WASHINGTON, DC - APRIL 16: Deanna Strable (Chair, president and CEO - Principal Financial Group) 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: Thasunda Brown Duckett (President and CEO - TIAA) 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: Thasunda Brown Duckett (President and CEO - TIAA) 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: Deanna Strable (Chair, president and CEO - Principal Financial Group) 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) Deanna Strable (Chair, president and CEO - Principal Financial Group), Thasunda Brown Duckett (President and CEO - TIAA) and Phil Mattingly (Chief Domestic Correspondent and Anchor - CNN) 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: (L-R) Deanna Strable (Chair, president and CEO - Principal Financial Group), Thasunda Brown Duckett (President and CEO - TIAA) 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)

(L-R) Journalist Maria Bartiromo, Saudi Arabia's Finance Minister Mohammed Al-Jadaan, Governor of the Bank of France François Villeroy de Galhau, International Monetary Fund's Managing director Kristalina Georgieva, Thailand's Finance Minister Ekniti Nitithanprapas, Eswar Prasad, and Martina Cheung President and CEO of S&P Global, during the 2026 IMF and World Bank Group Spring Meetings in Washington, DC, on April 16, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)

European Commission Vice President Vladislavs Dombrovskis is seen during the 2026 IMF and World Bank Group Spring Meetings in Washington, DC, on April 16, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)