WASHINGTON, DC - APRIL 16: Sadek Wahba (Chairman and Managing Partner - I Squared Capital) 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: Ignacio Madridejos (CEO - Ferrovial) and Shelly Banjo (Deputy Editor-in-Chief - 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: Ignacio Madridejos (CEO - Ferrovial)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: Amos Hochstein (Managing Partner - TWG Global) 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: (L-R) Sadek Wahba (Chairman and Managing Partner - I Squared Capital), Ignacio Madridejos (CEO - Ferrovial) and Shelly Banjo (Deputy Editor-in-Chief - 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: Robert Rubin (Former United States Secretary of the Treasury - 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: (L-R) Robert Rubin (Former United States Secretary of the Treasury - United States), Amos Hochstein (Managing Partner - TWG Global) and Stephanie Ruhle (Host of “The 11th Hour” and Senior Business Analyst - MS NOW) 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: Stephanie Ruhle (Host of “The 11th Hour” and Senior Business Analyst - MS NOW) 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)