WASHINGTON, DC - APRIL 13: (L-R) Billy Hult (Chief Executive Officer - Tradeweb) and Jackie Alemany (Co-anchor of “The Weekend” and Washington Correspondent - MS NOW) speak on stage during Semafor World Economy 2026 on April 13, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 13: (L-R) Brad Garlinghouse (CEO - Ripple), Billy Hult (Chief Executive Officer - Tradeweb) and Jackie Alemany (Co-anchor of “The Weekend” and Washington Correspondent - MS NOW) speak on stage during Semafor World Economy 2026 on April 13, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 13: Jackie Alemany (Co-anchor of “The Weekend” and Washington Correspondent - MS NOW) speaks on stage during Semafor World Economy 2026 on April 13, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 13: Jackie Alemany (Co-anchor of “The Weekend” and Washington Correspondent - MS NOW) speaks on stage during Semafor World Economy 2026 on April 13, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 13: (L-R) Brad Garlinghouse (CEO - Ripple), Billy Hult (Chief Executive Officer - Tradeweb) and Jackie Alemany (Co-anchor of “The Weekend” and Washington Correspondent - MS NOW) speak on stage during Semafor World Economy 2026 on April 13, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 13: Brad Garlinghouse (CEO - Ripple) speaks on stage during Semafor World Economy 2026 on April 13, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 13: Billy Hult (Chief Executive Officer - Tradeweb) speaks on stage during Semafor World Economy 2026 on April 13, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 13: Brad Garlinghouse (CEO - Ripple) speaks on stage during Semafor World Economy 2026 on April 13, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)