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Regulators shutter bank co-founded by Jewish donor Scott Shay
(JTA) — Following the failure of Silicon Valley Bank, federal regulators have shuttered Signature Bank, whose chairman, Scott Shay, is a major donor to Jewish causes.
The New York-based bank was closed on Sunday, two days after Silicon Valley Bank’s collapse, stoking panic in the markets and assurances from President Joe Biden on Monday that the banking system was safe.
Both Signature Bank and Silicon Valley Bank shut down because of depositor runs on their holdings. In Signature’s case, the run was triggered by concerns that the bank was one of just a handful that welcomed deposits in cryptocurrency, a market that crashed over the course of 2022.
Signature specialized in deposits from realtors and lawyers. It drew scrutiny from regulators in 2018 for its relationship with people in the circle of then-President Donald Trump, including his Jewish son-in-law and senior adviser, Jared Kushner.
Shay co-founded Signature Bank in 1999 with Joseph DePaolo and received the backing of one of Israel’s major banks, Bank Hapoalim. He has been a major funder of Jewish and pro-Israel causes, with a focus on education. According to an online biography. he has served on the boards of the UJA-Federation of New York, the Partnership for Excellence in Jewish Education and the Jewish Agency for Israel, and has also been a supporter of Birthright Israel. He is the president of Chai Mitzvah, which facilitates Jewish text study in groups.
In recent years, he has also been a donor to the New York Jewish Week, which is published by the Jewish Telegraphic Agency’s parent company, 70 Faces Media.
Shay has written two books on Jewish faith and identity: “Getting Our Groove Back: How to Energize American Jewry,” in 2006, and “In Good Faith: Questioning Religion and Atheism,” in 2018. He also wrote a book about anti-Zionism on college campuses, “Conspiracy U: A Case Study,” in 2021.
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The post Regulators shutter bank co-founded by Jewish donor Scott Shay appeared first on Jewish Telegraphic Agency.
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City of Austin Enshrines ‘CAIR Day’ After Texas Designates Islamic Group as Terror Organization
CAIR officials give press conference on the Israel-Hamas war. Photo: Kyle Mazza / SOPA Images/Sipa USA via Reuters Connect
The city of Austin, Texas has declared Jan. 22 as “CAIR-Austin Day,” honoring a controversial organization that has been designated by multiple US states as a terrorist group and scrutinized by federal authorities over alleged ties to Hamas.
On Thursday morning, the local holiday was announced with a proclamation at city hall acknowledging the efforts of civic and community engagement by the Council on American-Islamic Relations (CAIR), a nonprofit organization that advocates on behalf of Muslim Americans.
Representatives of the group praised the decision.
“Our proclamation today, declaring Jan. 22 as CAIR-Austin Day, means a lot, not only to the CAIR-Austin staff and board members, but for the whole Muslim community in our city statewide,” CAIR said in a statement.
The proclamation came about two months after Texas Gov. Greg Abbott formally designated CAIR and the Muslim Brotherhood as terrorist organizations under state law, citing in part what officials described as longstanding ideological and operational ties with Islamist movements hostile to the US and its allies.
Abbott’s proclamation described CAIR as a “successor organization” to the Muslim Brotherhood and noted the FBI called it a “front group” for “Hamas and its support network.” The document also outlined the history of the organizations and their historical associations with figures and networks tied to Hamas, an internationally designated terrorist group.
“The Muslim Brotherhood and CAIR have long made their goals clear: to forcibly impose Sharia law and establish Islam’s ‘mastership of the world,’” Abbott said in a statement while announcing the designations last month. “These radical extremists are not welcome in our state and are now prohibited from acquiring any real property interest in Texas.”
In response, the Dallas-Fort Worth and Austin chapters of CAIR sued Abbott and the state’s attorney general, Ken Paxton, arguing the proclamation “chills” their freedom of speech and association under the First Amendment of the US Constitution and “retaliates against” them for exercising such rights. The CAIR chapters asked the court to stop the state from enforcing the designations and requested “compensatory damages,” according to the complaint.
