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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. 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The Damage Report: May 27, 2026

Hosts: John Iadarola   Guests: Sharon Reed