Top CEOs laud Trump administration's deregulation and tax cuts at G20 gathering

On Monday night the Treasury Department announced it will share a short video recorded at the G20 ministerial session in Asheville, North Carolina, where senior leaders from major U.S. corporations praised President Donald Trump's economic agenda. In the footage, JPMorgan Chase chief Jamie Dimon, Goldman Sachs chief David Solomon, Eli Lilly's David Ricks, 3M's Bill Brown and John Deere CTO Jahmy Hindman commend deregulation, tax cuts and trade measures that they say have boosted liquidity and safety.

Treasury Secretary Scott Bessent used the same meetings to point to strong U.S. growth, citing a low unemployment rate and a rising stock market. The featured firms collectively employ about 550,000 people and generate roughly $376 billion in revenue. The executives also noted that the administration’s tariff strategy is spurring reshoring, with $11.2 trillion in pledged investments, while inflation remains above the Federal Reserve’s target.