President of the European Central Bank Christine Lagarde (C) departs a meeting of G20 Finance Ministers and Central Bank Governors 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)

WASHINGTON, DC - APRIL 16: Ian Bremmer (President and Founder - Eurasia 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) Ben Smith (Co-Founder & Editor-in-Chief - Semafor) and Ian Bremmer (President and Founder - Eurasia Group) 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) Ben Smith (Co-Founder & Editor-in-Chief - Semafor) and Ian Bremmer (President and Founder - Eurasia Group) 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: Ian Bremmer (President and Founder - Eurasia 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) Ben Smith (Co-Founder & Editor-in-Chief - Semafor) and Ian Bremmer (President and Founder - Eurasia Group) 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) Acting Chief of Staff of the Army General Christopher LaNeve and US Secretary of the Army Dan Driscoll testify during a House Appropriations Subcommittee on Defense budget hearing for the US Army on Capitol Hill in Washington, DC, on April 16, 2026. (Photo by SAUL LOEB / AFP via Getty Images)

(L/R) Acting Chief of Staff of the Army General Christopher LaNeve and US Secretary of the Army Dan Driscoll testify during a House Appropriations Subcommittee on Defense budget hearing for the US Army on Capitol Hill in Washington, DC, on April 16, 2026. (Photo by SAUL LOEB / AFP via Getty Images)