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  1. Milken Institute7 min

    Emily Kramer Golinkoff | LeadersLink

    Emily Kramer Golinkoff

    Emily's Entourage, led by co-founder Emily Kramer-Golinkoff, accelerates drug development for the 10% of Cystic Fibrosis patients with nonsense mutations by raising over $47 million and spinning out a gene therapy company. In her LeadershipLink program, Kramer-Golinkoff implemented a revenue-sharing model for academic grants and hired Dr. Chandra Gose as Chief Scientific Officer to establish strategic investment criteria and a scientific roadmap. Despite challenges in contract negotiations and recruiting a dual-expertise executive, these initiatives have strengthened the organization's capacity to fund research and expedite patient trial recruitment.

  2. Milken Institute6 min

    Katrin Ericson | LeadersLink

    Katrin Ericson

    Rungstone Research Program Executive Director Katrine Erickson joined the Faster Cures Leaders Link initiative to develop a venture philanthropy roadmap for its mission to prevent leukemia in Runx1 familial platelet disorder patients. To address the scarcity of successful models and gather strategic insights, Erickson launched the *Cures Playbook* podcast, engaging biotech executives and academics to define the viability of funding high-risk therapies. Key findings from this expert network identified that successful venture philanthropy requires deep disease mechanism knowledge, a minimum capital threshold of one million dollars, and a robust community of patient advocates and scientific leaders.

  3. Milken Institute26 min

    Inclusive Capitalism Fireside Chats: A Conversation With John Rogers and Blair Smith

    John Rogers, Blair Smith

    Jared Rogers, chairman of Ariel Investments and a descendant of Tulsa's historic Black business legacy, addresses the two-decade collapse of Chicago's Black corporate sector by leveraging his thirty-year tenure on major corporate boards to enforce accountability and diversity. To reverse this erasure, he spearheads strategic initiatives like Project Black, a private equity fund for scalable Black enterprises, alongside educational programs in the stock market and university endowments designed to cultivate the next generation of financial leaders. These efforts, supported by a sustained post-2020 shift in institutional commitment, aim to reconstruct the high-value economic ecosystem that once defined the city's Black business community.

  4. Milken Institute1h 48m

    Silver Linings Playbook: New Momentum for Outcomes-Driven Government

    Matt Horton, Ben McAdams, Jennifer Park, Nancy Augustine, William Glasgall, Michael Grossman, Michael Hammett, Grace Simrall, Ryan Smith, Jen Tolentino

    The National Academy of Public Administration launched its Center for Intergovernmental Partnerships in September 2024 to address systemic fragmentation across federal, state, and local agencies amid an $800 billion annual transfer landscape facing a potential fiscal cliff. This initiative spearheads three strategic projects targeting pandemic compliance, workforce shortages, and "No Wrong Door" service models while promoting outcomes-based financing and data-driven municipal innovations like Louisville's broadband expansion and Durham's driver's license reform. Panelists emphasize normalizing innovation failure to replicate these successful solutions and leveraging American Rescue Plan funds to build long-term evidence capacity rather than relying on temporary revenue replacement.

  5. Milken Institute1h 6m

    Creating Community Wealth and New Revenue: Public Assets Workshop

    Matt Horton, Ben McAdams, Dina Blaes, Jason Foster, Shayne Kavanagh, Joe Minicozzi, Dan Tangherlini, Natalie Cohen

    The Milken Institute Center for Regional Economics convened a public finance forum where panelists including former Salt Lake County Mayor Ben McAdams and Urban Planner Joe Minicozzi argued for "Urban Wealth Funds" to transform underutilized public assets into revenue generators that reduce reliance on regressive tax bases. While the session highlighted a Salt Lake County study revealing $12 billion in potential transit-corridor value, speakers like Dina Blaze and Dan Tangerlini emphasized that equitable implementation requires overcoming political barriers and establishing community equity endowments to prevent resident displacement. Experts concluded that local governments must adopt proactive asset valuation and flexible governance structures to legally function as corporate-like entities that capture public wealth for direct community reinvestment.

