Washington, October 19 (RHC)-- White House acting chief of staff Mick Mulvaney has announced that the 2020 G-7 summit will be held at one of President Donald Trump's properties, despite opposition to Trump steering funds to his own business.

The summit will be held next year in June at the Trump National Doral Miami, Mulvaney told reporters at a White House briefing.  He said the Trump property was the best possible facility and that Trump's business would not earn a profit.

"They are doing this at cost... it will be dramatically cheaper for us to do it at Doral," Mulvaney said.  He said the event would not be a free marketing opportunity for Trump, arguing "Donald Trump's brand is probably strong enough as it is."

The G-7 is comprised of seven economically powerful democracies and rotates annual summits among members, including Canada, France, Germany, Italy, Japan, and the United Kingdom.

The last U.S. summit was hosted in 2012 by then-President Barack Obama at the presidential retreat in Camp David, Maryland.  In 2004, George W. Bush presided over a summit on Sea Island, Georgia.

Mulvaney said the Trump-owned property was considered after Trump recommended it to him, but that upon review of a dozen site options, "Doral was by far and away far and away the best physical facility."   Mulvaney said that all G-7 events would be contained to the Trump-owned property, which is a short distance from Miami International Airport. 

Asked if the appearance of self-dealing was embarassing for the president, Mulvaney said Trump "got over that a long time ago."