of the Fed chair's most outspoken critics in Congress—laid out in detail what she characterized as the central bank's "astonishing list of failures" that contributed to the collapse of Silicon Valley Bank and Signature Bank.
"As chair of the Fed, you have led and vigorously supported efforts to weaken the regulations that would have subjected banks like SVB and Signature to stronger liquidity requirements, more robust stress testing, and routine resolution planning obligations," the Massachusetts Democrat wrote. "Make no mistake: your decisions aided and abetted this bank failure, and you bear your share of responsibility for it."
In response to the Times' reporting, Warren tweeted Friday that "the Fed chair's outrageous attempt to muzzle the rest of the government about his role in contributing to this current crisis is completely inappropriate—and it won't work."
"Congress needs to step in to fix these mistakes before things get even worse," added Warren, who introduced legislation earlier this week that would repeal a key section of the 2018 bank deregulation law.
This story has been updated to include Sen. Elizabeth Warren's reaction to the reporting on Fed Chair Jerome Powell's intervention.
The Federal Reserve was the primary regulator of both Silicon Valley Bank and Signature Bank, whose back-to-back collapses sparked panic in financial markets and concerns about cascading impacts on the U.S. economy.
But despite immediate questions about the possible supervisory failures that allowed the banks' crises to fester, Fed Chair Jerome Powell personally intervened over the weekend to block any mention of regulatory slipups in a joint statement on the federal government's response to the situation.
The New York Timesreported late Thursday that some Biden administration officials "wanted to include that lapses in bank regulation and supervision had contributed to the problems that helped fell" Silicon Valley Bank, whose collapse marked the second-largest bank failure in U.S. history.
But Powell, an ex-investment banker originally nominated by former President Donald Trump, "pushed to take the line on regulation out of the statement because he wanted to focus on the actions being taken to shore up the financial system," according to the
Times, which cited an unnamed person familiar with the matter.
The resulting statement issued Sunday by the Fed, the Treasury Department, and the Federal Deposit Insurance Corporation (FDIC) appeared to conform to Powell's demand, not mentioning what Sen. Elizabeth Warren (D-Mass.) and watchdogs have described as glaring failures in supervision by the central bank.
The joint statement vaguely highlights "reforms that were made after the financial crisis that ensured better safeguards for the banking industry"—but neglects to mention that the Fed and Congress rolled back some of those rules in subsequent years, decisions that experts say set the stage for SVB and Signature Bank's collapse.
"That sounds a lot like putting the institutional interests of Fed and personal interests of the chair above financial stability," Americans for Financial Reform (AFR) said in response to news of Powell's intervention, which—according toThe American Prospect's David Dayen—ended up delaying the release of the statement for "an indeterminate period of time."
Dayen also reported Friday that the Fed "tried to influence" President Joe Biden's statement on the bank failures and bailout that followed.
Jeff Hauser, director of the Revolving Door Project, wrote on Twitter that "Biden should have never renominated Powell," calling the Fed chair "an abomination."
While Biden's Sunday statement doesn't specifically mention regulatory failures, the president—who renominated Powell in late 2021—said in prepared remarks the following day that "there are important questions of how these banks got into these circumstances in the first place."
"During the Obama-Biden administration, we put in place tough requirements on banks like Silicon Valley Bank and Signature Bank, including the Dodd-Frank Law, to make sure the crisis we saw in 2008 would not happen again," Biden said. "Unfortunately, the last administration rolled back some of these requirements. I'm going to ask Congress and the banking regulators to strengthen the rules for banks to make it less likely that this kind of bank failure will happen again and to protect American jobs and small businesses."
Biden was referring to a 2018 measure passed by the then-Republican-controlled Congress with the support of dozens of Democrats—and with a public endorsement from Powell.
Emboldened by the Republican-authored law—which weakened regulations for banks with between $50 billion and $250 billion in assets—the Fed under Powell's leadership proceeded to go well beyond the measure's mandates "by relaxing regulatory requirements for domestic banking institutions that have assets in the $250 to $700 billion range," then-central bank governor Lael Brainard noted in October 2018.
Brainard went on to caution, presciently, that the Fed's deregulatory actions would "weaken the buffers that are core to the resilience of our system" and result in "increased risk to financial stability and the taxpayer."
"Make no mistake: your decisions aided and abetted this bank failure, and you bear your share of responsibility for it."
As Dayen wrote Friday, "Silicon Valley Bank had billions in unrealized losses on its balance sheet that it hoped to avoid having to surface."
"It also had a tightly correlated, mostly uninsured depositor base, all largely from one industry and connected to each other, that represented significant flight risk if there were any signs of trouble," he added. "The rapid growth at the bank and its significant mismatch for liquidity purposes should have had the system flashing red."
