ASHEVILLE, N.C. (VINnews) — JPMorgan Chase Chairman and CEO Jamie Dimon praised the U.S. Treasury Department on Monday for inviting private-sector leaders to participate directly in this year’s Group of 20 finance meetings, calling it a first in the history of the gathering.
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“For the first time at G20, Treasury has given the private sector a place at the table,” Dimon said in a statement. “Good policy is made better when those who lend, hire, invest, and build have a voice in shaping it. Collaboration works.”
The two-day meeting of G20 finance ministers and central bank governors, hosted by Treasury Secretary Scott Bessent at the Omni Grove Park Inn, runs through Tuesday. Officials said the agenda is focused on economic growth, global imbalances, sovereign debt and supply-chain resilience.
Dimon said the gathering’s core mandate of driving growth “transcends both national borders and party lines.”
“The foundation of America’s strength is predicated on remaining the preeminent economy in the world — what we can all do to help is promote growth policies,” he said. “Good policy drives growth, helps all citizens, and has the benefit of being fundamentally free. Strong economic growth is the foundation of rising living standards, greater opportunity, and broader prosperity.”
He added that growth ultimately depends on “people creating opportunities, supporting entrepreneurs and small businesses, investing in our communities, and giving people a chance to build a better future for themselves and their families.”
JPMorgan has operations in all 48 contiguous states, including 60 branches in North Carolina. Dimon also welcomed the inclusion of regional and community banks at the ministerial.
“A strong banking system depends on institutions of every size,” he said.
The meetings coincide with the United States’ 250th anniversary. Dimon said the moment was an opportunity to “rededicate ourselves to the values that made this great nation of ours — freedom, liberty, and opportunity” and encouraged other G20 countries to join in looking toward “growth and opportunity for the next 250 years.”
Other U.S. executives attending included Goldman Sachs CEO David Solomon and Eli Lilly CEO David Ricks. Treasury officials have described the private-sector participation as a deliberate shift toward public-private partnership under the U.S. G20 presidency.