17 hours ago - Business

Sneak peek: Trump administration to talk growth with finance ministers, CEOs in Asheville, N.C.

Mike Allen

Skyline of Asheville, NC — Skyline of Asheville, N.C. Photo: Angela Wilhelm/The Asheville Citizen Times

Treasury Secretary Scott Bessent will host finance ministers and economic leaders from around the world, plus heavy-hitting U.S. CEOs, for the G20 Finance Ministerial in historic Asheville, N.C., from Aug. 29 to Sept. 1.

Why it matters: In America's 250th anniversary year, Bessent will use the summit in the Blue Ridge Mountains to emphasize the resilience of the American spirit — and push his global counterparts to focus on growth and prosperity, showcasing results of President Trump's agenda.

The focus on economic growth will be a stark change of tone and topic from climate change, which often dominates global gatherings.

Zoom in: Among the business leaders expected to attend are JPMorgan Chase CEO Jamie Dimon, Goldman Sachs CEO David Solomon, 3M CEO Bill Brown, Eli Lilly CEO David Ricks, Deere & Co. CEO John May, and Medtronic CEO Geoff Martha, along with other Fortune 500 executives.

Federal Reserve Chair Kevin Warsh will co-host. More than 1,000 people are expected, including 200 journalists from dozens of countries.
Key MAGA influencers will get access, and Bessent will highlight the Trump administration's continuing work to revitalize western North Carolina after the devastation of Hurricane Helene in 2024.

Zoom out: Treasury's G20 Finance Ministerial will mark the first of three major U.S.-hosted G20 summits as part of the U.S. presidency of the 2026 G20, which culminates in mid-December with the Leaders' Summit at Trump National Doral in Miami.

The State Department will host foreign ministers in Atlanta at the end of October.

Behind the scenes: Bessent will join Larry Kudlow of Fox Business for a fireside chat.

CNBC's Sara Eisen, co-anchor of "Squawk on the Street," will broadcast from the Asheville summit.

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Sneak peek: Trump administration to talk growth with finance ministers, CEOs in Asheville, N.C.

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