Trump-backed 'Board of Peace' membership: $1 billion fee or White House denial?

• A draft charter, cited by Bloomberg News, suggested countries might pay $1 billion for a spot on a proposed 'Board of Peace' backed by Donald Trump.
• The draft reportedly outlined financial terms and leadership roles, with President Trump serving as the inaugural chairman.
• Member states would serve up to three-year terms, renewable by the chairman, unless they contribute $1 billion within the first year for permanent membership.
• The White House denied the report, calling it "misleading" and stating there is no minimum membership fee, only an offer of permanent membership for committed partners.
• The 'Board of Peace' received UN Security Council backing as part of Trump's Gaza plan, though the draft charter focuses on a broader critique of traditional multilateral systems.

Why It Matters: A report on a $1 billion fee for Trump's 'Board of Peace' was denied by the White House.