WASHINGTON — Defying longstanding American policy, US President Donald Trump will give a speech Wednesday recognizing Jerusalem as Israel’s capital, according to an Axios report on Friday.

A White House spokesman, contacted by The Times of Israel on Friday afternoon, would not confirm the story. “The president has always said it is a matter of when, not if,” the official said. “The president is still considering options and we have nothing to announce.”

The Axios report cited two sources with direct knowledge of Trump’s intentions.

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Multiple reports surfaced this week that the president would for the second time waive a congressional mandate requiring the US embassy be moved from Tel Aviv to Jerusalem, but that he would take the dramatic step of formally recognizing the holy city as Israel’s capital.

An Israeli television report on Wednesday, for instance, said that the Israeli government considered it extremely likely that Trump would declare in the next few days that he recognizes Jerusalem as Israel’s capital and that he is instructing his officials to prepare to move the US Embassy to Jerusalem from Tel Aviv. The White House rejected that report as “premature.”

On Tuesday, US Vice President Mike Pence said Trump “is actively considering when and how to move the American embassy in Israel from Tel Aviv to Jerusalem.” Pence spoke at a gathering of UN ambassadors, diplomats and Jewish leaders at an event in New York commemorating the 70th anniversary of the UN vote for partition of Palestine, which led to the creation of the State of Israel.

Declaring Jerusalem as Israel’s capital would be a highly controversial move, with the potential to spark unrest in the Middle East. The Wall Street Journal reported that US officials were contacting embassies in the region warning them to prepare for the possibility of violent protests.

A presidential declaration could risk producing an angry response from the Palestinians and other Arab allies, like Jordan and Saudi Arabia, just as the Trump White House is preparing to move forward with its attempts to broker a Mideast peace accord.

Israel says Jerusalem is the eternal and undivided capital of the Jewish state, while the Palestinians claim East Jerusalem as the capital of a future state.

Trump’s senior adviser and son-in-law Jared Kushner has been tasked with leading the administration’s peace efforts. He will participate in a highly anticipated keynote conversation this Sunday at the Brookings Institution’s Saban Forum in Washington, DC, marking a rare occasion when he will give public remarks and discuss the administration’s peace push.

At that event, he will likely face questions about the Trump team’s position vis-a-vis Jerusalem and how that might impact their quest to forge an agreement between the sides.

A 1995 law requires the relocation of the US Embassy in Israel to Jerusalem, but provides the president with the prerogative to postpone the move every six months on national security grounds.

Each of Trump’s three immediate predecessors — Bill Clinton, George W. Bush and Barack Obama — repeatedly exercised that right. Trump, for his part, signed the waiver when faced with his first deadline in June. He will have to decide whether to sign it for the second time in his presidency on Monday. (While the official deadline is December 1, since that date falls on a Friday this year, the deadline is extended until after the weekend.)

Israel’s Channel 10 TV news, citing sources in Israel, said there were three camps in the White House with differing opinions on how to deal with the issue.

The first was pushing the president not to sign the waiver and start the process of moving the embassy, and also recognize Jerusalem at Israel’s capital. “It could happen” that the president “simply doesn’t sign” the waiver, Channel 10 reported Friday.

A second camp says don’t do anything, sign the waiver and don’t recognize Jerusalem as it would harm prospects for a peace process and hurt ties with Arab states. The third group is urging the president to sign the waiver, but make a symbolic gesture by recognizing Jerusalem as the capital, the report said.