Trump headlines FII Miami, pitching U.S. to Saudi investors

President Donald Trump headlines Saudi Arabia’s FII Priority Summit in Miami today, pitching international investors on American business while the Iran war roils markets around the world.

The three-day conference, sponsored by the kingdom’s Public Investment Fund, drew its usual bevy of Wall Street bankers, who listened to Saudi Finance Minister Mohammed Al-Jadaan warning about the impact of escalating geopolitical tensions.

“What we’ve seen in the ​last ‌few weeks ⁠is an ​impact beyond what we ​have ‌seen even post-Covid ⁠in terms of supply ⁠chain disruption,” Al Jadaan said. “We really need ⁠to make sure ​we ⁠resolve ‌the conflict very quickly.”

The PIF, Saudi Arabia’s sovereign wealth fund, indicated it will keep investing globally despite the Iran war, with Governor Yasir Al-Rumayyan telling the conference that the kingdom’s financial position is solid.

“The Saudi macroeconomic and physical position remains strong, stable and resilient… We measure our returns not in quarters but in decades, and PIF remains committed to its investments around the world,” Al Rummayan said.

Among the conference’s other speakers on Thursday are Steven Mnuchin, the former U.S. Treasury secretary and founder of Liberty Strategic Capital; Dina Powell McCormick, President and Vice Chairman of Meta; Mary Callahan Erdoes, CEO of Asset & Wealth Management at JPMorgan Chase; and William E. Ford, Chairman and CEO of General Atlantic.

Before Trump takes the podium at Miami’s Faena Hotel, the conference will hold separate sessions with White House Special Envoy Steve Witkoff, Paramount Skydance’s David Ellison and FIFA head Gianni Infantino.