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Live Updates  >  Live Update Details

2026-05-28 09:53:15

[Peace Commission Account Shows Zero Income, Separate "Slush Fund"] US President Trump launched the Peace Commission on January 22nd, promising to promote the reconstruction of the Gaza Strip. However, according to a Financial Times report on the 27th, citing multiple sources, the Peace Commission's account at the World Bank has been empty for over four months, and a separate "slush fund" has been established. Trump previously stated that Peace Commission members planned to contribute $7 billion, with the US contributing $10 billion. But one source said that the Peace Commission's World Bank account has so far "zero dollars deposited." Meanwhile, the Peace Commission has an account at JPMorgan Chase. A Peace Commission official confirmed that there are "multiple channels" for accepting donations, including the World Bank account, but "currently, donors are choosing to use" channels other than the World Bank. The World Bank is required to report account balances to donors and Peace Commission members, but the account at JPMorgan Chase is not subject to independent transparency oversight. The Peace Commission official stated that the financial situation would be reported to the Peace Commission's founding executive committee at an "appropriate time." The executive committee members are mostly officials from the Trump administration, including Secretary of State Rubio. (Xinhua)

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