Gary Cohn and Steven Mnuchin faced questions after laying out the bare bones of President Trump's tax reform proposal.
Executives of PVH Corp., J.C. Penney and other retailers, along with the Retail Industry Leaders Association, met with Treasury Secretary Steven Mnuchin to discuss tax reform, and while nothing definitive came of the meeting, retailers felt they were “heard.”
Brian Dodge, RILA’s executive vice president of public affairs, said the meeting with Mnuchin focused generally on tax reform, but admitted that “no conversation of taxes would be complete” without a discussion of the much-maligned border adjustment tax, which, as proposed by House Republicans, would see imported goods taxed more heavily.
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?"