A draft proposes a Trump-led global peace board requiring $1B memberships, drawing international criticism.

The Trump administration is proposing a new international peace board that will have Donald Trump as its first chairman and require member nations to pay $1 billion to maintain membership, according to a draft charter that Bloomberg was able to obtain. The board would have limited-term memberships that could be extended with additional payments, and Trump would have control over the agenda, membership, and removals—subject to a two-thirds veto. The initiative, which aims to promote peace in conflict areas, has drawn criticism from Israel, European nations, and others because of concerns about U.S. financing and authority. The White House has not confirmed the plan, and its official status is still unknown.