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  1. 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.

  2. Milken Institute1h 15m

    A Season of Playoffs: Redefining Sports in Challenging Times

    Linda, Todd Boley, Chris Paul, Kim Tagula, Richard Sherman

    During the 2020 season, prominent athletes and leagues like the NBA, WNBA, and MLS shifted from a traditionally apolitical stance to active social justice advocacy, utilizing platforms such as the Orlando bubble and player-initiated jersey messages to address systemic racism following high-profile incidents involving Black Lives Matter. Concurrently, the sports industry navigated severe economic disruptions caused by the pandemic, which forced salary cap reductions, operational volatility, and a reevaluation of revenue streams while simultaneously sparking increased fan engagement and voter registration initiatives. Experts project a recovery by 2022 driven by scalable testing protocols and a renewed focus on community connection, with organizations prioritizing long-term financial literacy and diversity funding over short-term profit to sustain the sector.

  3. Milken Institute1h 2m

    In Search for a Cure: Are We Nearing a Treatment for COVID-19?

    Esther Kofa, Meg Terrell, Dr. Tony Fauci, Albert Bourla

    The Milken Institute Summer Series concluded by analyzing the U.S. resurgence of COVID-19 infections and the global development of nearly 250 treatment compounds, featuring critical insights from Dr. Anthony Fauci and Pfizer CEO Dr. Albert Bourla. Dr. Fauci warned of severe fall surges driven by behavioral shifts while outlining a vaccine timeline with Phase III trials expected to begin in July, whereas Dr. Bourla detailed Pfizer's autonomous mRNA strategy aiming for safety and efficacy data by September. As the organization prepares its 23rd Global Conference for a likely online format in October, these discussions underscored the urgent need for robust public health protocols alongside rapid medical solutions.

  4. Milken Institute33 min

    A Conversation with Federal Reserve Bank of St. Louis President and CEO James Bullard

    James Bullard, Josh Barro

    St. Louis Fed President James Bullard explains that the U.S. economy is adapting to pandemic risks through endogenous behavioral changes rather than broad lockdowns, projecting output recovery to 90% of normal levels despite historical quarterly declines. Bullard contrasts his view of a new steady state with host Josh Barrow's concern over permanently lower living standards, while addressing the dual policy challenge of balancing business preservation with market dynamism. Furthermore, Bullard highlights the strategic necessity of preventing a secondary financial crisis and identifies eliminating racial unemployment gaps as a critical metric for ideal monetary policy outcomes.

  5. Milken Institute34 min

    A Conversation with Strive Masiyiwa and Michael Milken

    Strive Masiyiwa, Michael Milken

    With Africa's population projected to reach 4 billion by 2100 and 12 million young entrants joining the workforce annually, the continent faces a critical imperative to modernize its fragmented economy and address high unemployment rates like the 29% in South Africa. Global tech giants and investors are capitalizing on unique innovations such as mobile money and blockchain to unify 54 currencies, while infrastructure projects connect the continent from Cape Town to Cairo alongside rapid 5G deployment. Strategic partnerships led by figures like Strive Maseiwa aim to train government leaders and expand private enterprise networks, positioning Africa as a primary future market despite capital shortages and the need to replace nearly 500 million traditional jobs.

  6. Milken Institute25 min

    Mic'd Up - Part 1: Public Health Response to Coronavirus

    Christopher Mores, Rick Berke

    This expert panel discusses the emerging COVID-19 outbreak, noting its official WHO naming to prevent stigmatization, approximately 45,000 confirmed cases primarily in China, and the critical lack of international access due to data transparency concerns. Speakers analyze divergent future scenarios ranging from endemic circulation to a global pandemic with a 2% fatality rate, while critiquing delayed WHO leadership and insufficient vaccine development timelines that may exceed a year. The discussion further addresses necessary public health strategies, including social distancing over universal masking, the economic risks of draconian travel restrictions, and the urgent need for rapid diagnostic deployment amid funding cycles that previously hampered preparedness.

  7. Milken Institute23 min

    A Conversation with Paul Ryan

    Paul Ryan, David McCormick

    Former House Speaker Paul Ryan outlines a legislative agenda for a potential second Trump term focused on extending tax cuts, reforming healthcare, and modernizing infrastructure while navigating a consensus on technological decoupling with China. He attributes the 2017–2018 surge in bipartisan output to the administration's deregulatory approach and projects continued economic growth despite ongoing trade uncertainties. Ryan, now a university professor and policy founder, argues that economic stagnation drives current political polarization and warns against the erosion of meritocracy in favor of identity-based politics.

  8. Milken Institute25 min

    Wednesday Lunch feat. Bill Cassidy

    Bill Cassidy, Esther Krofa, Dan Diamond

    At the Milken Institute's Future of Health Summit, Senator Bill Cassidy and Faster Cures' Esther Krofa discussed strategies to balance drug affordability with the financial incentives required for medical innovation. Cassidy defended the pharmaceutical industry against claims of excessive profitability while advocating for subscription-based pricing models and rejecting direct government negotiation as a threat to high-risk research. The dialogue highlighted specific legislative successes in closing rebate loopholes and ending gag clauses, concluding with a realistic assessment that a comprehensive drug pricing bill has a 60% probability of enactment by year-end.