Dennis Kelleher, the president of Better Markets, expressed a similar sentiment earlier this week, noting that "the Fed has much more and superior knowledge, information, expertise, and access to banks than short sellers, rating agencies, and the media, yet they all appear to have done a much better job at identifying the very serious risks at SVB than the Fed."
In a letter to Powell on Thursday, Warren—one of the Fed chair's most outspoken critics in Congress—laid out in detail what she characterized as the central bank's "astonishing list of failures" that contributed to the collapse of Silicon Valley Bank and Signature Bank.
"As chair of the Fed, you have led and vigorously supported efforts to weaken the regulations that would have subjected banks like SVB and Signature to stronger liquidity requirements, more robust stress testing, and routine resolution planning obligations," the Massachusetts Democrat wrote. "Make no mistake: your decisions aided and abetted this bank failure, and you bear your share of responsibility for it."
In response to the Times' reporting, Warren tweeted Friday that "the Fed chair's outrageous attempt to muzzle the rest of the government about his role in contributing to this current crisis is completely inappropriate—and it won't work."
"Congress needs to step in to fix these mistakes before things get even worse," added Warren, who introduced legislation earlier this week that would repeal a key section of the 2018 bank deregulation law.
This story has been updated to include Sen. Elizabeth Warren's reaction to the reporting on Fed Chair Jerome Powell's intervention.
Khalil's wife said that "officers in plain clothes—who refused to show us a warrant, speak with our attorney, or even tell us their names—forced my husband into an unmarked car and took him away from me."
The family of Mahmoud Khalil, a legal permanent resident of the United States now at risk of deportation because he helped lead pro-Palestinian protests at Columbia University last spring, on Friday released a video of his recent arrest by U.S. Department of Homeland Security agents in New York City, which has sparked legal battles and protests.
"You're watching the most terrifying moment of my life," Khalil's wife, Noor, said in a statement about the two-minute video. "This felt like a kidnapping because it was: Officers in plain clothes—who refused to show us a warrant, speak with our attorney, or even tell us their names—forced my husband into an unmarked car and took him away from me."
"Everyone should be alarmed and urgently calling for the freedom of Mahmoud and all other students under attack for their advocacy for Palestinian human rights."
"They threatened to take me too, even though we were calm and fully cooperating. For the next 38 hours after this video, neither I or our lawyers knew where Mahmoud was being held. Now, he's over 1,000 miles from home, still being wrongfully detained by U.S. immigration," said Noor, whose husband is detained at a facility in Jena, Louisiana.
Noor, who is eight months pregnant, noted that "Mahmoud has repeatedly warned of growing threats from Columbia University and the U.S. government unjustly targeting students who want to see an end to Israel's genocide in Gaza. Now, the Trump administration and DHS are targeting him, and other students too."
"Mahmoud is clearly the first of many to be illegally repressed for their speech in support of Palestinian rights," she added. "Everyone should be alarmed and urgently calling for the freedom of Mahmoud and all other students under attack for their advocacy for Palestinian human rights."
Khalil, who finished his graduate studies at Columbia in December, is an Algerian citizen of Palestinian descent. He was living in the United States with a green card until his arrest on Saturday. In response to a filing by his legal team—which includes Amy Greer from Dratel & Lewis, the Center for Constitutional Rights (CCR), and the Creating Law Enforcement Accountability & Responsibility (CLEAR) project—a judge has temporarily blocked his deportation.
The ACLU and its New York arm have joined Khalil's legal team, and his attorneys filed an amended petition and complaint on Thursday. NYCLU executive director Donna Lieberman said that with the new "filing, we are making it crystal clear that no president can arrest, detain, or deport anyone for disagreeing with the government. The Trump administration has selectively targeted Mr. Khalil, a student, husband, and father-to-be who has not been accused of a single crime, to send a message of just how far they will go to crack down on dissent."
"But we at the NYCLU and ACLU won't stand for it—under the Constitution, the Trump administration has no basis to continue this cruel weaponization of Mr. Khalil's life," Lieberman added. "The court must release Mr. Khalil immediately and let him go home to his family in New York, where he belongs. Ideas are not illegal, and dissent is not grounds for deportation."
Samah Sisay of CCR reiterated those messages as the arrest video circulated on Friday, saying that "Mr. Khalil was taken by plainclothes DHS agents in front of his pregnant wife without any legal justification. Mr. Khalil must be freed because the government cannot use these coercive tactics to unlawfully suppress his First Amendment protected speech in support of Palestinian rights."
"Between his massive conflicts of interest across the healthcare sector and his endorsement of further privatizing Medicare, Oz would be a threat to the health of tens of millions of Americans," said one opponent.
