WASHINGTON, DC - APRIL 16: (L-R) Prashant Rao (Senior Editor - Semafor) and Ike Anand (President & CEO - ALSAC/St. Jude Children’s Research Hospital) speak on stage during Semafor World Economy 2026 on April 16, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 16: (L-R) Prashant Rao (Senior Editor - Semafor) and Ike Anand (President & CEO - ALSAC/St. Jude Children’s Research Hospital) speak on stage during Semafor World Economy 2026 on April 16, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 16: Ike Anand (President & CEO - ALSAC/St. Jude Children’s Research Hospital) speaks on stage during Semafor World Economy 2026 on April 16, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

TOPSHOT - US President Donald Trump departs the Oval Office as he walks board Marine One to depart from the South Lawn of the White House in Washington, DC, on April 16, 2026. Trump is headed to Las Vegas where he will deliver remarks on his "no tax on tips" policy. (Photo by Brendan SMIALOWSKI / AFP via Getty Images)

WASHINGTON, DC - APRIL 16: John Jovanovic (President and Chairman - Export-Import Bank of the United States) and Eleanor Mueller (Congress Reporter - Semafor) speak on stage during Semafor World Economy 2026 on April 16, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 16: John Jovanovic (President and Chairman - Export-Import Bank of the United States) speaks on stage during Semafor World Economy 2026 on April 16, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 16: John Jovanovic (President and Chairman - Export-Import Bank of the United States) speaks on stage during Semafor World Economy 2026 on April 16, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

(FILES) Construction workers demolish what is remaining of the East Wing of the White House alongside the main Residence as demolition continues in preparation to build a new ballroom for the White House in Washington, DC, December 1, 2025. A US federal judge on April 16, 2026 extended an order barring construction of President Donald Trump's White House ballroom but gave the green light for work to proceed on a proposed underground bunker. (Photo by SAUL LOEB / AFP via Getty Images)