On February 19, 2026, President Donald Trump convened the inaugural meeting of his 'Board of Peace' at the Donald J. Trump Institute of Peace in Washington, D.C. During the meeting, Trump announced that the board has raised $10 billion for Gaza reconstruction efforts, a significant increase from the previously reported $5 billion. However, this amount still falls short of the estimated $70 billion needed for comprehensive rebuilding. The meeting attracted representatives from over 45 countries, including many from authoritarian regimes, which has sparked criticism regarding the board's legitimacy and effectiveness. Major European allies, including Germany, France, and the United Kingdom, chose not to participate, further complicating the board's credibility (Financial Times, The Guardian). Critics have raised concerns about the board's composition, highlighting the presence of leaders from repressive regimes (The Guardian).