WASHINGTON — Capitol Hill lawmakers are poised to confront the daunting challenge of finding a compromise to avoid a “fiscal cliff” in the lame-duck session of Congress that begins Tuesday, but several trade-related measures with broad implications for the fashion industry also have a chance of advancing.
The top priority for lawmakers as they return this week after adjourning in September to campaign for the elections is negotiating a compromise solution to expiring tax cuts enacted under former President George W. Bush and to deep spending cuts to federal agencies and the Pentagon that will take effect in January unless action is taken. Last week’s elections, which sent President Obama back to the White House for a second term and saw Democrats retain and increase control of the Senate and Republicans maintain their majority in the House, have only increased pressure for some sort of compromise.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"