May 27, 2026
Trump's Board Of Peace Scheme UNRAVELS As Side Account Exposed In Financial Disaster
Donald Trump's Board of Peace is exposed by sources to have no money in its official fund to help rebuild war destruction, despite billions pledged from member countries, and a private side account being set up to take money to avoid its necessary reports to members. John Iadarola and Sharon Reed break it down on The Damage Report. Leave a comment with your thoughts below!
- 7 minutes
This board has the chance to be one of the most
consequential bodies ever created. And it's
my enormous honor to serve as its chairman.
I was very honored when they asked me to do
it. We had an idea to do it and then they came,
they said, you'll be the chairman. Yeah, I'm
[00:00:16]
never gonna get tired of that. was shocked.
I started up this thing and it's my stupid
project. And I said that if you don't put me
in charge, I'll fire you all and I was very
happy to be chosen. Well, anyway. He was chosen,
he's been in charge. He's actually been around
[00:00:32]
for a few months now and he said it would be
consequential. Let's check in and see how consequential
the Board of Peace has been. So let's evaluate
this. Now if you evaluate it based on like,
what has it legally done? Well, they said they
were going to raise billions of dollars. Every
[00:00:49]
member was going to give a billion dollars.
We're going to give $10 billion and maybe we
did, I don't know. Nobody's been able to clarify
that. That said, Apparently none of that
has happened. None of that money has been donated.
The money isn't being spent or anything. Here's
[00:01:06]
a devastating report from the Financial Times.
Four months after its establishment, the board's
financial fund set up by the World Bank has
no money in it. None, according to four different
people, $0 have been deposited after 120 days.
Bear in mind, this money was supposed to be
[00:01:24]
there to stabilize and rebuild Gaza. Jared
Kushner. That was the clear subtext. But you
could do something for the people there, right?
There's still a couple people that Israel didn't
murder, right? We could save them. No, nothing
for four months at this point. Now that is
[00:01:42]
strange. It's not the strangest development
that they found. Rather than use the fund administered
by the World Bank and endorsed by the UN, the
board has received some donations into its
own JP Morgan account, not the formal one. Not
the one with oversight and some transparency,
[00:01:59]
some other JP Morgan account that they set
up. Interesting and very transparent. Now
while the World Bank must report on the financial
position of the Gaza Fund to contributors and
board members, there's no independent transparency
requirements for this JP Morgan account. I
[00:02:14]
don't even know who has access to the JP Morgan
account. So that's a little bit suspicious.
But maybe you're thinking, okay, it's still
early days. Eventually we'll get some transparency.
No, no, no. See, the Board of Peace will report
its financials to its own executive board,
which is made up of Trump administration officials
and other advisors at a time deemed appropriate.
[00:02:34]
So it's his people that he can fire anytime
he wants. And we have no idea when they're
even gonna do this, if they ever do it at all.
And why would we ever have any insight into
this account? There is a reason you set up a
second burner bank account rather than use
[00:02:52]
the official one. that's been established. It's
because, turns out they have a little bit
of an eye on what's going in there. So if we
take all that money, I can't just rip it off
as much, but this JP Morgan thing, can do whatever
I want. That's what this feels like. So anyway,
[00:03:07]
if you look into this Financial Times report,
they have all these references to supposedly,
this money is going to be given for cops and
this is going to be billed for taking away
the rubble and all this stuff. None of it's
been allocated. They've apparently received
some donations into the separate account. None
of it's been spent. No contracts have been
[00:03:24]
given, no contractors have been locked down.
It is possible that not a single meeting has
even been had across four months since then.
And I just want to remind everyone that we
said this was going to happen, that this was
going to be a massive failure, sure, but also
[00:03:40]
just yet another avenue for even more corruption.
And to the extent that anything is actually
done in Gaza, it is not going to benefit the
people of Gaza. And that has been the case.
more civilians have been killed since the
ceasefire was started, which by itself is one
[00:03:57]
of the worst things I've ever heard, let alone
the tens of thousands that died before it.
There's no rebuilding going on. And it's been
clear from the very beginning that when they
finally do start the rebuilding, it is not
going to be for the people of Gaza. They said
it before, Jared Kushner has this AI slop video.
It's an AI powered Gaza. And I don't even know
[00:04:18]
what the hell that means, man. I don't think
anybody does. But it's gonna be towers, it's
gonna be luxury amenities and resorts, and
it's gonna be built for the elites of the world.
A big old beach resort for the world's oligarchs
and all the people that used to live there.
[00:04:35]
Those who weren't already killed are gonna be
shipped away in cargo containers never to be
seen again. I predicted that last year. It's
looking more and more true every day. But Sharon,
what do you think? think soon they'll just say
it outright. They don't really care to pretend.
[00:04:50]
The old corruption is where you just look for
places you can skim off the top. This guy,
this Trump guy and his family, his mafia administration
actually sets up grift after grift. The entire
segment is just really about a board of grip.
In the end, if- they care enough to do a
[00:05:11]
little something. They'll take about $100,000,
buy some expired Lunchables, pass those out
to the people of Gaza and say they helped. That's
all they're gonna do if they feel the need
to even do that. When you ask who has their
hands inside that JP Morgan little side account,
[00:05:29]
I take Donald Trump Jr. for 500 billion, Alex,
because that's exactly what's going on. The
whole thing was set up to steal the money and
they could care less about those brown people
or their children who are being murdered and
starved and put out every day. They literally
[00:05:52]
could care less, but it's gonna be beautiful
beachfront property. Yep, 100%. Rona, remind
everyone, Donald Trump does not stop running
this thing to the extent that it's being run
when he's no longer president. It's just his
forever. He can get rid of the member states,
[00:06:09]
they can't get rid of him. That account is
his account. Let's be clear about that. Under
the auspices of being involved diplomatically
with the United States, countries are putting
not billions, but millions of dollars in there,
and it's just his money. Now maybe that isn't
[00:06:25]
ranked super highly on the corruption chart
for Donald Trump. Sure, there's a lot of competition,
but it's yet more that needs to be investigated
once the Democrats finally take over. You know
what TRT has always been about? taking on the
corrupt, greedy establishment. For us, it's
the corporate media. We've been fighting that
fight for over 20 years. For the cell phone
[00:06:42]
industry, it's the same story, a handful of
massive corporations ripping you off. That's
why we're partnering with Noble Mobile. They're
the only wireless company with the same mission
as ours, to fight back. Their Noble plan offers
unlimited data for just $50 a month. But here's
the best part, for any data that you don't use,
you get cash back. Real money you can spend
[00:07:01]
however you want. Stop letting your unused
data pad the pockets of billionaires. With
Noble, you take control over your data. And
by switching to Noble, you're directly supporting
TYT in our mission of bringing you honest, independent
news. So give Noble a try and make the switch
today. Scan the QR code on the screen now or
visit go.tyt.com slash plan. That's go.tyt.com
[00:07:22]
slash plan.
Now Playing (Clips)
Episode
Podcast
