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$1 Billion in Cash Buys a Permanent Seat on Trump’s ‘Board of Peace’
The board was originally conceived to oversee the rebuilding of Gaza, but its charter does not mention the Palestinian enclave, suggesting a possibly broader mandate.President Trump’s “Board of Peace” is billing itself as a new international peacekeeping body — and permanent membership won’t come cheap.
Mr. Trump is inviting countries to join beyond a three-year term, if they’re willing to cough up more than a billion dollars in cash within the board’s first year, according to a draft of the board’s charter reviewed by The New York Times.
And while the board was conceived as part of Mr. Trump’s plan to oversee Gaza, there is no mention of Gaza in the charter. That omission added to speculation that the group may have a broader mandate to cover other conflicts and could even be aimed at creating a U.S.-dominated alternative to the United Nations Security Council.
A Security Council resolution adopted in November 2025 endorsed Mr. Trump’s plan for ending the Israel-Hamas war in Gaza and welcomed the establishment of the board as a transitional administration that would set the framework and coordinate funding for Gaza’s redevelopment.
The enclave was devastated during the two years of war. About 80 percent of the buildings in Gaza have been damaged or destroyed, according to the United Nations. Many of the roughly 2 million residents are still living in tents among millions of tons of rubble.
The board’s charter was sent out with invitations to potential members over the weekend. A copy reviewed by The Times was verified by an official on the condition of anonymity because of the delicate diplomacy. News of the $1 billion buy-in was previously reported by Bloomberg.
On Friday, the White House announced the board’s members would include Secretary of State Marco Rubio, Jared Kushner, Mr. Trump’s son-in-law, and Ajay Banga, the head of the World Bank.
Several countries said they had received invitations to join, including Argentina, Canada, Egypt and Turkey. King Abdullah II of Jordan has also been invited, the Jordanian Foreign Ministry announced on Sunday.
Mr. Trump, who is to chair the board, said in a post on Truth Social last week that it will be “the Greatest and Most Prestigious Board ever assembled at any time, any place,” though much about it remained unclear.
$1 Billion in Cash Buys a Permanent Seat on Trump’s ‘Board of Peace’
The board was originally conceived to oversee the rebuilding of Gaza, but its charter does not mention the Palestinian enclave, suggesting a possibly broader mandate.
