Trump's "Peace Commission" in Limbo: 4 Months After Establishment, Zero Funding Received, Zero Progress on Gaza Reconstruction

May 27: Four months after its launch, Trump’s “Peace Commission” has yet to secure any actual funding—and Gaza’s reconstruction plan is all but dead in the water. According to a Financial Times report citing sources close to the matter: Even though member countries pledged roughly $7 billion in aid, and Trump himself claimed the U.S. would chip in an extra $100 billion, the special fund run by the World Bank and backed by the UN hasn’t received a single cent to date. Trump’s proposed phased Gaza plan—including disarming Hamas, an Israeli troop withdrawal, and post-war rebuilding—has made zero substantive progress. Some U.S. lawmakers are also calling out the commission’s legal legitimacy and governance structure, labeling its fund management and organizational setup “opaque.” Meanwhile, the roughly $1.2 billion in aid and $50 million in operational funds originally allocated by the U.S. State Department haven’t been disbursed either. Congressional sources say they won’t greenlight funding for the commission until a clear financial oversight mechanism is put in place. Insiders note the lack of funding, solid governance framework, and secure operating conditions have left local Gaza reconstruction projects unable to get off the ground. One participant put it bluntly: “They knew there’d be massive needs once they stepped into Gaza, but they’ve got neither the tools nor the resources.”