"At the direction of President Trump, we have undertaken a review of US assistance to the Palestinian Authority and in the West Bank and Gaza to ensure these funds are spent in accordance with U.S. national interests and provide value to the U.S. taxpayer," the release said.
Previously, US senators reportedly passed a bill which is paving the way for military aid to Israel that may exceed 3.8 billion dollars.
READ MORE: UN Urges Israel to Halt Plans to Demolish West Bank Bedouin Camp
Since late March, the tensions between the Israelis and the Palestinians near the Gaza border have been growing as the Palestinian protest campaign against Israel, dubbed the Great March of Return began. Over 160 Palestinians were killed in clashes since that time. Israel accuses Hamas of using the protests to covering attacks along the country's border with Gaza.