Progressive watchdog organizations responded to the U.S. Senate Finance Committee's Friday hearing for Dr. Mehmet Oz by again sounding the alarm about the heart surgeon and former television host nominated to lead a key federal healthcare agency.
Since President Donald Trump announced Oz as his nominee for administrator of the Centers for Medicare and Medicaid Services (CMS) last November, opponents have spotlighted the doctor's promotion of unproven products, investments in companies with interests in the federal agency, and support for expanding Medicare Advantage during an unsuccessful U.S. Senate run in 2022.
"Dr. Oz's career promoting dubious medical treatments and pseudoscience often for personal financial gain should immediately disqualify him from serving in any public health capacity, let alone in a top administration health post," Accountable.US executive director Tony Carrk said in a Friday statement.
"Dr. Oz's nomination is part of President Trump's grand plan to enrich his corporate donors and wealthy friends while the rest of us get higher costs, less coverage, and weakened protections."
In December, Carrk's group found that based on disclosures from Oz's 2022 run against U.S. Sen. John Fetterman (D-Pa.), the Republican doctor reported "up to $56 million in investments in three companies" with direct CMS interests—including Sharecare, which became the "exclusive in-home care supplemental benefit program" for 1.5 million Medicare Advantage enrollees.
A spokesperson said at the time that Oz has since divested from Sharecare. However, critics have still expressed concern about how the nominee's confirmation could boost Republican efforts to expand Medicare Advantage—health insurance plans for seniors administered by private companies rather than the government.
"As a self-interested advocate of privatizing Medicare at a higher cost and more denials of care for seniors, Dr. Oz is surely eager to enact the Trump-Republican budget plan to gut Medicare and Medicaid and jeopardize health coverage for millions of Americans—all to pay for more tax breaks for billionaires and price gouging corporations," said Carrk. "Dr. Oz's nomination is part of President Trump's grand plan to enrich his corporate donors and wealthy friends while the rest of us get higher costs, less coverage, and weakened protections—especially those with preexisting conditions."
As he faces Senate confirmation, remember that Dr. Oz: -Pushed Medicare privatization plans on his show -Owns ~$600k in stock in private insurers -Has ties to pyramid scheme companies that promote fake medical cures His main qualification to oversee CMS is loyalty to Trump.
— Robert Reich ( @rbreich.bsky.social) March 14, 2025 at 1:41 PM
Robert Weissman, co-president of the consumer advocacy group Public Citizen, has been similarly critical of Oz, and remained so after senators questioned him on Friday, saying in a statement that "Mehmet Oz showed he is profoundly unqualified to lead any part of our healthcare system, let alone an agency as important as CMS."
"Between his massive conflicts of interest across the healthcare sector and his endorsement of further privatizing Medicare, Oz would be a threat to the health of tens of millions of Americans," Weissman warned. "Privatized Medicare Advantage plans deliver inferior care and cost taxpayers nearly $100 billion annually in excess costs."
"It is time for President Trump to put down the remote, stop finding nominees on television, and instead nominate people with actual experience and a belief in the importance of protecting crucial health programs like Medicare and Medicaid," he argued, taking aim at not only the president but also his billionaire adviser Elon Musk, head of the so-called Department of Government Efficiency and, Robert F. Kennedy Jr., the conspiracy theorist now running the Department of Health and Human Services.
Weissman declared that "Trump, Musk, and RFK Jr. fail to put the American people first as they seek to gut agencies and make dangerous cuts to health programs to fund tax cuts for billionaires. Oz indicated he would not oppose such cuts, bringing more destruction to lifesaving programs. Oz has no place in government and should be roundly rejected by every senator."
During a Friday exchange with Sen. Ron Wyden (D-Ore.), the committee's ranking member, Oz refused to decisively commit to opposing cuts to Medicaid. As the Alliance for Retired Americans highlighted, Oz kept that up when given opportunities to revise his answer by Sens. Ben Ray Luján (D-N.M.) and Michael Bennet (D-Colo.).
Other moments from the hearing that garnered attention included Oz's exchange with Sen. Catherine Cortez Masto (D-Nev.) about Affordable Care Act tax credits and Sen. Maggie Hassan (D-N.H.) calling out the doctor for his unwillingness "to take accountability for" his "promotion of unproven snake oil remedies" to millions of TV viewers.
Betar—which the pro-Israel Anti-Defamation League has blacklisted after comments like "not enough" babies were killed in Gaza—says it provided "thousands of names" for possible arrest and expulsion.
Betar, the international far-right pro-Israel group that took credit for the Department of Homeland Security's arrest of former Columbia University graduate student and permanent U.S. resident Mahmoud Khalil for protesting the annihilation of Gaza, claimed this week that it has sent "thousands of names" of Palestine defenders to Trump administration officials for possible deportation.
