Trump vows $10 billion contribution to his own Board of Peace

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Democracy Dies in Darkness

The sparsely attended board’s inaugural mission will be to stabilize Gaza, but plans beyond that remain murky.

February 19, 2026 at 5:40 p.m. ESTToday at 5:40 p.m. EST

President Donald Trump speaks with world leaders participating in the inaugural Board of Peace meeting Thursday in Washington. (Kevin Lamarque/Reuters)

President Donald Trump announced on Thursday a $10 billion U.S. contribution to rebuilding Gaza at the inaugural meeting of his Board of Peace, describing the organization as the premier world body for international peace and harmony.

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