Paxton responded by filing an affidavit defending the Texas proclamation, arguing in part that the terrorist designation is a lawful national-security measure aimed at protecting Texans from extremist influence, not a violation of free speech.
Texas Agriculture Commissioner Sid Miller lambasted Austin’s decision to honor CAIR.
“Austin’s proclamation of Jan. 22 as ‘CAIR-Austin Day’ is an outrageous disgrace and a blatant surrender to radical ideology that’s hijacked city hall. This is pure political theater, shoving left-wing activists ahead of hard-working Texas families,” he said in a statement. “CAIR isn’t some harmless community group. Gov. Abbott and Attorney General Paxton have branded it a foreign terrorist organization under Texas law, citing ironclad ties that endanger America and our allies.”
CAIR has drawn scrutiny over its alleged history of lending material support for foreign terrorist groups. In the 2000s, CAIR was named as an unindicted co-conspirator in the Holy Land Foundation terrorism financing case. Politico noted in 2010 that “US District Court Judge Jorge Solis found that the government presented ‘ample evidence to establish the association’” of CAIR with Hamas.
According to the Anti-Defamation League (ADL), “some of CAIR’s current leadership had early connections with organizations that are or were affiliated with Hamas.” CAIR has disputed the accuracy of the ADL’s claim and asserted that it “unequivocally condemn[s] all acts of terrorism, whether carried out by al-Qa’ida, the Real IRA, FARC, Hamas, ETA, or any other group designated by the US Department of State as a ‘Foreign Terrorist Organization.’”
US Sen. Tom Cotton (R-AK) has called on the Internal Revenue Service (IRS) to investigate CAIR’s status as a nonprofit organization, arguing the group has ties to Hamas and the Muslim Brotherhood, two internationally designated terrorist groups.
CAIR has denied any ties to Hamas or other terrorist organizations, portraying itself as a civil rights group defending Muslim Americans.
Additionally, CAIR leaders have also found themselves embroiled in further controversy since Hamas’s Oct. 7, 2023, atrocities in southern Israel.
The head of CAIR, for example, said he was “happy” to witness Hamas’s rampage of rape, murder, and kidnapping of Israelis in what was the largest single-day slaughter of Jews since the Holocaust.
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What we talk about when we talk about Anne Frank hiding from ICE
Anne Frank’s story — as told in her famed diary — is about many things: Persecution of Jews, the horrors of fascism, the perseverance of the human spirit.
But one of the main messages that many have taken from her life and death is this: It is wrong for children to be forced into hiding for any reason, and certainly on the basis of their identity.
That’s the connection that Minnesota Gov. Tim Walz drew while speaking on Monday.
“We have got children in Minnesota hiding in their houses, afraid to go outside,” he said at a press conference. “Many of us grew up reading that story of Anne Frank,” he added. Someday, he thinks, someone will write a similar story about the children of Minnesota.
Thus started one of the most vicious recent battles over what, exactly, Frank’s memory should mean. And in that battle, we can see what we risk by questioning whether it’s reasonable to draw any comparisons, ever, between those who lived in terror of the Nazis, and those who live in terror of other inhumane regimes.
The United States Holocaust Museum responded to Walz by posting on social media that “Anne Frank was targeted and murdered solely because she was Jewish. Leaders making false equivalencies to her experience for political purposes is never acceptable.”
“Despite tensions in Minneapolis,” they added, “exploiting the Holocaust is deeply offensive, especially as antisemitism surges.”
There are good reasons to be protective of Anne Frank’s story as a specifically Jewish one. The instinct to treat her experience as one of universal relevance has sometimes been taken too far, as in the case of a 2017 Dutch play about her that didn’t mention Jews or the Nazis.
But there are also good reasons to lean into the belief that Frank’s story is about humanity at large, as well as Jews, specifically. Frank’s father, Otto Frank, who edited her diary after her death during the Holocaust and pushed for its publication, was among those who said he wanted it to have universal appeal.
“I always said that Anne’s book is not a war-book,” he wrote in a letter in 1952. “War is the background. It is not a Jewish book either, though Jewish sphere, sentiment and surrounding is the background.” He wanted his daughter’s story to reach as many people as possible.