  9. Milken Institute49 min

    Dialogue with Dato' Seri Anwar Ibrahim

    Dato' Seri Anwar Ibrahim, Dato' Seri Anwar bin Ibrahim, Haslinda Amin, Michael Milken, Curtis Chin, Anwar Ibrahim, Michael Swaito, Joe Brock

    Anwar Ibrahim and Mahathir Mohamad lead a transition government in Malaysia that prioritizes dismantling race-based economic policies, combating systemic corruption, and replacing the New Economic Policy with a need-based framework. The administration plans to recover billions from the 1MDB scandal to fund education and social services while managing a predetermined handover of the premiership from Mohamad to Ibrahim in May 2020. This strategic governance aims to redefine the nation's "Asian Dream" by fostering multiracial democracy, addressing severe poverty statistics, and positioning Malaysia as a stable economic force amid regional geopolitical tensions.

  10. Milken Institute56 min

    A Conversation with Wilbur L. Ross, Jr., Secretary, U.S. Dept. of Commerce | The American Workforce

    Wilbur L. Ross, Jr., Gerard Baker, Bernard Harris, Jr., Barbara Humpton, Jonathan Sokoloff, John, Wilbur Ross

    The American Workforce Advisory Board, led by Secretary Ross, has secured commitments for 7.5 million apprenticeships to address critical labor gaps caused by a "barbell" demographic and a vocational training deficit. Industry leaders and policymakers are collaborating to shift from a traditional degree-centric model toward merit-based hiring, lifelong retraining, and expanded STEM education to prepare for technological displacement and emerging sectors like space travel. This strategic pivot aims to align the workforce with evolving economic realities by prioritizing digital readiness, soft skills, and streamlined credentialing over obsolete vocational labels.

  11. Milken Institute31 min

    A Conversation with Mark Bradford and Michael Govan

    Mark Bradford, Michael Govan

    Art critic and curator Bradford discusses his evolution from abstract expressionism to politically charged installations that challenge institutional norms and address social inequities. The conversation highlights his co-founding of Art + Practice, a non-profit transforming a former beauty parlor into a hybrid gallery and foster youth center in Leimert Park to serve marginalized communities. Through strategic partnerships with LACMA and a rejection of the "colonizing model," Bradford advocates for an integrated approach where artistic practice drives systemic change and resource redistribution.

  12. Milken Institute57 min

    Right or Left: Who's Best for Freedom?

    Josh Barro, Kenneth Hersh, Rich Lowry, Gene Sperling, Felicia Wong

    In a debate contrasting FDR's positive liberties with classical negative freedoms, Felicia Wong and Gene Sperling argue that true liberty requires protection from want and fear, while Rich Lowry and Kenneth Hirsch contend that freedom is strictly defined by the absence of government coercion. The panel further explores how economic policies like the Affordable Care Act and anti-discrimination laws either expand individual agency or threaten consumer choice, while noting that shifting political narratives now force conservatives to defend liberty against a backdrop of authoritarianism and rising public demand for government intervention. Ultimately, the discussion highlights a deep ideological divide over whether freedom entails securing material security and dignity through state action or preserving it through limited government and market competition.

  13. Milken Institute52 min

    Inside a Blockbuster Franchise: "Avengers: Endgame"

    Julia Boorstin, Anthony Russo, Joe Russo, David Levinson, John McCutchan

    Directors Joe and Anthony Russo leveraged a unique back-to-back production strategy and a global day-and-date release to propel *Avengers: Endgame* to a record-breaking $1.2 billion opening weekend. Their collaborative "mastermind" approach, which integrated scientific consultation and disciplined ensemble management, transformed the film into a universal cultural phenomenon while reaffirming the distinct value of the theatrical experience. Building on this success, the Russo brothers are now expanding their AGBO production company to champion artist ownership and emerging talent with projects like *Cherry*, all while maintaining a format-agnostic commitment to both streaming and cinema.

  14. Milken Institute28 min

    A Conversation with Calvin Klein

    Calvin Klein, Mike Milken, Michael Milken

    Calvin Klein co-founded his global fashion empire with early capital from childhood friend Barry Schwartz, eventually pioneering disruptive marketing strategies like the Brooke Shields "Nothing" campaign and unauthorized product placements to define an American, provocative brand identity. While the partnership with financier Michael Milken provided critical structural discipline during cash crunches, Klein also navigated legal controversies such as the "Kiddie Porn" investigation by prioritizing cultural conversation over traditional safety. Today, he reflects on how social media has compressed the industry timeline, distinguishing between fleeting celebrity brands and enduring legacy companies built on distinct style and consistent messaging.

  15. Milken Institute1h 1m

    Investing with Vision: A Conversation With SoftBank's Rajeev Misra

    Rajeev Misra, Mike Milken, Michael Milken

    SoftBank Vision Fund has deployed $80 billion across 80 portfolio companies to aggregate fragmented markets through AI-driven platforms and preferential debt financing. Led by Rajiv Mehta, the fund targets 30% long-term returns by applying a minority stake strategy to "fearless" founders while leveraging SoftBank's ecosystem for global expansion. With a second fund planned for immediate launch, the organization aims to capitalize on the transition from internet growth to an AI revolution that restructures industries like transportation and hospitality.