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  1. Milken Institute58 min

    Antibiotic Resistance and Chronic Disease: Understanding the Challenges and Some Possible Solutions

    Amanda Jezek, Jonathan Daniels, David Greenberg, Thomas Heyman, Kathy Talkington, Mark Williams, Tom Heyman

    Hosted by Faster Cures in partnership with the Infectious Disease Society of America and other key organizations, this webinar examined the critical market failure hindering new antibiotic development and highlighted its severe impact on cancer, cystic fibrosis, and transplant patients. Panelists presented data showing thousands of annual deaths from antimicrobial resistance while advocating for the "Pasteur Act," a policy designed to de-link financial rewards from sales volume to incentivize the creation of novel drugs for critical pathogens. The event concluded by urging stakeholders to share personal stories and sign a letter to Congress to drive legislative action and secure funding for both antibiotic stewardship and research.

  2. Milken Institute1h 31m

    The Post-COVID Recovery: California's Lagging Employment Rate

    Grace Gedye, Julian Cañete, Reign Free, Manuel Pastor, Somjita Mitra, David Lesher, Matt Horton

    California's Department of Finance, labor experts, and business leaders analyze the state's persistent 7.3% unemployment rate and structural labor shortages driven by childcare gaps, early retirements, and workforce migration to inland regions. Panelists project a 3.9% to 4% employment growth rate for the coming year, contingent on federal investments in the care economy and housing affordability while addressing risks from inflation and potential political shifts. The discussion highlights a fundamental recalibration of work where demand is shifting toward non-automatable sectors like elder care and cooperative business models rather than returning to pre-pandemic norms.

  3. Milken Institute26 min

    Fintech in Focus: Michael Greenwald on the Digital Asset Space

    Michael Greenwald, Kate Goldman

    China is intensifying its crackdown on cryptocurrency transactions to consolidate state control and challenge the US dollar's global dominance, a move that pressures the Federal Reserve to accelerate digital dollar innovation despite internal divisions on the timeline. Analysts warn that without a coordinated "Digital Asset Bretton Woods" framework involving G7 allies and a proactive national security strategy, the US risks falling behind in the emerging geopolitical contest between authoritarian and non-authoritarian digital finance systems. Experts argue that achieving bipartisan legislative clarity and establishing a "Digital Asset Bill of Rights" will be essential to create a robust regulatory environment where centralized and decentralized payment rails can coexist.

  4. Milken Institute1h 26m

    Equity in Infrastructure Development: The Digital Divide

    Jackie Botts, Michael P. Anderson, Carolyn McIntyre, Sunne McPeak, Alexandra Rosen, David Lesher, Matt Horton

    Co-hosted by CalMatters and the Milken Institute, a recent forum examined the critical role of high-speed broadband in addressing California's digital divide and promoting workforce equity. The discussion highlighted that while the state approved a $6 billion investment package to fund middle-mile infrastructure and last-mile expansion, significant barriers including high costs, digital literacy gaps, and inefficient permitting processes continue to hinder access for 2 million disadvantaged households. Experts emphasized that achieving true connectivity requires a hybrid approach combining fiber and wireless solutions, alongside public-private partnerships and targeted outreach to communities skeptical of traditional internet service providers.

  5. Milken Institute1h 32m

    Accelerating Securitization in Africa to Finance the SDGs

    Alison Harwood, Lade Araba, Samuel Chasia, Juan Pablo de Mollein, John Schellhaus, Sam Chasia

    The Milken Institute has launched the African Securitization Alliance, bringing together regulatory bodies from Kenya, Ghana, Uganda, and Côte d'Ivoire to mobilize private capital for Sustainable Development Goals. Participants will utilize a framework of internal and external credit enhancement mechanisms, such as tranching and third-party guarantees from entities like GARANTCo, to mitigate risk and improve market access. Upcoming activities include a specialized workshop in Ghana and a strategic shift toward replicable structures in renewable energy and affordable housing to overcome data gaps and legal barriers.

