Trump Says Board of Peace Will Unveil $5B in Gaza Reconstruction Pledges

The new board, chaired by Trump, will hold its inaugural meeting in Washington this week.

Published on Feb. 16, 2026

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President Donald Trump announced that members of his newly created Board of Peace have pledged $5 billion toward rebuilding war-ravaged Gaza. The pledges will be formally announced when the board members gather in Washington on Thursday for their first meeting. Trump said the Board of Peace will prove to be the 'most consequential International Body in History', and he is honored to serve as its Chairman.

Why it matters

Rebuilding the Palestinian territory of Gaza will be a massive undertaking, with the United Nations, World Bank and European Union estimating the cost at $70 billion. The ceasefire deal calls for an armed international stabilization force to keep security and ensure the disarming of the militant Hamas group, a key demand of Israel. However, few countries have so far expressed interest in participating in the proposed force.

The details

Trump did not detail which member nations were making the $5 billion in pledges for Gaza reconstruction or would contribute personnel to the stabilization force. However, Indonesia's military said it expects to have up to 8,000 of its troops ready by the end of June for a potential deployment to Gaza as part of a humanitarian and peace mission.

  • The Board of Peace will hold its inaugural meeting on Thursday, February 20, 2026.
  • The ceasefire deal that calls for an international stabilization force was reached on October 10, over two years ago.

The players

Donald Trump

The President of the United States and the Chairman of the newly created Board of Peace.

Benjamin Netanyahu

The Prime Minister of Israel, who is not expected to attend the Board of Peace's inaugural meeting.

Indonesia's Military

Has said it expects to have up to 8,000 troops ready by the end of June for a potential deployment to Gaza as part of a humanitarian and peace mission.

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What they’re saying

“The Board of Peace will prove to be the most consequential International Body in History, and it is my honor to serve as its Chairman.”

— Donald Trump, President of the United States (Social Media Posting)

What’s next

The judge in the case will decide on Tuesday whether or not to allow Walker Reed Quinn out on bail.

The takeaway

This case highlights growing concerns in the community about repeat offenders released on bail, raising questions about bail reform, public safety on SF streets, and if any special laws to govern autonomous vehicles in residential and commercial areas.