Against the backdrop of the Knesset Speaker's speech: the dollar continues to rise

"On the eve of the New Year, the State of Israel stands on the brink of crossroads. The need to balance between authorities is sharpening more than ever, as it seems that even the one boundary that has not been crossed yet – the annulment of Basic Laws by the judiciary – may, God forbid, be breached. Tonight, as the Speaker of the Knesset, I seek to set a firm tone: there can and should be no dispute about whether the Knesset empowered the Supreme Court to invalidate or amend Basic Laws. The answer to this is clear, and no one can claim otherwise: No. There is nothing in legislation that authorizes, even indirectly, the courts to do so."

Total backing in the coalition for the Knesset Speaker's speech

In the coalition, following Amir Ohana's speech, Finance Minister Bezalel Smotrich stated, "I support Knesset Speaker and my colleague Amir Ohana for his important remarks. The Supreme Court has no authority to judge or invalidate Basic Laws. The very discussion of petitions to invalidate Basic Laws is a challenge to the Knesset and Israeli democracy, and it once again underscores the importance of the reforms in the legal system that we are leading."

Justice Minister Yariv Levin also supported Ohana: "I commend Knesset Speaker Amir Ohana for his courageous speech and his unwavering stance regarding the Knesset's position and its authority. I hope that his words will find receptive ears among the justices of the Supreme Court, and that the court will respect the authority of the government and the Knesset, and the sovereignty of the people."