CP Violation is one of the most subtle effects in the Standard Model of particle physics and may be the first clue to the physics which lies beyond. Charge conjugation, C, and parity, P, are symmetries of particle interactions. C corresponds to the operation of replacing a particle by its antiparticle, while P is the operation of mirror reflection. Before 1956, it was believed that these were also symmetries of the interactions of elementary particles. In 1956, evidence for P violation was observed in the weak interaction by C.S. Wu. Theorists proposed that the combination of CP would be a symmetry of the weak interaction. In 1964, Christenson, Cronin, Fitch and Turlay found the first evidence for the violation of CP symmetry in the decays of kaons. Although Kobayashi and Maskawa then showed how the Standard Model can accomodate the observed CP violation, Wolfenstein has pointed out that it is also possible that there is a new interaction in addition to the four usual ones, called superweak, is responsible for the asymmetry. To test this idea requires the observation of a different type of asymmetry called direct CP violation. In the kaon sector, this requires very precise measurements of ratio of kaon decay rates. In B decay modes where a second order weak process whimisically named "penguin" interferes with another suppressed first order "tree" amplitude, it may also be possible to observe these direct CP violating effects. B Physics and CP Violation is now one of the major growth areas in high energy physics. Nearly every major high energy physics laboratory now has a project underway to observe the large CP asymmetries expected in the B sector and test the consistency of the Standard Model. The unitarity of the Kobayashi-Maskawa mixing matrix in the Standard Model implies the existence of three phases, called $\alpha, \beta, \gamma$ which can be determined by measurements of CP asymmetries in B decays. About 200 participants gathered this March in Honolulu, Hawaii to discuss progress in this field. The status of the three major e+ e- B factory accelerator projects, (KEK-B in Japan, PEP-II at Stanford, and CESR PHASE III at Cornell) was discussed by S-I. Kurokawa of KEK. The new detectors under construction (BELLE, BABAR, and CLEO-III) and the challenges for precision vertex detection and high momentum particle identification were summarized by P. Harrison of Queen Mary and Westfield College. There were also status reports on the efforts underway at the hadron facilities which may challenge the e+ e- efforts in this area. There were reports by A. Maciel (Rio de Janiero) on the CDF and D0 detector and trigger upgrades, K. Ehret (DESY) on HERA-B at DESY, B. Cox (Virginia) on LHC-B at CERN and S. Stone (Syracuse) on the BTEV proposal at FNAL. A number of interesting new results on rare B decays were reported at this conference from CLEO. For the last two years, CLEO, ALEPH, DELPHI, and OPAL have reported signals in the sum of the rare modes, $B^0\to K^-\pi^+$ and $B^0\to pi^+ pi^-$ which are of great interest to the B factory projects. With the addition of more data, Jim Alexander (Cornell) reported that CLEO has now isolated a signal in the exclusive mode $B^0\to K^-\pi^+$ with a branching fraction at the $1.5 \times 10^{-5}$ level. This mode is expected to be dominated by the gluonic penguin diagram. Recall that the observation of the photonic penguin (announced in the CERN Courier) was previously observed by CLEO in 1994. The complementary mode $B^0\to \pi^- \pi^+$ which is required to isolate one of the angles of the unitarity triangle is not yet observed and a tight upper limit of $1.5 \times 10^{-5}$ has been set. B. Behrens (Colorado) also reported on CLEO's surprising large branching fractions for inclusive and exclusive B decay modes with $\eta^{'}$. The theoretical implications of these were a hot topic of discussion in the hallways of the meeting. On a related note, H. Yamamoto (Harvard), I. Dunietz (FNAL), and A. Kagan (Cincinnati) discussed the puzzles associated with both experimental and theoretical accounting of the charm yield in B decays and the semileptonic B branching fraction. The possibility of either a major systematic flaw in the measurements or an enhancement of gluonic penguin $b\to s$ decays remains as an unresolved puzzle and an experimental challenge to LEP, SLD, and CLEO experimenters. The experimental properties of exclusive hadronic B decays were described by J. Rodriguez (Hawaii) and the accompanying theoretical puzzles related to the strength of color suppression were discussed by B. Stech (Heidelberg). M. Feindt (DESY) surveyed the new results on B spectroscopy from LEP. T. Junk (CERN) discussed the measurements of the anomalously low lifetime of the $\Lambda_b$ baryon which, as M. Neubert (CERN) noted, cannot easily be accomodated by theory. R. Forty (CERN) and A. Ouraou (Saclay) emphasized the beautiful time dependent LEP measurements of B_d mixing and the stringent limits that have been set on $B_s-\bar{B}_s$ mixing. Important contributions to this difficult problem are also expected soon from SLD and CDF. Forty and C. Kreuter (CERN) also showed the progress on measurements of exclusive semileptonic B decays from ALEPH, DELPHI, and OPAL. R. Poling (Minnesota) also showed the CLEO results on exclusive semileptonic $b-u$ transitions such as $B\to \rho \ell \nu$. A number of theoretical reviewers suggested paths to a better determination of $V_ub$ and other CKM matrix elements using either HQET, lattice QCD, or dispersion relations. Along with the progress in B physics, investigations of charm, tau, and 2-photon physics will be vigorously pursued at the new $e^+ e^-$ B factory facilities. The windows for new physics in D-Dbar mixing and rare charm decays were emphasized by Golowich (Amherst). and the current experimental situation summarized by Purohit (S. Carolina). There were progress reports from the new round of experiments (KTEV, NA48, KLOE, and CPLEAR) which are pursuing $epsilon^{'}/epsilon$ and extremely rare kaon decays as well as on the experiment E871 at Fermilab which looks for CP violation in hyperon decay. On the theoretical side, L. Wolfenstein (Carnegie-Mellon) emphasized the difficulty in ruling out the superweak model of CP violation even when the first measurements of the unitarity angles $\alpha$ and $\beta$ are available. N.G. Deshpande (Oregon), R. Enomoto (KEK), and R. Fleischer (Karlsruhe) discussed new theoretical approaches to the determination of the three angles of the unitary triangle. J.D. Bjorken (SLAC) summarized the conference and noted the dramatic progress in B physics in the last ten years much of which he attributed to technological progress in both vertex detection and accelerator physics as well as noting the emerging trouble spots and new approaches to observing CP violation. The conference proceedings are now being prepared and will be published by World Scientific.