In today’s CEO Daily: Diane Brady on Fortune ’s Most Powerful Women Summit.

The big story: Bessent bashes China.

The markets: Global selloff.

Plus: All the news and watercooler chat from Fortune .

Good morning from Washington. Today is Day 2 of Fortune’s Most Powerful Women Summit . From the speed of AI to the shifting policy environment, the theme of Leading in a Dynamic World resonates. There’s cause for concern: Angela Williams, the CEO of United Way Worldwide, the world’s largest privately-funded philanthropy, told me that global uncertainty is prompting a “wait-and-see” approach among donors at a time of growing need. But I’m also struck by the optimism of women leaders here. At a dinner hosted by the U.S. Chamber of Commerce CEO Suzanne P. Clark last night, the

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