The State Department announced Wednesday evening that the former U.S. Institute of Peace building has been renamed after President Donald Trump "to reflect the greatest dealmaker in our nation's history."

NOTE: The video is from a previous report.

"Welcome to the Donald J. Trump Institute of Peace. The best is yet to come," the social media post reads.

The renaming comes as Trump has sought to establish himself as a peacemaker and openly lobbied for a Nobel Peace Prize (which he was not awarded this year).

The president often claims that he's "ended eight wars."

On Thursday, Trump will host a trilateral meeting with the presidents of the Democratic Republic of Congo and Rwanda at the White House, before using the newly renamed building as a backdrop for the signing ceremony of a pea

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