  6. Milken Institute1h 9m

    Deep Dive: Deployment of High Demand Community Infrastructure Projects

    Dan Carol, Bryan Borlik, Rachel Halfaker, Donnel Baird, Rob Day, Bill Lee, Patrick Meyers, Michelle Moore, Matt Petersen, David Guilford, Adam Fried, Robbie Jones

    The Economic Development Administration awarded a grant to the Milken Institute and RCAP to launch a pre-development training accelerator designed to equip rural and underserved communities with the technical capacity to make infrastructure projects shovel-ready. A diverse panel of experts including representatives from the Trust for Public Lands, Groundswell, and Spring Lane Capital highlighted the critical need for zero-percent match requirements, community-paid participation stipends, and granular data targeting to overcome traditional grant-writing barriers. These initiatives aim to transform one-time federal funding into sustainable local wealth by pairing financial capital with technical assistance to scale projects ranging from broadband and green infrastructure to urban decarbonization.

  7. Milken Institute36 min

    Permanent Disruption: Navigating the Road Ahead

    Dan Carol, Michael Piwowar, Tammie Arnold, Elaine Buckberg, Maurice Jones, Mike Pivovar

    The Milken Institute's 2022 Public Finance Forum convened virtual cross-sector innovators to address the $4 trillion public finance sector through infrastructure deployment, ESG integration, and adaptive public-private partnerships. General Motors Chief Economist Elaine Buckberg outlined a resilient U.S. economic outlook marked by 3.9% growth and easing inflation, while OneTen's Maurice Jones highlighted a critical need to dismantle credential barriers to advance Black employment and close the racial wealth gap. Complementing these social and economic themes, the event featured commitments from major automakers toward electrification and Alpha Ledger's introduction of blockchain technology to modernize municipal bond markets for greater efficiency and equity.

  8. Milken Institute30 min

    Building Community Wealth: How Can We Meet the Moment

    Margot Brandenburg, Natalie Foster, Shawn Wooden

    Ford Foundation host Margo Brandenburg facilitated a dialogue with Natalie Foster and Connecticut Treasurer Sean Wooden on utilizing community wealth strategies to address the widening racial and economic divide. Foster highlighted the Child Tax Credit's success in reducing child poverty while Wooden detailed Connecticut's pioneering Baby Bonds program as a model for closing the generational wealth gap through state-level innovation. The conversation further examined how public sector expansions of guaranteed income, social bonds, and anti-monopoly policies are reshaping labor markets and providing essential financial buffers during economic volatility.

  9. Milken Institute30 min

    Managing Through Change: Mayors Weigh In

    Mary Ellen Wiederwohl, Michael Hancock, Quinton Lucas

    Accelerator for America President Mary Ellen Reeder-Wohl facilitated a public finance forum with Denver Mayor Michael Hancock and Kansas City Mayor Quentin Lucas to discuss leveraging federal funds for systemic urban transformation. The mayors detailed strategies for redesigning major infrastructure corridors, such as Denver's Colfax Avenue and Kansas City's I-70, to prioritize equitable housing, transit, and business opportunities while preventing community displacement. By framing local projects as regional assets, both leaders emphasized a shared commitment to moving beyond reactive budget maintenance toward proactive solutions for inequality and economic resilience.

  10. Milken Institute31 min

    Show Time for Infrastructure: Accelerating Shovel Worthy Infrastructure Projects

    Stacy Swann, Christine Harada, Nathaniel Keohane, Collin O'Mara, Jim Pass

    Under the Paris Agreement, the U.S. aims to cut economy-wide greenhouse gas emissions by 50–52% below 2005 levels by 2030 while addressing a projected $10 trillion infrastructure gap through coordinated federal and private sector investment. Recent multi-agency announcements have accelerated clean energy deployment targets, including 30 gigawatts of offshore wind by 2030 and grid modernization initiatives, alongside efforts to unify financial standards and streamline permitting to unlock necessary capital. This strategy relies on bipartisan support for natural climate solutions and the passage of comprehensive legislation like the Build Back Better Act to achieve net-zero emissions by 2050 while creating an estimated 1.5 million jobs annually.

