Kevin DeLeon

Bettering California's Business Climate

Mike Cloughton, Mike Milken, Scott Minard, Kevin DeLeon, Sharon, Troy

Hosted by the Milken Institute, the California Summit convened key policymakers and investors to address the state's economic trajectory, demographic shifts, and innovation capacity. Leaders such as Scott Minard, Senator Kevin de León, and Troy Carter debated strategies to leverage California's upgraded credit rating for massive infrastructure bonds, reform the film tax credit system, and resolve funding disparities for women-led bioscience firms. The event concluded with a consensus that the state must reduce regulatory friction and lower marginal tax rates to retain global talent and sustain growth in critical sectors like technology and healthcare.