United States

Smoke billows over Los Angeles as wildfires burn in the nearby hills, with dense orange and gray plumes rising behind the city skyline and palm trees in the foreground.

After the Fires, the Fires Still Burn

On January 7, 2025, the Los Angeles metropolitan area experienced something unprecedented in modern American history. Two simultaneous urban fires broke out in Los Angeles County, fueled by a nine-month drought and hurricane-strength winds...
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Portrait of Kevin Klowden

Kevin Klowden

Formerly Milken Institute

Prescription Drug User Fee Act VIII (PDUFA)

FasterCures at the Milken Institute is honored to provide our response to the Reauthorization of the Prescription Drug User Fee Act; Public Meeting; Request for Comments [FDA–2025–N–0816]. As a nonprofit, nonpartisan think tank, the Milken...
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Portrait of Esther Krofah

Esther Krofah

Executive Vice President, Milken Institute Health
Esther Krofah is the executive vice president of Milken Institute Health, leading FasterCures, Public Health, the Future of Aging, and Feeding Change. She has extensive experience managing efforts to unite diverse stakeholders to solve critical issues and achieve shared goals that improve patients’ lives.
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The Cost of Policy Uncertainty

Launching and running a small business or startup is as much about managing risk as it is about bringing a great idea to market. Whether you’re opening a small-town bakery or launching a biotech startup, entrepreneurship requires a strong...
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A smiling light-skinned female-presenting person with dark brown hair wearing a black shirt with a pearl necklace against a light gray background

Kristen Fanarakis

Associate Director, Small Business Policy and Innovation
Kristen Fanarakis leads the small business policy, entrepreneurship, and innovation initiative within the Milken Institute’s Finance pillar. She focuses on the macroeconomic and systemic trends affecting American small businesses and startups, and the implications for the economy and innovation.