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Politics

Trump says U.S. will contribute $10 billion to Board of Peace

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Last updated: February 20, 2026 9:14 am
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Extra from CBS InformationGo deeper with The Free Press

Washington — President Trump on Thursday introduced the US will contribute $10 billion to the “Board of Peace” he established as a part of his 20-point peace plan for Gaza, though the funding supply is not but clear. 

“I wish to let you already know that the US goes to make a contribution of $10 billion to the Board of Peace,” Mr. Trump informed representatives from roughly 50 international locations on Thursday. “The president referred to as {that a} “very small quantity whenever you have a look at that in comparison with the price of battle.”

It isn’t clear the place that funding will come from. The Trump administration has made drastic cuts to overseas assist, with the president insisting the U.S. must focus by itself wants first. The White Home didn’t instantly reply to a request to share the funding supply. Different international locations are additionally donating to the funding efforts, though it isn’t but clear how the board’s funding and spending shall be tracked. 

The inaugural assembly of the board was held Thursday in Washington, D.C., amid a large army buildup because the president decides whether or not to strike Iran. Scores of U.S. warplanes have joined an armada heading for the area. 

On the peace assembly, Mr. Trump stated Iran has about 10 days to make a deal ending its nuclear program, or “dangerous issues will occur.” 

“Perhaps we will make a deal,” he stated. “You are going to be discovering out over the subsequent in all probability 10 days.”

Mr. Trump created the board to safe and rebuild the Gaza Strip, though he is advised the board’s mission could develop past that. Lengthy important of the United Nations, Mr. Trump stated Thursday the United Nations has “nice potential” however hasn’t lived as much as it. His peace board, he stated, shall be overseeing the United Nations in a approach, though it is unclear how or underneath what authority.

“The Board of Peace goes to virtually be wanting over the United Nations and ensuring it runs correctly,” he stated. 

Extra from CBS Information

Go deeper with The Free Press


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