Israeli finance minister calls banks 'scandalous' but opposes legislation
Smotrich rebuked the banks for raking in huge profits from a jump in interest rates in the past year, and criticized Israel's banking regulator for being too slow in ensuring higher rates are passed
Israeli Finance Minister Bezalel Smotrich is seen at a Religious Zionist Party faction meeting at the Knesset, in Jerusalem, on June 19, 2023.(photo credit: MARC ISRAEL SELLEM/THE JERUSALEM POST)ByREUTERSUpdated: