Oligarchy is a structure in which power resides in the hands of a small number of people.
"This plan was developed and negotiated by my team and will largely be implemented by the incoming administration," Biden said.
Afterward, Netanyahu spoke with President Joe Biden to thank him for his work in advancing the hostage deal.
"We will never forget the lives taken as a result of the brutal Hamas terrorist attack on October 7," Harris said.
Miller said it's "very much in the interest" of the Trump administration to push to turn this agreement from phase one into an end to the war, which happens in phase two and phase three.
"I believe with all my heart that this will make us a stronger, better, more united people."
Biden said the elements of this deal were what he laid out in detail this past May, which was embraced by countries around the world and endorsed overwhelmingly by the UN Security Council.
The Israeli tech industry has voiced concerns that this rule could delay the deployment of GPU processors in Israel, and slow the growth of the local high-tech industry.
Just a week before he vacates the White House, President Biden signed the Interim Final Rule on Artificial Intelligence Diffusion (AI Diffusion Rule).
The shekel recorded significant gains against the dollar and the euro, with the dollar currently trading at 3.62 shekels, a decrease of about 1.3%, and the euro falling by 0.8% to 3.71 shekels.
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