Donald Trump's fund for Gaza reconstruction, established under the 'Peace Committee,' remains empty despite $17 billion in pledged donations. The Financial Times reports that while the World Bank account for the fund shows a zero balance, donations have been redirected to a private JPMorgan Chase account lacking transparency and oversight. This account is controlled by the committee, chaired by Trump, raising concerns about governance and fiscal transparency. The committee, intended to manage Gaza's post-war recovery, includes high-profile figures such as former UK Prime Minister Tony Blair and US Secretary of State Marco Rubio. Despite international pledges, the funds are not being managed by the intended Peace Commission, with the State Department reallocating $1.2 billion originally designated for the commission's agenda. Meanwhile, Gaza's reconstruction needs are estimated at $71 billion, with civilians facing dire conditions amid stalled funding and opaque financial management.