Trump Accused of Building $10B “Board of Peace” Slush Fund Without Clear Approval
President Donald Trump said Thursday the United States would commit $10 billion to his “Board of Peace,” a new initiative he is pitching as a driver of postwar Gaza relief and reconstruction.
The announcement is drawing sharp scrutiny because the administration has not publicly detailed how the money would be sourced, and critics argue Congress would need to authorize and appropriate funds at that scale.
Reporting on the meeting said Trump made the pledge while also citing additional commitments from participating countries that together were described as roughly $7 billion, alongside talk of a stabilization force concept.
That creates an immediate pressure point: even if the board is framed as international coordination, lawmakers and outside critics are questioning whether the structure would give the White House unusual control over a large pool of public money.
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Rep. Emanuel Cleaver said on social media, “Congress has not authorized $10 BILLION” for a president-controlled transfer to a new entity.
Earlier reporting has also highlighted concerns in Europe about how the board is set up and how much authority the chair holds, according to Reuters.
What happens next likely turns on process: whether the administration seeks a formal appropriation, how it defines the board’s legal status, and whether opponents move toward litigation or oversight hearings.
For now, the $10 billion pledge is real, but the path to actually moving taxpayer dollars remains the unresolved part.