That’s the same instinct, I think, that motivated Walz to make his comparison: the drive to force people to confront the truth that children are suffering inhumanity, and to feel that truth must not be tolerated.
Consider just two of the stories of children in Minnesota over these past few weeks.
Liam Ramos, a 5-year-old, was detained along with his father and sent to a facility in Texas. A photo of Ramos wearing a Spiderman backpack while being forced into an SUV by federal agents went viral, in part, I think because of the profound human urge to protect children from the worst of existence — and the desperation provoked by seeing a child fall prey to it anyway.
Or think about a 2-year-old who was detained and flown to Texas along with her father. She was returned to her mother the next day, but it is impossible not to think that this experience of forced separation from her parents will mark her for life.
These two children were from Ecuador. But I do not see how it erases Frank’s Jewishness to show a parallel. It is wrong that she was forced into hiding because of her identity, and it is similarly wrong to force children in Minnesota into hiding because of theirs.
Far more concerning, I think, is the fact that misinformation about Frank’s story is being spread by some who argue that invoking her in this context is inappropriate.
Ambassador Rabbi Yehuda Kaploun, the U.S. State Department’s special envoy to monitor and combat antisemitism, posted in response to Walz that “ignorance like this cheapens the horror of the Holocaust. Anne Frank was in Amsterdam legally and abided by Dutch law. She was hauled off to a death camp because of her race and religion. Her story has nothing to do with the illegal immigration.”
That’s a terrible rewriting of history. It’s true that Frank was hauled off to a death camp because of her race and religion. But it is not true that she and her family were abiding by the law.
They went into hiding after Frank’s sister, Margot Frank, received and ignored a summons to go to a labor camp. They were hiding precisely because their existence in Amsterdam had become illegal the second that Margo failed to show up; they were all defying orders.
Frank and her family were quite literally breaking the law. It was the Nazis, and the people who turned in the Frank family, who were following it.
Questions of legality do not provide an excuse to force children into hiding because of their race, religion, or where they were born, nor a reason to scar or harm them.
For my own part, I think we are less at risk of forgetting that the Holocaust was carried out against Jews than of being so concerned about losing Jewish specificity that we miss that there are unspeakable harms being carried out against children today. Many of those harms are happening legally.
People can learn from what happened from Anne Frank, or not. People can disagree about exactly what we ought to learn from what happened to her, too.
But if insisting on the specific Jewishness of that story seems more important to you than recounting the history accurately, I think it’s only fair to ask: Are you actually upset about how people tell this story, or just upset that listeners might take away a different moral than you think they should?
The post What we talk about when we talk about Anne Frank hiding from ICE appeared first on The Forward.
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81 Years After the Holocaust, Antisemitism Pervasive in Germany, Poland
A demonstration in Schwerin, Germany under the slogan “All together to protect democracy”, with a banner reading “Against Nazis”. They want to demonstrate against new borders in Europe and protest against cooperation with right-wing extremists. Photo: Bernd Wüstneck/dpa via Reuters Connect.
Eighty-one years after the Holocaust, antisemitism remains rampant in the heart of the former Third Reich, with rising antisemitic hate crimes in Germany and incidents targeting Jewish communities in Poland drawing widespread condemnation.
On Tuesday, as the world marked International Holocaust Remembrance Day, a group of Orthodox Israelis waiting to board a flight to Israel at Krakow Airport in Poland were physically and verbally assaulted by an airport employee, in the latest antisemitic incident drawing condemnation from officials and community leaders.
The travelers were praying before boarding their flight when the employee noticed them and began shouting antisemitic slurs while demanding that they stop.
When the group members explained they were nearly finished, the assailant became even more aggressive, reportedly spitting on one person and pushing another.
As the situation escalated and the assailant grew more hostile, airport police intervened to control the scene, with the incident captured and widely shared online.
In videos circulating on social media, the airport employee is seen approaching the group aggressively, shouting, “Why are you in Poland? Go back to Israel.”
The group members are seen speaking in English, asking him to stop, as he persists in claiming that Poland is “his country.”
