US Federal Reserve Chair Jerome Powell (R) arrives for a meeting of the IMFC (International Monetary and Financial Committee) at the 2026 IMF and World Bank Group Spring Meetings in Washington, DC, on April 17, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)

US Secretary of Transportation Sean Duffy speaks during the 2026 Semafor World Economy conference in Washington, DC, on April 17, 2026. (Photo by Mandel NGAN / AFP via Getty Images)

US Secretary of Commerce Howard Lutnick speaks during the 2026 Semafor World Economy conference in Washington, DC, on April 17, 2026. (Photo by Mandel NGAN / AFP via Getty Images)

Chairperson of Teneo and former Xerox CEO Ursula Burns speaks during the 2026 Semafor World Economy conference in Washington, DC, on April 17, 2026. (Photo by Mandel NGAN / AFP via Getty Images)

US Secretary of Commerce Howard Lutnick speaks during the 2026 Semafor World Economy conference in Washington, DC, on April 17, 2026. (Photo by Mandel NGAN / AFP via Getty Images)

Former US Commerce Secretary Gina Raimondo speaks during the 2026 Semafor World Economy conference in Washington, DC, on April 17, 2026. (Photo by Mandel NGAN / AFP via Getty Images)

US Secretary of Transportation Sean Duffy speaks during the 2026 Semafor World Economy conference in Washington, DC, on April 17, 2026. (Photo by Mandel NGAN / AFP via Getty Images)

Former US Commerce Secretary Gina Raimondo speaks during the 2026 Semafor World Economy conference in Washington, DC, on April 17, 2026. (Photo by Mandel NGAN / AFP via Getty Images)