"Jihadis have no place in civilized nations," Betar said on social media Friday following the publication of a Guardian article on the extremist group's activities.
Earlier this week, Betar said: "We told you we have been working on deportations and will continue to do so. Expect naturalized citizens to start being picked up within the month. You heard it here first. Those who support jihad and intifada and originate in terrorist states will be sent back to those lands."
Betar has been gloating about last week's arrest of Khalil, the lead negotiator for the group Columbia University Apartheid Divest during the April 2024 Gaza Solidarity Encampment.
On Thursday, immigration officers arrested another Columbia Gaza protester, Leqaa Kordia—a Palestinian from the illegally occupied West Bank—for allegedly overstaying her expired student visa. Kordia was also arrested last April during one of the Columbia campus protests against the Gaza onslaught.
On Friday, the Department of Homeland Security (DHS) said that Ranjani Srinivasan, an Indian doctoral student at Columbia whose visa was revoked on March 5 for alleged involvement "in activities supporting" Hamas—the Palestinian resistance group designated as a terrorist organization by the U.S. government—used the Customs and Border Protection's self-deportation app and, according to media reports, has left the country.
Khalil and Kordia's arrests come as the Trump administration targets Columbia and other schools over pro-Palestinian protests under the guise of combating antisemitism, despite the Ivy League university's violent crackdown on demonstrations and revocation of degrees from some pro-Palestine activists.
U.S. President Donald Trump, who in January signed an executive order authorizing the deportation of noncitizen students and others who took part in protests against Israel's war on Gaza, called Khalil's detention "the first arrest of many to come."
The Department of Justice announced Friday that it is investigating whether pro-Palestinian demonstrators at the school violated federal anti-terrorism laws. This followed Thursday's search of two Columbia dorm rooms by DHS agents and the cancellation earlier this month of $400 million worth of funding and contracts for Columbia because the Trump administration says university officials haven't done enough to tackle alleged antisemitism on campus.
On Friday, Betar named Mohsen Mahdawi, a Palestinian studying philosophy at Columbia, as its next target.
Critics have voiced alarm about Betar's activities, pointing to the pro-Israel Anti-Defamation League's recent designation of the organization as a hate group. Founded in 1923 by the early Zionist leader Ze'ev Jabotinsky, Betar has a long history of extremism. Its members—who included former Israeli Prime Ministers Yitzhak Shamir and Menachem Begin—took part in the Zionist terror campaign against Palestinian Arabs and British forces occupying Palestine in the 1940s.
Today, Betar supports Kahanism—a Jewish supremacist and apartheid movement named after Meir Kahane, an Orthodox rabbi convicted of terrorism before being assassinated in 1990—and is linked to Israeli Prime Minister Benjamin Netanyahu's Likud Party. The group has called for the ethnic cleansing and Israeli recolonization of Gaza. During Israel's assault on the coastal enclave, which is the subject of an International Court of Justice genocide case, its account on the social media site X responded to the publication of a list of thousands of Palestinian children killed by Israeli forces by saying: "Not enough. We demand blood in Gaza!"
Ross Glick, who led the U.S. chapter of Betar until last month, told The Guardian that he has met with bipartisan members of Congress who support the group's efforts, naming lawmakers including Sens. Ted Cruz (R-Texas) and John Fetterman (D-Pa.). Glick also claimed to have the support of "collaborators" who use artificial intelligence and facial recognition to help identify pro-Palestine activists. Earlier this month, the U.S. State Department said it was launching an AI-powered "catch and revoke" program to cancel the visas of international students deemed supportive of Hamas.
Betar isn't alone in aggressively targeting Palestine defenders. The group Canary Mission—which said it is "delighted" about Khalil's "deserved consequences"—publishes an online database containing personal information about people it deems antisemitic, and this week released a video naming five other international students it says are "linked to campus extremism at Columbia."
Shai Davidai, an assistant professor at Columbia who was temporarily banned from campus last year after harassing university employees, and Columbia student David Lederer, have waged what Khalil called "a vicious, coordinated, and dehumanizing doxxing campaign" against him and other activists.
Meanwhile, opponents of the Trump administration's crackdown on constitutionally protected protest rights have rallied in defense of Khalil and the First Amendment. Nearly 100 Jewish-led demonstrators were arrested Thursday during a protest in the lobby of Trump Tower in New York City demanding Khalil's release.
"We know what happens when an autocratic regime starts taking away our rights and scapegoating and we will not be silent," said Sonya Meyerson-Knox, the communications director for Jewish Voice for Peace. "Come for one—face us all."