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State Department sends $1.25B from other programs to Board of Peace

The $1.25 billion transfer fulfills the U.S. pledge to Trump’s Board of Peace, amid plans to provide up to $10 billion despite criticism over transparency and governance.

  • The U.S. State Department is transferring $1.25 billion to the “Board of Peace,” an international body created by Donald Trump to help oversee a Gaza peace plan and reconstruction effort.
  • The reconstruction plan follows extensive destruction in Gaza after the October 7, 2023 Hamas attacks and Israel’s military response, which caused widespread damage and significant loss of life.
  • The U.S., which supported Israel militarily and financially during the conflict, is now contributing major funds toward rebuilding, meaning American taxpayers are helping finance both the war effort and reconstruction.
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The US State Department has transferred $1.25 billion (over CZK 26.5 billion) from foreign disaster relief and peacekeeping funds to the account of President Donald Trump's Peace Council, the local news website Semafor reported.

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  • 86% of the sources lean Left
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The New Republic broke the news in on Thursday, March 26, 2026.
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