Michel Khalaf (L), President and CEO of MetLife, listens as Peter Orszag, CEO and Chairman of Lazard, speaks during the Semafor World Economy 2026 conference in Washington, DC, on April 13, 2026. (Photo by Mandel NGAN / AFP via Getty Images)

Jon Winkelried, CEO of TPG, speaks during the Semafor World Economy 2026 conference in Washington, DC, on April 13, 2026. (Photo by Mandel NGAN / AFP via Getty Images)

Jon Winkelried, CEO of TPG, speaks during the Semafor World Economy 2026 conference in Washington, DC, on April 13, 2026. (Photo by Mandel NGAN / AFP via Getty Images)

Jon Winkelried, CEO of TPG, speaks during the Semafor World Economy 2026 conference in Washington, DC, on April 13, 2026. (Photo by Mandel NGAN / AFP via Getty Images)

Jon Winkelried, CEO of TPG, speaks during the Semafor World Economy 2026 conference in Washington, DC, on April 13, 2026. (Photo by Mandel NGAN / AFP via Getty Images)

Jon Winkelried, CEO of TPG, speaks during the Semafor World Economy 2026 conference in Washington, DC, on April 13, 2026. (Photo by Mandel NGAN / AFP via Getty Images)

Billy Hult, CEO of Tradeweb, speaks during the Semafor World Economy 2026 conference in Washington, DC, on April 13, 2026. (Photo by Mandel NGAN / AFP via Getty Images)

Brad Garlinghouse, CEO of Ripple, speaks during the Semafor World Economy 2026 conference in Washington, DC, on April 13, 2026. (Photo by Mandel NGAN / AFP via Getty Images)