US Plans to Reduce the Number of G-20 Finance Minister Meetings

Washington is set to begin its turn as chair of the Group of 20 by reducing the number of meetings among finance chiefs, people familiar with the matter said, in an apparent move to streamline the multilateral process.

The US plans to forgo hosting a G-20 meeting of finance ministers and central bank governors typically held in February, the people said. A White House official said a meeting would still take place in February with the participation of the deputy finance ministers.