Economic Mobility Alliance
Invest America Accounts
Invest America Accounts provide universal investment accounts seeded at birth, aimed at helping individuals build long-term wealth and achieve economic security across generations.
Pathways to Capital
Pathways to Capital expands access to capital for underserved communities and entrepreneurs, enabling greater economic participation and growth through the programs listed below.
Pathways to Capital Programs
Initiative for Inclusive EntrepreneurshipInitiative for Inclusive Entrepreneurship removes barriers and offers essential support to entrepreneurs from underserved communities, fueling economic dynamism and job creation.
Inclusive CapitalismInclusive Capitalism includes the historically Black college and university (HBCU) program dedicated to supporting HBCU graduates pursuing careers in asset management.
10,000 Communities10,000 Communities drives investments and resources into local communities to support sustainable economic growth and resilience.
Financial Innovations Labs
Financial Innovations Labs develops creative solutions and scalable innovations to tackle complex financial challenges and broaden economic participation.
FinTech, Entrepreneurship, and Innovation
FinTech, Entrepreneurship, and Innovation employs cutting-edge financial technology to empower entrepreneurs and expand financial inclusion.
Veterans Community Initiative
Veterans' Community Initiative delivers tailored resources that enable military veterans to successfully make the transition into civilian careers.
Lifetime Financial Security
Lifetime Financial Security helps individuals better prepare for retirement, addressing the critical challenges of saving and investing effectively.
The IFC–Milken Institute Capital Markets Program
The IFC–Milken Institute Capital Markets Program develops human capital in emerging economies by educating mid-career government finance professionals and providing them with a lasting network; to date, we have supported 300 fellows across 65 nations, two-thirds of whom are in Africa and 50 percent of whom are women.
The World Bank–Milken Institute Public Financial Asset Management Program
The World Bank–Milken Institute Public Financial Asset Management Program supports sovereign governments in improving public asset management to drive long-term economic stability and growth.
Geo-Economics, Climate Resilience, and AI
Geo-Economics, Climate Resilience, and AI explores how global economic trends, environmental challenges, and technological advancements interact, developing strategies that enhance resilience and growth.
Economic Mobility Alliance
Most Recent Content
Building a Resilient America - FEMA Review Council
As the federal government considers a wide range of ideas to improve disaster preparation, recovery, and response, we are writing to propose a new framework for shared responsibility to maximize the impact of federal investment while...Read Letter
2025 Digital Asset Market Structure Discussion Draft – US Senate Banking Committee
The Milken Institute ("Institute") appreciates the opportunity to submit comments in response to the Senate Banking Committee’s (“Committee’s”) Request for Information (“RFI”) on digital asset market structure. As a nonpartisan, nonprofit...Read Letter
2025 Digital Asset Market Structure Discussion Draft – US House Financial Services and Agriculture Committees
The Milken Institute (“Institute”) appreciates the opportunity to comment on the Digital Asset Market Structure Discussion Draft (“Discussion Draft”) released by the US House Committee on Financial Services and the US House Committee on...Read LetterRequest for Information on Implementation of the Community Disaster Resilience Zones Act of 2022
The Milken Institute welcomes the opportunity to comment on the implementation of the Community Disaster Resilience Zones Act (CDRZA). We commend Congress and the Federal Emergency Management Agency (FEMA) for lifting up the importance of...Read LetterImage
Dan Carol
Senior Director, Milken Institute FinanceDan Carol is a senior director on the Milken Institute Finance team. He leads Institute programming to accelerate effective deployment and financing of community-scale and climate resilient infrastructure, scale up regional innovation, and scale-up public-private partnerships.Digital Asset Market Structure Discussion Draft
The FinTech Program of the Milken Institute is pleased to provide comments on the Digital Asset Market Structure Discussion Draft (“Discussion Draft”) by the US House Committee on Financial Services and the US House Committee on Agriculture...Read LetterEnvironmental Protection Agency Greenhouse Gas Reduction Fund
Submitted electronically The Honorable Michael S. Regan Administrator U.S. Environmental Protection Agency Washington, DC 20004 Re: Docket ID No. EPA‐HQ‐OA‐2022‐0859 Dear Administrator Regan: Thank you for the opportunity to comment on the...Read LetterImageDan Carol
Senior Director, Milken Institute FinanceDan Carol is a senior director on the Milken Institute Finance team. He leads Institute programming to accelerate effective deployment and financing of community-scale and climate resilient infrastructure, scale up regional innovation, and scale-up public-private partnerships.
Municipal Securities Rulemaking Board (MRSB) on ESG
Submitted electronically Patrick Brett Chairman Municipal Securities Rulemaking Board (MSRB) 1300 I Street NW, Suite 1000 Washington, DC 20005 Mark T. Kim Chief Executive Officer Municipal Securities Rulemaking Board (MSRB) 1300 I Street NW...Read Letter
Financial Industry Regulatory Authority (FINRA) Short Sale Disclosures
Submitted electronically Jennifer Piorko Mitchell Office of the Corporate Secretary FINRA 1735 K Street, NW Washington, DC 20006-1506 Dear Ms. Mitchell: The Milken Institute Center for Financial Markets appreciates the opportunity to...Read LetterImage
Michael Piwowar, PhD
Executive Vice President, Milken Institute FinanceMichael S. Piwowar, PhD, is the executive vice president of Milken Institute Finance. Piwowar served as a commissioner at the US Securities and Exchange Commission (SEC) from August 15, 2013, to July 6, 2018.