  11. Milken Institute36 min

    Equity and ESG for Munis: Risks, Disclosure, and Adoption

    Caitlin MacLean, Olivia Albrecht, Lourdes Germán, Gary Hall, Mark Kim, Zoila Jennings

    The municipal ESG bond market currently lacks a consistent pricing premium despite $43 billion in outstanding labels, driven by challenges in quantifying social metrics and a reliance on self-verification by 61% of issuers. To address these data gaps and standardization issues, the Municipal Securities Rulemaking Board is launching the Emma Labs analytics platform while seeking enhanced disclosures, and a new $4 million consortium is developing unified racial equity frameworks for municipal financing. Consequently, market participants are being urged to align with international standards and demand greater transparency from asset managers to harmonize taxonomies and improve access for smaller communities.

  12. Milken Institute30 min

    A Conversation with Brian Deese, Director, White House National Economic Council

    Brian Deese, Dan Carol

    Following the American Rescue Plan, the U.S. achieved historic economic growth in 2021, with GDP expansion between 5% and 6% and a significant decline in child poverty and evictions. Now, the administration is leveraging these funds alongside the Bipartisan Infrastructure Law, led by Mitch Landrieu, to deploy 21st-century industrial strategies that address supply chain bottlenecks and accelerate private capital investment in clean energy. Despite current pressures from the Omicron variant and geopolitical instability, officials emphasize a "bottom-up" approach to sustain recovery while ensuring long-term climate resilience and regional equity.

  13. Milken Institute30 min

    City CFOs Report from the Frontlines of Public Finance

    Lois Scott, Brendan Hanlon, Jennie Huang Bennett, Elizabeth Reich, Jenny Bennett

    Chicago, Dallas, and Denver successfully navigated post-pandemic fiscal crises by balancing structural deficits with strategic recovery plans, though each city faced distinct challenges regarding pension funding, sales tax volatility, and personnel costs. While Chicago directed $1.2 billion toward community safety and tech-sector growth, Dallas expanded its general fund reserves to 74 days of operations, and Denver prioritized mental health investments to address downtown vacancy rates that peaked at 30%. All three municipalities also adopted proactive cybersecurity frameworks and leveraged federal infrastructure funds to mitigate long-term risks without permanently compromising service levels.

  14. Milken Institute20 min

    A Conversation With Kathy Hochul, Governor of New York

    Kathy Hochul, Michael Piwowar, Richard Ravitch

    Governor Hochul is fortifying New York State's fiscal reserves against potential crises while rejecting tax hikes to stem the out-migration of high-net-worth individuals. Simultaneously, she is collaborating with New York City Mayor Adams on subway safety initiatives and advancing the delayed congestion pricing plan to secure MTA funding. Her administration also prioritized keeping schools open during the Omicron surge through widespread testing and is incentivizing the construction of 100,000 affordable housing units to address long-term economic stability.

  15. Milken Institute15 min

    Climate Resilient Infrastructure: A Conversation with Senator Ed Markey

    Ed Markey, Melissa Roberts

    Senator Markey frames the current legislative landscape as a historic opportunity to advance the Civilian Climate Corps, a proposed 300,000-person workforce initiative designed to build resilient infrastructure while providing living wages and training for underserved communities. To catalyze these efforts, he advocates for the LIFT Act and a National Climate Bank to fund pre-development projects and leverage private investment, specifically targeting environmental justice regions to achieve a 50% reduction in economy-wide emissions by 2030. Simultaneously, the Senator is maneuvering to secure the final climate provisions within the Build Back Better bill by prioritizing their passage before the State of the Union address, despite facing procedural hurdles and a lack of bipartisan consensus.