Putin Says Russia Could Donate to ‘Board of Peace’ if U.S. Unfroze Assets
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Russian President Vladimir Putin stated that Russia is willing to donate $1 billion to President Trump's "Board of Peace" for Gaza if the U.S. unfreezes Russian assets. Putin mentioned this during a meeting with Palestinian Authority President Mahmoud Abbas in Moscow on January 22, 2026, indicating the funds could support the Palestinian people and rebuild Gaza. He planned to discuss the proposal with Trump envoys Steve Witkoff and Jared Kushner later that day. Putin confirmed Russia received a personal invitation from Trump to join the board. Western countries froze roughly $300 billion in Russian assets after the invasion of Ukraine in 2022, with the U.S. holding about $5 billion.
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