WASHINGTON, DC - APRIL 15: (L-R) Kelly Loeffler (Administrator - U.S. Small Business Administration) and Nicholas Wu (Congressional Reporter - Semafor) 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: (L-R) Kelly Loeffler (Administrator - U.S. Small Business Administration) and Nicholas Wu (Congressional Reporter - Semafor) 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: Kelly Loeffler (Administrator - U.S. Small Business Administration) 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: (L-R) Tony Dokoupil (Anchor, CBS Evening News - CBS News) and David Rubenstein (Co-Founder & Co-Chairman - Carlyle) 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: (L-R) Tony Dokoupil (Anchor, CBS Evening News - CBS News) and David Rubenstein (Co-Founder & Co-Chairman - Carlyle) 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: Tony Dokoupil (Anchor, CBS Evening News - CBS News) 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: (L-R) Tony Dokoupil (Anchor, CBS Evening News - CBS News) and David Rubenstein (Co-Founder & Co-Chairman - Carlyle) 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: (L-R) Tony Dokoupil (Anchor, CBS Evening News - CBS News) and David Rubenstein (Co-Founder & Co-Chairman - Carlyle) 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)