Another Bizarre Money-Making Scheme Hatched by White House
By Reuters | 18 Jan, 2026
Trump would like nations to pay $1 billion apiece to secure permanent seats on a new "Board of Peace."
(Image by ChatGPT)
The Trump administration wants nations to pay $1 billion to stay on his peace board, Bloomberg News reported on Saturday, citing a draft charter.
U.S. President Donald Trump would serve as its inaugural chairman and each member state shall serve a term of no more than three years from this charter's entry into force, subject to renewal by the chairman, the report said.
Reuters could not immediately verify the report.
The White House called the report "misleading" and said there is no minimum membership fee to join the "Board of Peace".
"This simply offers permanent membership to partner countries who demonstrate deep commitment to peace, security, and prosperity," the White House said on X.
The U.S. State Department responded to Reuters' question on the matter by referring to previous social media posts about the board by Trump and his special envoy Steve Witkoff, which did not mention the number.
(Reporting by Preetika Parashuraman in Bengaluru, Nandita Bose in West Palm Beach, Florida and Michael Martina in Washington; Editing by Franklin Paul and Jamie Freed)
Articles
- LG Energy to Supply US-Made LFP Batteries to Tesla in $4.3-Billion Deal
- JPMorgan Asia Promotes David Lau, Poaches Yi Zhang from Goldman
- Alibaba Joins Other China Tech Giants in OpenClaw Craze with Agentic AI Platform
- Samsung Makes Nvidia's Inference Chips, Reveals Jensen Huang
- SK Hynix Sees Wafer Shortage Until 2030
- 20 States Oppose Trump Proposal to Make Fund for EV Chargers Unusable
- Diesel Rises Past $5 Level for 2nd Time Ever, Fueling Inflation
- How Much Has Don's Craving for Attention Cost Americans?
- Boost Your Fitness with Time-Tested Morning Magic
- Over 8,000 Flights Delayed, Canceled Due to Major Winter Storms
