President Donald Trump officially inaugurated his newly formed Board of Peace (BoP) in Washington, D.C., and announced a $10 billion U.S. financial commitment to the initiative.
The Board is the centerpiece of the administration’s “Phase Two” plan for the Middle East, primarily focused on the disarmament and reconstruction of the Gaza Strip following the October 2025 ceasefire.
The “Board of Peace” Mandate
While initially established to oversee Gaza, President Trump has indicated the Board’s scope will expand to resolve “hotspots” globally.
- Reconstructing Gaza: The Board aims to transform the war-torn territory into a “Mediterranean Riviera,” featuring 200 hotels, high-tech industry, and planned housing for thousands.
- International Stabilization Force (ISF): The Board will oversee a multinational force of 20,000 soldiers and 12,000 police. Countries including Indonesia, Morocco, and Kazakhstan have already pledged troops, while Egypt and Jordan will lead police training.+1
- Alternative to the UN: Trump has described the BoP as an entity that will “look over” the United Nations to ensure it runs properly, leading to concerns among European allies that the Board is intended to replace traditional UN authority.
Financing and Membership
The $10 billion U.S. pledge was the highlight of the summit, though the funding source remains a point of debate in Congress.
| Category | Contribution / Policy |
| United States | $10 Billion (Pledged on Feb 19, 2026) |
| Partner Nations | $7 Billion (Combined pledges from Saudi Arabia, UAE, Qatar, Kuwait, etc.) |
| Permanent Seats | Countries can secure a permanent seat on the Board for a $1 billion contribution; otherwise, terms are three years. |
| FIFA Partnership | FIFA President Gianni Infantino announced a $75 million investment to build stadiums and soccer leagues in Gaza. |
Key Takeaways from the Inaugural Summit
- The “10-Day” Warning: Amid the peace talks, Trump issued a stern warning to Iran, stating they have 10 days to agree to a new nuclear deal or “bad things will happen,” referring to a massive U.S. military buildup in the region.
- The Participants: The meeting was attended by roughly 50 nations and observers. While allies like India attended as observers, several Western democracies (including the UK and France) have expressed skepticism over the Board’s “opaque nature” and pay-to-govern structure.
- Headquarters: The Board is based in the former U.S. Institute of Peace building in Washington, which was recently renamed the Donald J. Trump Institute for Peace.
Fact Check: The Other “$10 Billion”
It is worth noting that President Trump is also involved in a separate $10 billion legal battle. On February 12, 2026, a U.S. judge ruled that Trump’s $10 billion lawsuit against the BBC (for defamation related to its Jan 6 coverage) can proceed to trial in 2027.
