LIVE: Treasury Secretary Scott Bessent and Fed Chairman Kevin Warsh speak at G20 meeting — 8/31/2026

Summary

Treasury Secretary Scott Bessent and Federal Reserve Chairman Kevin Warsh open a G20 growth session in Asheville. Bessent pitches a US regulatory reset, record business investment, capital inflows, and US energy superpower status as pro-growth drivers. Warsh focuses on whether US growth potential and productivity can improve, citing CBO's 1.8% baseline. The remarks are policy-oriented rather than concrete trade calls.

• Bessent says the G20 priority is stronger, more durable global growth.
• He lists excessive regulation, tax design, investment gaps, fragmentation, and workforce skills as growth impediments.
• Bessent highlights the US regulatory reset, 129-to-1 deregulation ratio, and record business investment.
• He calls the US the world's premier capital destination and reclaimed energy superpower.
• Warsh says growth, like inflation, is a policy choice.
• Warsh notes CBO projects 1.8% US growth with muted productivity.
• Warsh raises whether capital expenditures will sustainably lift productivity.
• The session then turns to member country interventions including Poland and Argentina.