
Trump says U.S. will give $10 billion to Board of Peace
Clip: 2/19/2026 | 3m 47sVideo has Closed Captions
Trump says U.S. will give $10 billion to Board of Peace promising to rebuild Gaza
President Trump convened the inaugural meeting of his newly formed Board of Peace. The focus was Gaza, where a fragile ceasefire between Israel and Hamas is still holding, though tensions remain high. Trump announced billions of dollars in reconstruction pledges from the U.S. and other nations, outlining an ambitious plan to rebuild Gaza. Geoff Bennett reports.
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Trump says U.S. will give $10 billion to Board of Peace
Clip: 2/19/2026 | 3m 47sVideo has Closed Captions
President Trump convened the inaugural meeting of his newly formed Board of Peace. The focus was Gaza, where a fragile ceasefire between Israel and Hamas is still holding, though tensions remain high. Trump announced billions of dollars in reconstruction pledges from the U.S. and other nations, outlining an ambitious plan to rebuild Gaza. Geoff Bennett reports.
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Learn Moreabout PBS online sponsorshipGEOFF BENNETT: In the day's other headlines:## President Donald Trump convened the inaugural# meeting of his newly formed Board of Peace at## the U.S.
Institute of Peace headquarters# today, a building that now bears his name.
The focus was Gaza, where a fragile cease-fire# between Israel and Hamas is still holding,## though tensions remain high.
The president# announced billions of dollars in reconstruction## pledges from the U.S.
and other nations,# outlining an ambitious plan to rebuild Gaza.
DONALD TRUMP, President of the United# States: Does everybody like the music?
GEOFF BENNETT: Today, in Washington,## President Trump's newly formed Board# of Peace met for.. DONALD TRUMP: Today, thanks to# unrelenting diplomacy and the## commitment of many of the great people# in this room, the war in Gaza is over.
GEOFF BENNETT: The president stood flanked by# representatives from more than 40 countries,## with observers from a dozen more,## gathered for what he called one of his# most important and consequential missions.
DONALD TRUMP: What we're doing is very simple,## peace.
It's called the Board of Peace, an easy# word to say, but a hard word to produce, peace.
GEOFF BENNETT: But the reality in Gaza# is far from peaceful.
Mourners gathered## for a funeral for nine Palestinians# killed in Israeli airstrikes this past## weekend in what Israel's military called a# response to cease-fire violations by Hamas.
ALYAN AL-BAYOUK, Father of Killed Palestinian# (through translator): Do you believe that there## is a Board of Peace?
Do you believe th.. is supplying Israel with weapons, money, with# protection, and with an international umbrella?
GEOFF BENNETT: In Washington, the president# announced the U.S.
would commit $10 billion toward## establishing the board.
It's unclear whether the# president has the authority to spend those funds.## Neither he nor the White House detailed where the# money would come from or how it would be used.
Mr.
Trump also said nine countries# pledged to combine $7 billion toward## a Gaza relief package.
Today's# session lasted several hours,## with dozens of speakers, including# Israel's foreign affairs minister.
GIDEON SAAR, Israeli Foreign Minister: Our# previous plans for Gaza failed because they## never addressed the core issues, terror,# hate, incitement, and indoctrination.
GEOFF BENNETT: And the head of the# Palestinian technocratic committee,## who outlined priorities for# Gaza, starting with security.
ALI SHAATH, Chief Commissioner, National Committee# for the Administration of Gaza: We are operating## in extremely difficult conditions.# Our mandate .. step by step to build the# foundation for lasting peace.
GEOFF BENNETT: Key U.S.
allies,# including the U.K., France and Canada,## were not in attendance.
The# president said he intends to## name his son-in-law Jared Kushner# as a special peace envoy.
Kushner,## who has extensive and lucrative business ties in# the Middle East, defended the board's structure.
JARED KUSHNER, Former Senior Presidential# Adviser: A lot of these people are volunteers.## They're doing this not for any personal gain.# People are not personally profitin.. GEOFF BENNETT: The head of a newly# announced International Stabilization## Force said several countries, including# Indonesia and Morocco, have pledged troops.
MAJ.
GEN.
JASPER JEFFERS, Commander, International# Stabilization Force: With these first steps,## we will help bring the security that Gaza needs# for a future prosperity and enduring peace.
GEOFF BENNETT: Secretary of State Marco# Rubio called the board the only way forward.
MARCO RUBIO, U.S.
Secretary# of State: There is no plan## B for Gaza.
Plan B is going back# to w.. GEOFF BENNETT: In Gaza, peace# feels remote.
Tents now cover## swathes of devastated land.
Children# play with makeshift lanterns made from## empty soda cans.
And long lines# for food remain a daily reality.
ISMAIL SHEIKH AL-EID, Displaced Palestinian# (through translator): Rain, wind and cold in## the tents.
What are people supposed to do?
How# can the young people live in tents like t.. GEOFF BENNETT: For now,## conditions on the grou..
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