WASHINGTON, DC - APRIL 15: (L-R) Alexis Akwagyiram (Managing Africa Editor - Semafor), Tom Hale (CEO - Oura) and Brooks Tingle (President & CEO - John Hancock) speak on stage during Semafor World Economy 2026 on April 15, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 15: Brooks Tingle (President & CEO - John Hancock)speaks on stage during Semafor World Economy 2026 on April 15, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 15: Brooks Tingle (President & CEO - John Hancock)speaks on stage during Semafor World Economy 2026 on April 15, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

Dave Miliband (L), President & CEO of International Rescue Committee and Bayer CEO, Bill Anderson (C) speak during the 2026 Semafor World Economy conference in Washington, DC, on April 15, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)

Dave Miliband, President & CEO of International Rescue Committee, speaks during the 2026 Semafor World Economy conference in Washington, DC, on April 15, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)

Dave Miliband, President & CEO of International Rescue Committee, speaks during the 2026 Semafor World Economy conference in Washington, DC, on April 15, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)

Dave Miliband, President & CEO of International Rescue Committee, speaks during the 2026 Semafor World Economy conference in Washington, DC, on April 15, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)

FILE - Office of Management and Budget director Russell Vought testifies during a Senate Appropriations Committee hearing on the rescissions package on Capitol Hill, June 25, 2025, in Washington. (AP Photo/Mariam Zuhaib, file)