Go back to Israel, what are you doing coming to Poland”:
A group of Israeli ultra-Orthodox Jews who traveled to Poland were attacked by a local airport employee – but they didn’t stay silent: “Be quiet.” | video pic.twitter.com/vu0Iz3rSy6— daniel amram – דניאל עמרם (@danielamram3) January 27, 2026
According to local media, airport officials have yet to release a public statement, confirm whether the employee has been suspended or disciplined, or clarify if an investigation into the incident is underway.
The airport workers’ remarks were reminiscent of comments made by Polish lawmaker Grzegorz Braun, a far-right politician notorious for his repeated antisemitic statements and outspoken criticism of Israel.
“Poland is for Poles. Other nations have their own countries, including the Jews,” Braun said during a press conference in November in Oświęcim, a town in southern Poland that is home to the Auschwitz-Birkenau concentration camp memorial and museum. International Holocaust Remembrance Day is observed annually on Jan. 27, the date when Auschwitz, the largest and most notorious of the Nazi death camps, was liberated.
“Jews want to be super-humans in Poland, entitled to a better status, and the Polish police dance to their tune,” Braun continued.
Poland, like most countries across Europe and the broader Western world, has seen a rise in antisemitic incidents over the last two years, in the wake of Hamas’s Oct. 7, 2023, invasion of and massacre across southern Israel.
Germany has been one such country to experience a surge in antisemitism.
Most recently, unknown individuals vandalized the memorial at a local synagogue in Kiel, a city in the northwestern part of the country, destroying items left by people honoring the victims of the Holocaust — including a Star of David, candles, and a photograph.
“This attack is an utterly unacceptable act of antisemitic hatred and an affront to the memory of the crimes committed under National Socialism,” Daniel Günther, the minister-president of Schleswig-Holstein, a state in northern Germany, said in a statement. “Anyone who desecrates a memorial site like this violates historical responsibility and the core values of the state.”
“We are witnessing a growing number of antisemitic incidents. Ninety years ago, that hatred marked the beginning of the end,” he continued. “That is precisely why we cannot tolerate a single incident today. Every act must be investigated and punished under the rule of law.”
This latest antisemitic attack comes as the local Jewish community rallies to defend democracy and protest against antisemitism on International Holocaust Remembrance Day.
Observed each year on Jan. 27, the day honors the six million Jews and other victims killed by the Nazis and commemorates the liberation of Auschwitz in 1945.
“Holocaust survivors around the world are asking whether democracies and their citizens are sufficiently aware of the dangers posed by the hateful rhetoric of far-right and populist politicians and parties,” Christoph Heubner, vice president of the International Auschwitz Committee from Berlin, said in a statement.
“Antisemitism has an unfortunate characteristic: it serves as an ideological bridge between right-wing extremists, left-wing extremists, and Islamists alike,” he continued. “These forces will continue to grow stronger if, as a society, we do not stop these threatening developments.”
According to newly released figures from the German Ministry of the Interior obtained by the newspaper BILD, antisemitic incidents continued to rise last year, with 2,122 offenses reported in Berlin alome, including 60 violent attacks.
This represents a significant increase of 80 percent compared with the already high number of incidents in previous years, with Berlin police recording 901 such offenses in 2023 and 1,622 in 2024, BILD reported.
“The rise in these figures is alarming, but not surprising. When politicians allow antisemitic demonstrations to go unchallenged, it emboldens certain groups and reinforces their antisemitic attitudes and attacks,” Timur Husein, a member of Parliament from the CDU, Germany’s center-right Christian Democratic Union, who requested the data, told the German newspaper.
Husein also said that the CDU is looking to strengthen Germany’s assembly laws to ban antisemitic demonstrations, which he says are responsible for a significant share of these crimes.
Earlier this month, the commissioner to combat antisemitism in the German state of Hesse sounded the alarm after an arson attack on a local synagogue in the town of Giessen, warning that it reflects a “growing pogrom-like atmosphere” threatening Jewish life across Germany as Jews and Israelis continue to face an increasingly hostile climate.
