WASHINGTON, DC - APRIL 14: (L-R) Caryn Seidman-Becker (Founder & CEO - CLEAR) and Morgan Chalfant (Deputy Washington Editor - Semafor) speak on stage during Semafor World Economy 2026 on April 14, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 14: (L-R) Caryn Seidman-Becker (Founder & CEO - CLEAR) and Morgan Chalfant (Deputy Washington Editor - Semafor) speak on stage during Semafor World Economy 2026 on April 14, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 14: Morgan Chalfant (Deputy Washington Editor - Semafor) speaks on stage during Semafor World Economy 2026 on April 14, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 14: Caryn Seidman-Becker (Founder & CEO - CLEAR) and speaks on stage during Semafor World Economy 2026 on April 14, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 14: (L-R) Hadley Gamble (Chief International Anchor - IMI) and H.E. Hadi Badri (CEO - Dubai Economic Development Corporation) speak on stage during Semafor World Economy 2026 on April 14, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 14: Harvey Schwartz, CEO of Carlyle participates in a discussion at the Semafor World Economy 2026 summit on April 14, 2026 in Washington, DC. The summit brings together business leaders and tech CEOs for discussions on economy, artificial intelligence and business trends. (Photo by Kevin Dietsch/Getty Images)

WASHINGTON, DC - APRIL 14: Mark Lashier, Chairman and CEO of Phillips 66, participates in a discussion at the Semafor World Economy 2026 summit on April 14, 2026 in Washington, DC. The summit brings together business leaders and tech CEOs for discussions on economy, artificial intelligence and business trends. (Photo by Kevin Dietsch/Getty Images)

WASHINGTON, DC - APRIL 14: Mark Lashier, Chairman and CEO of Phillips 66, participates in a discussion at the Semafor World Economy 2026 summit on April 14, 2026 in Washington, DC. The summit brings together business leaders and tech CEOs for discussions on economy, artificial intelligence and business trends. (Photo by Kevin Dietsch/Getty Images)