Feb 20 • 01:58 UTC 🇮🇳 India Aaj Tak (Hindi)

Will Trump fund 910 billion with his own pocket? Announced for Gaza Board but...

U.S. President Donald Trump announced a $10 billion fund for his self-established "Board of Peace," leading to questions about the legitimacy of the funding source since it lacks congressional approval.

On Thursday, President Donald Trump made headlines by announcing a massive $10 billion fund for his newly created 'Board of Peace', aimed at promoting stability in conflict areas. This fund is significantly larger than the $767 million the U.S. is scheduled to contribute to the United Nations this year, raising eyebrows and questions in political circles. During his address at the board's meeting, Trump highlighted that the allocation would be a minor expense compared to the costs of wartime efforts, equating it to just two weeks of battle expenditures.

Despite the grand announcement, uncertainty looms over how this funding will be managed and disbursed, as it has not received approval from Congress or any other legislative body. Normally, the authority to allocate government funds rests with Congress, leaving Trump’s unilateral decision in question. Critics are already speculating whether the President's move is legally sound, given that such funding typically requires procedural checks and balances that have yet to be observed in this case.

The announcement comes at a time when geopolitical tensions are high, particularly concerning the Gaza region where international efforts are needed for peace initiatives. While Trump's initiative may have good intentions, the lack of clarity and necessary legal processes could undermine its effectiveness and spark further controversy about presidential overreach, particularly in the allocation of federal resources.

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