  6. Milken Institute1h 31m

    Small Business Community: What Happened to Mom and Pop?

    Nigel Duara, Lenore Estrada, Isabella Casillas Guzman, Eugene Cornelius, Jr., Carolina Martinez, Mark J. Robertson, Sr., David Lesher

    Co-hosted by CalMatters and the Milken Institute, this strategic discussion examined the critical recovery challenges facing California's four million small businesses with special attention to the stark disparities affecting communities of color and women-owned enterprises. Featuring newly appointed SBA Director Isabella Casillas Guzman, the event analyzed how the agency's portfolio expansion to over $1 trillion was initially skewed by banking biases, prompting a pivot toward a "Five C's" framework that prioritizes coaching, diverse capital, and community navigation to address exclusion. Looking forward, the SBA is repositioning to connect small businesses with the $500 billion federal infrastructure marketplace while implementing a $100 million Community Navigator pilot to streamline access for underserved entrepreneurs.

  7. Milken Institute1h 30m

    California: The Post-COVID Future of Work

    Jackie Botts, Sarah Bohn, Rob Lapsley, David Lesher, Matt Horton, Aleida Ramirez, Lorena Gonzalez

    Co-hosted by CalMatters and the Milken Institute's California Center, this panel examined how California's post-pandemic economic recovery is exacerbating racial and income inequalities despite a $75.7 billion budget surplus. Moderator Jackie Botts facilitated discussions among policymakers like Assemblymember Lorena Gonzalez, who advocated for treating child care as public infrastructure, reforming the EDD to prevent fraud, and prioritizing trade apprenticeships over traditional college degrees. The event concluded with a consensus on structural reforms for 2030, including unionized service-sector wages, expanded safety nets, and legislative changes to support remote work and essential workers who cannot telecommute.

  8. Milken Institute1h 2m

    The Future of Everything: How Technology is Changing the World

    Staci Warden, Michael Milken, Rajeev Misra, Drhuv Saxena, Yakir Gola

    Hosted by Stacey Worden, this session features Milken Institute Chairman Mike Milken alongside SoftBank CEO Rajiv Misra and CEOs Drew Saxena and Yakir Gola to analyze how the pandemic accelerated global technological transformation in supply chains, healthcare, and finance. The discussion details significant operational shifts, such as ShipBob's infrastructure for small e-commerce businesses and GoPuff's micro-fulfillment network, while highlighting how reduced costs of capital and AI integration are lowering barriers for new market entrants. Panelists conclude that digital adoption and remote work trends are permanent, creating enduring value in life sciences and human capital despite emerging supply chain congestion.

  9. Milken Institute1h 2m

    Lessons Learned from COVID-19: Are There Silver Linings for Biomedical Innovation?

    Esther Krofah, Francis Collins, Richard Moscicki, Ellen Sigal, Janet Woodcock

    Hosted by Faster Cures, a webinar convened NIH officials and industry leaders to analyze the COVID-19 pandemic's acceleration of biomedical innovation, highlighting achievements such as the ACTIV partnership's master protocols and the RADx initiative's diagnostic scaling. The discussion detailed how the crisis forced a shift toward competitive collaboration, decentralized trials, and the successful achievement of diverse vaccine trial enrollment, while simultaneously exposing critical infrastructure gaps in clinical trial execution and real-world data integration. Panelists concluded with a consensus that emergency-driven reforms must be institutionalized through permanent policy changes and public-private partnerships to sustain preparedness for future health threats.

  10. Milken Institute1h 1m

    Walking the Talk: Investing in the Future of Black Banks, Entrepreneurship, and Opportunity

    Eugene Cornelius, Jr, Henry Childs II, Emanuel Friedman, Tracy Gray, Joseph Haskins, Jr., Aron Betru

    This panel examines the systemic barriers preventing Black entrepreneurs from accessing capital and reveals that closing the racial wealth gap could unlock $1.6 trillion in US economic potential. Experts advocate for a strategic shift from traditional inclusion to innovation by leveraging $9 billion in government-funded preferred stock to mobilize $90 billion in community lending and aggregating pension capital for diverse asset managers. The discussion concludes with a call to build a self-sustaining minority economy driven by global export opportunities, artificial intelligence, and direct financing models rather than reliance on historically exclusionary systems.

