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)
Recent Articles
- US Manufacturing Surge in April Based Entirely on Soaring Aircraft Orders
- AI 'Chipflation' Spreading from Data Centers to Wider Economy
- Targeted Drugs Let More Live with Cancer
- GLP-1 Drugs May Have a Beneficial Effect Across Many Types of Cancer
- Trump Confirms He Called Netanyahu Crazy in Phone Call
- Macy's Raises Annual Forecasts as Luxury Focus Draws Affluent Shoppers
- US Service Sector Growth Picks up in May Despite Higher Prices for Inputs
- US Private Payrolls Rise Broadly in May
- The 4th Time May Be a Charm for the 'New' Keiko Fujimori
- Global Smartphone Market Faces Record Annual Decline as Chip Crunch Worsens