U.S. President Donald Trump is planning the creation of a new international body dubbed the “Peace Council,” which would be positioned as an alternative to the United Nations, according to a report by Bloomberg.

The proposed council would require participating member states to make a financial contribution of one billion dollars each, according to documents reviewed by the publication. The initiative is described as a new framework for international cooperation, separate from existing multilateral institutions.

Under the reported structure, Donald Trump himself would serve as the first chairman of the Peace Council. The documents cited by Bloomberg state that the term of office for each member state would be limited to a maximum of three years, starting from the date the charter enters into force. Any extension of a country’s membership beyond that period would be subject to the chairman’s approval.

The proposal appears to reflect long-standing criticism by Trump of the United Nations, which he has previously described as ineffective and biased against U.S. interests. By contrast, the Peace Council would reportedly operate under a more centralized leadership model, with significant authority vested in its chair.

No official list of potential member states has been made public, and it remains unclear how the council would interact with existing international organizations or what legal standing it would have under international law. Bloomberg noted that the proposal is still at a planning stage and has not yet been formally adopted or announced by the White House.

If implemented, the Peace Council would represent a major shift in the global diplomatic landscape, potentially challenging the role of established multilateral institutions and reshaping how international conflict resolution and cooperation are organized.