  11. Milken Institute1h 2m

    The Next Decade: How to Manage Disruption

    Scarlet Fu, Beth Ferreira, Gregg Lemkau, Brian Sheth, Chris Stadler

    Leading investment experts discuss how the pandemic has accelerated the commoditization of technology and triggered a 28-year high rate of operational disruption, forcing a permanent shift toward hybrid work models and virtual deal-making. The panel highlights unprecedented capital deployment creating a valuation barbell that distorts traditional buying opportunities, while specific sectors like biotech, digital health, and software modernization drive innovation amidst concerns over social cohesion and inequality. Future market dynamics are expected to evolve into a hybrid public exit strategy combining IPOs, SPACs, and direct listings, with management resiliency and ESG integration serving as the primary metrics for long-term investment viability.

  12. Milken Institute32 min

    A Conversation with US Department of Health and Human Services Secretary Alex Azar

    Alex Azar, Meg Tirrell

    Health Secretary Alex Azar and federal officials address the current U.S. pandemic surge, which shows a 14% weekly case increase driven by indoor gatherings and mitigation fatigue, while firmly rejecting national mandates in favor of public education and declining to pursue a herd immunity strategy. Clinical and operational updates highlight a mortality rate drop for adults to below 10% due to improved therapeutics and a phased vaccine rollout targeting vulnerable populations by December under Operation Warp Speed, with regulatory approval authority reserved for independent FDA scientists. Despite clinical trial pauses for some candidates to ensure safety, the administration confirms adequate state funding, broad jurisdictional planning, and commercial-scale manufacturing commitments from major pharmaceutical firms to support the upcoming distribution schedule.

  13. Milken Institute1h 1m

    From Social Pariah to Social Fabric: What Is the Future of Digital Media?

    Willow Bay, Hani Farid, Tristan Harris, Karen Kornbluth, Niloufar Razihau

    Leading experts and policymakers convened to analyze how social media business models monetize engagement and polarization, creating systemic risks that current voluntary safety measures fail to address. The panel proposed urgent regulatory reforms including independent algorithmic audits, "board of the people" structures, and temporary election "circuit breakers" to mitigate disinformation and protect democratic processes. By treating the attention economy like the financial sector requiring oversight, the discussion concluded that proactive legal frameworks and a cultural shift toward digital literacy are essential to prevent societal collapse.

  14. Milken Institute1h 0m

    Finance as a Force for Good

    Ben White, Kate Barton, Mark Machin, Jeffrey M. Solomon, Andrew Weinberg

    Panelists discuss a widening divergence between ebullient financial markets and weak economic fundamentals, driven by $27 trillion in global fiscal stimulus that is largely diverting into asset reflation rather than immediate consumption. The discussion highlights how regulatory shifts toward revenue generation and carbon pricing, alongside the rise of family offices integrating sustainability values, aim to redirect capital toward real economy growth and climate innovation. Experts emphasize that future stability requires pivoting from financial engineering to investing in people and middle-market firms while consolidating fragmented ESG reporting to ensure long-term value creation.

  15. Milken Institute45 min

    Leading Companies Through the New Digital Reality

    Caroline Fairchild, Kevin Jones, Asha Keddy, Jason Maynard, Andrew Paradise

    Tech leaders from Oracle, Intel, Rackspace Technology, and Skills convened to detail how pandemic lockdowns catalyzed a permanent shift toward remote-first strategies, multi-cloud infrastructure, and zero-trust security models. Despite economic volatility, these organizations achieved significant milestones including Rackspace's public listing, Skills' 35% growth, and Intel's infrastructure modernization while implementing innovative wellness programs and virtual hiring practices to maintain culture and diversity. Looking forward, executives predict a distributed computing future powered by 5G and AI that will further decentralize office operations and expand global talent acquisition.